Established in 1998, CRICO Strategies is a division of The Risk Management Foundation of the Harvard Medical Institutions Incorporated (RMF), a CRICO company. CRICO is the captive insurance program founded more than 40 years ago to provide underwriting, and claims management and litigation services to the Harvard medical institutions and their affiliates. In 1979 CRICO established RMF to, among other things, implement a data-driven approach to study and reduce medical error through detailed clinical analysis of malpractice claims, and the associated legal and financial burden of the claims process. CRICO's data-driven approach, supported by convening and education across the institutions, has become the foundation of CRICO’s success in risk management and patient safety, and the model extended to a national community of learning through CRICO Strategies.
Today, CRICO Strategies offers clinical risk intelligence products and services, and a community of learning to a national client base representing 550 health care entities, including 400+ hospitals and more than 195,000 physicians. Partnering with health care organizations and insurers to code malpractice claims, our taxonomy provides the basis for our national Comparative Benchmarking System (CBS)—a database representing 30% of US medical malpractice claims—enabling deep analyses, sharing, and prioritization for your risk management and patient safety programs.
What differentiates CRICO Strategies from other risk management and patient safety service organizations or consulting companies is the ability to leverage our national CBS data and 40+ years of industry experience. Our proprietary CBS database is the largest patient safety “learning engine” in the US, and enables us to inform our work and target our efforts on behalf of clients in ways other companies cannot.
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Translating data from seemingly unique cases into a clinical process that triggers awareness of clinical vulnerabilities is what brings these stories to life.
Larry Smith MedStar Health
We now have the first crop of data on this important topic of diagnosis—resulting from our partnership with Harvard-based CRICO Strategies—which we've shared in a recent issue of our publication, Brink.
Bill McDonough MMIC Constellation