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Industry

Healthcare

Navigate the disruption in the healthcare industry with our experienced risk management and HR services. We can help you find opportunities to grow and succeed.

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The healthcare industry faces unprecedented disruption that's leading to dramatic changes. Healthcare providers and organizations that can transform to address those challenges can find opportunities in the disruption. Our healthcare practice can help you tackle these challenges and find opportunities to grow.

Challenges facing the healthcare industry include:

  • Talent retention and rising staffing costs
  • Data breaches and cyber risk
  • Workplace violence and emergency preparedness
  • Healthcare consumerism and access to care
  • Industry transparency and consolidation
  • Rising cost of care and limited reimbursement
  • Data breaches and cyber crime
  • Determining how to use advancements in data analytics, artificial intelligence (AI) and digital health to improve outcomes
  • Regulatory changes

These disruptions pose challenges, but also offer opportunities to redefine your healthcare organization. You need a partner with the right people, risk and capital strategies to understand the healthcare industry's challenges.

We work with senior leadership to develop and implement strategies that'll position your healthcare organization for long-term growth. We help you succeed in a time of change. With a deep understanding of risk management, healthcare industry expertise, and proprietary analytics and data, we partner with you to meet challenges amid disruption.

About the WTW Healthcare Industry Vertical Division in North America

If you’re wondering what industry excellence means for our healthcare clients, watch this video to find out more.

We serve various healthcare providers and organizations, including:

A focus on medical talent

In healthcare, your greatest asset are your doctors, nurses and other medical professionals. We can help you develop HR programs to attract and keep the critical medical practitioners you need to succeed.

We understand that every healthcare provider has distinctly different human capital needs, especially as they address the extraordinary changes in healthcare delivery.

Key HR solutions to help you address industry changes and attract and retain top talent include:

Information on our human capital offerings

Managing healthcare industry risks

We can provide insurance brokerage, risk analytics, clinical risk management consulting and claims management services to your healthcare organization.

In an industry where the human touch is so highly valued, we serve as a hands-on extension of your risk management department. We understand that healthcare providers and facilities need different risk financing and risk control, especially as they face changes in the healthcare industry.

We reduce healthcare risk costs by working with insurers nationwide and internationally. Our healthcare consultants can tap into a network of healthcare brokers, including dedicated teams in London and Bermuda.

Our healthcare risk management offerings include

We offer a variety of liability coverage including healthcare professional liability, nursing home professional liability, medical malpractice and miscellaneous healthcare facility liability.

We offer a variety of solutions including errors and omissions liability and provider and employer stop-loss.
Our solutions include coverage for medical products, medical device and pharmaceutical manufactures and clinical trials liability.
Healthcare property and casualty insurance, workers’ compensation, auto liability, aviation, climate and environmental.
Risk consulting and risk transfer for network security and privacy exposures.
Our financial and executive risk coverages include directors’ and officers’ liability, employment practices liability, errors and omissions, fiduciary and crime and fidelity.

Effective use of capital

Mounting cost pressures and industry consolidation are forcing healthcare organizations to adopt new capital management practices. We can help with investment advisory services and M&A solutions for any healthcare organization.

Our healthcare practice can help you address your people, risk and capital needs and meet your goals. By taking advantage of new possibilities in today’s changing environment, we help you succeed today and plan for the future.

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