Risk Management Consulting & Services

With extensive subject matter expertise in the areas of clinical care, medical risk, insurance, patient safety, quality improvement, and medical malpractice, Med-IQ’s risk management consulting practice assists clients in navigating through their most complex risk, quality, and patient safety challenges.

Results-oriented from start to finish

There’s no shortage of risk management consultants in healthcare. So, what sets us apart? Why do the vast majority of our consulting clients re-engage with us when they face new needs and challenges?

Collaboration

We create a true partnership by listening to each client, measuring what matters, and ensuring that our recommendations can be integrated into the flow-of-work processes, providing the necessary tools and resources to ensure successful outcomes.

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Flexibility

While most consulting firms are armed with set agendas, procedures, and checklists, the Med-IQ approach is based on flexibility. Our framework is designed for adaptability, taking into account client needs, desires, and time constraints. We embrace the unique aspects of every client and adapt our engagements accordingly.

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Implementation

Unlike most consulting firms that complete their engagements, make their recommendations, and move on, Med-IQ not only provides detailed recommendations, but also the support to operationalize them. Short of resources? No problem—our outsourced risk services will ensure complete and effective execution.

Assessments

Assessment engagements can range from traditional risk and patient safety assessments to identifying opportunities to reduce potential liability, to building high reliability practices within an organization. Our experts provide the tools, techniques, and methodologies to identify exposures, hardwire best practices, and transform organizational culture. The focus can be on the entire organization, specific departments, transitions of care, or a specific diagnostic category.

Unique to Med-IQ’s assessment approach is our integrated focus on risk, quality, and patient safety. Unlike most other firm’s assessments that focus primarily or exclusively on risk, Med-IQ’s assessments include the perspectives of clinicians, specialists, and experts in patient safety and quality.

Audits

Audit services available to clients include randomized focused reviews to identify opportunities for improvement, quality assurance reviews to meet regulatory requirements, baseline audits to identify a watermark for measuring practice improvement, and annual audits to maintain gains in practice change. Audits are based on nationally recognized best practices and can be tailored to meet the unique needs of each client.

Outsourced Risk Management Services

Med-IQ offers a broad range of outsourced risk services, all tailored to address individual client needs. Common outsourced services include:

  • Mentoring and coaching new risk managers / safety managers

  • Gap analyses

  • Interim leadership and risk management support services

  • Joint Commission accreditation preparedness

  • Underwriting research

  • Best practice tool development

  • Template development

  • Policy and procedure manuals

  • Onboarding documents

  • Informed consent forms

Long-Term Care Risk Management Consulting

Med-IQ has the expertise and resources to assist long-term care clients in developing and implementing risk mitigation and resident safety initiatives. Med-IQ’s broad range of long-term care consulting services include:

  • OBRA compliance and readiness surveys

  • Compliance assistance with revised CMS guidelines

  • LTC-specific assessments (eg. elopement risk)

  • LTC-specific audits (eg. falls and wounds audits)

  • Root cause analyses and general documentation

Claims Analytics

Med-IQ’s claims analytics is a highly unique service, designed to proactively identify exposures and mitigate risk, prior to harm reaching a patient. Through this service, we will compare your organization’s claim history against a proprietary benchmarking database that contains the deeply rooted causation drivers of nearly 15,000 medical professional liability claims. As a result, potential problem areas can become visible, which can then inform where to focus your education efforts.

Joint Providerships

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Med-IQ collaborates with many organizations looking to explore new and innovative ways to deliver continuing medical education to all levels of healthcare delivery teams, as well as enable non-accredited organizations to offer CME/CE credits to their event participants. Med-IQ has achieved ACCME Accreditation with Commendation, the highest accreditation level available, and awarded to only a small minority of accredited CME/CE providers.