ABOUT HSIFM
History
The Hospitals Self-Insurance Fund of Missouri (HSIFM) was first established in 1991. At the time there was a workers’ compensation crisis occurring all over the country. Rates were dramatically increasing and there seemed to be few alternatives for healthcare organizations.
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A group of Missouri hospitals saw an opportunity to better manage risk and claims in a manner that would cost effectively and proactively address this key risk. The same core group of hospitals are still together self-funding this important employee safety risk as a group.
HSIFM has always been cutting edge in developing and adopting risk and claims management strategies. HSIFM has repeatedly purchased patient transfer equipment, provided innovate communication tools to impact a culture of safety, and developed risk and claims management strategies that have been proven to reduce risk and claims.
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Proactively Impacting Risk
Healthcare employees often face more challenging physical risks than most manufacturing or construction jobs. Lifting and transferring patients is a huge challenge. In addition, obesity, combative patients, substance abuse and non-compliant patients make the job even harder. Let the Hospitals Self Insurance Fund of Missouri (HSIFM) be your long-term partner and advocate in focusing on workers’ compensation risk, so you can focus on quality care.
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Advantages
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Greater Control of Claims Process
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Access to Superior Risk Management Services
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Collaborating with your peers to control costs
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A Long-Term Workers’ Compensation Solution
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Did we mention Dividends
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HSIFM has paid millions of dollars in dividends to members and invested in patient transfer equipment and member risk management.
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