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Healthcare practice
Healthcare macro trends and emerging risks Lockton’s healthcare
services and resources
GLOBALIZATION REGULATORY PHYSICAL RISKS • Actuarial analysis
• Captive/RRG consulting
• Global demand for advanced • Opioid crisis • Armed intruder/workplace • Clinical risk management
practice healthcare • Jurisdictional challenges violence • Enterprise risk management
professionals • M&A activity • Environmental compliance consulting
• FDA approvals
• Cultural differences • Internal policy and procedure review
• Increase in frequency of severity • Pandemic/COVID-19
• Inconsistent intellectual • Social inlation • The Joint Commission and regulatory
program evaluation
property protections • Pay for performance changes • Active intruder protocols
• Terrorism/mass casualty • Increase in punitive damages TECHNOLOGY • Regulatory claims handling
• Competition • Government as plaintiff • GDPR compliance • Contractual risk transfer/assumed liability
• Privacy/HIPAA review/solutions
DEMAND • Internet of things • Mergers and acquisitions pre-close
• Managed care exchange • Cyber/bodily injury cross-over diligence and post-close structure/
assimilation
• Nursing shortage program claims • Post-injury and claims management
• Reduction in force/furlough • Active regulatory posture • Impact of social media/ • Safety training (bloodborne pathogen,
• Reduction in reimbursement/ • Standards of best practice/cost reputational damage hazard communication, back injury,
COVID-19)
shift in margin of compliance • Technological capacity/controls • Clinical trial expertise
• Insuficient capacity to meet • Environmental safety and outside the US • Stop-loss analysis/bundle payment
demand/reduction in medical disposal • Privacy/denial of service/ reinsurance
students • CMS audits/take-backs/billing cyber risk data in the cloud
• Medical home changes • OCR regulations catastrophe planning
• Increase in outpatient treatment • Qui tam actions (whistleblower) • Nanotechnology
• Change in care appetite (retail) • Antitrust actions and allegations
HopeWest — Lockton: A collaborative Healthcare Practice review 48 Lockton Companies
Healthcare macro trends and emerging risks Lockton’s healthcare
services and resources
GLOBALIZATION REGULATORY PHYSICAL RISKS • Actuarial analysis
• Captive/RRG consulting
• Global demand for advanced • Opioid crisis • Armed intruder/workplace • Clinical risk management
practice healthcare • Jurisdictional challenges violence • Enterprise risk management
professionals • M&A activity • Environmental compliance consulting
• FDA approvals
• Cultural differences • Internal policy and procedure review
• Increase in frequency of severity • Pandemic/COVID-19
• Inconsistent intellectual • Social inlation • The Joint Commission and regulatory
program evaluation
property protections • Pay for performance changes • Active intruder protocols
• Terrorism/mass casualty • Increase in punitive damages TECHNOLOGY • Regulatory claims handling
• Competition • Government as plaintiff • GDPR compliance • Contractual risk transfer/assumed liability
• Privacy/HIPAA review/solutions
DEMAND • Internet of things • Mergers and acquisitions pre-close
• Managed care exchange • Cyber/bodily injury cross-over diligence and post-close structure/
assimilation
• Nursing shortage program claims • Post-injury and claims management
• Reduction in force/furlough • Active regulatory posture • Impact of social media/ • Safety training (bloodborne pathogen,
• Reduction in reimbursement/ • Standards of best practice/cost reputational damage hazard communication, back injury,
COVID-19)
shift in margin of compliance • Technological capacity/controls • Clinical trial expertise
• Insuficient capacity to meet • Environmental safety and outside the US • Stop-loss analysis/bundle payment
demand/reduction in medical disposal • Privacy/denial of service/ reinsurance
students • CMS audits/take-backs/billing cyber risk data in the cloud
• Medical home changes • OCR regulations catastrophe planning
• Increase in outpatient treatment • Qui tam actions (whistleblower) • Nanotechnology
• Change in care appetite (retail) • Antitrust actions and allegations
HopeWest — Lockton: A collaborative Healthcare Practice review 48 Lockton Companies