Since 2009, PSC Mediprotect has partnered with Day Hospitals Australia to provide insurance and risk advisory services. This 15 year partnership has provided our team with unparalleled industry knowledge in the unique risks day hospitals face.
“We extend our heartfelt appreciation to PSC Mediprotect for their support of Day Hospitals Australia over the last 15 years. Their assistance has enabled us to provide advocacy, representation and support to our members to ensure the relevancy and sustainability of the day hospital sector.” Jane Griffiths, CEO, Day Hospitals Australia
For more than 20 years, our team has provided insurance and risk advisory services to healthcare organisations across Australia. We combine our passion for the sector with the buying power of the PSC Insurance Group (ASX:PSI) to provide suitable insurance cover.
Our specialists provide a range of insurance products suitable for Day Hospitals Australia members.
Medical Malpractice
This policy provides cover for allegations of clinical negligence, including access to 24/7 medico-legal advice and complaint investigation costs.
Cyber Insurance
Critical protection against ransomware attacks, data breaches, and mandatory notification expenses.
Management Liability
This insurance policy safeguards board members and executives against employee disputes, Fairwork claims, and legislative breaches.
Property and General Liability
Provides protection for physical assets and third party injury or property damage.
Workers Compensation
Helps ensure compliance with state or territory regulations and supports injury management.
In the complex and fast-paced world of healthcare, understanding the risks your day hospital faces is crucial to ensuring continuous, effective, and safe operations. The following examples illustrate real-life scenarios where having robust insurance coverage proved indispensable.
Transplant Dosage Error
A nurse inaccurately recorded the medication dosage for a transplant patient, leading to kidney rejection and a $1.5 million settlement. The nurse, as an independent contractor, was responsible for 33% of the payout.
Hydrotherapy Fall
A patient fell while dressing after hydrotherapy in a private hospital, sustaining an arm injury requiring surgery. The incident resulted in a settlement exceeding $200,000.