Creating solutions to help the industry thrive
Risk Insights: Senior Living & LTC
Release Date: 07/12/2023
Risk Insights: Senior Living & LTC
Host Tara Clayton and her guest, Scott Bertulis, senior vice president, loss control with Marsh’s Senior Living and Long-term Care industry practice, discuss workers’ compensation management and how workplace injuries can have a significant financial and operational impact, but with the right approach to loss control, companies can reduce risks to protect their employees and keep costs under control. Webinar replay: Contact us with questions: [email protected]
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Identify possible cyber vulnerabilities and risks linked to third-party vendor relationships, as well as the significance of being prepared for potential cyber incidents. Senior Living & Long-Term Care: Cyber: Email Tara Clayton:
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Host Tara Clayton and her guest, co-leader of Marsh’s Senior Living & LTC Industry Practice Michael Pokora, discuss some of the challenges owners and operators face — including staffing and wage pressure, severe weather-related events, and a complex litigation environment — emphasizing the need for proactive risk management strategies to help address market dynamics. Show Notes: Email Tara Clayton:
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Everyone loves a field trip. But when transporting senior community residents, there are some special considerations that need to be made before the fun can begin. Explore the unique risks that can present for owners and operators when transporting seniors in this episode of Risk Insights: Senior Living & LTC. Email Tara Clayton: [email protected]
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Having pre-conceived notions is common, but these biases are not without consequence. Recognizing and addressing implicit bias in senior living and long-term care communities is critical to ensure the well-being and dignity of residents. Learn about the prevalence of implicit bias in senior living settings, the impact it can have on residents' mental health, and strategies to address and reduce bias in this episode of Risk Insights: Senior Living & LTC. Senior Living & Long-Term Care:
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The use of artificial intelligence (AI) in the employment context is not new, but it is evolving and growing. Utilizing AI in employee training and development can enhance learning experiences and personalize training programs, analyze employee performance data, and provide targeted recommendations for skill development and career advancement. But as employers look to AI to create efficiencies, they must also be mindful of the need for transparency, human oversight, and continuous testing and auditing of AI tools. Explore the use of AI in the employment context and understand the potential...
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The employment landscape in the senior living and long-term care industry is facing significant challenges including increased scrutiny from federal agencies such as the EEOC and NLRB. Learn how owners and operators can be proactive in understanding and complying with employment laws to mitigate the risk of lawsuits and penalties.
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Hear about steps that senior living and long-term care community owners and operators should take to ensure they are in the best possible position to emerge from a property loss quickly and effectively.
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Tara Clayton is joined by John Derse, Senior Partner and Healthcare Provider Industry Practice Leader at Mercer and David Mitchell, Partner in Mercer's Career Consulting Practice. Together, they examine changing workforce dynamics and provide suggestions for how owners and operators can take an evolved approach to staffing for greater workforce success.
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As Congress considers minimum staffing ratios for long-term care providers, the healthcare industry as a whole continues to struggle with staffing shortages. Listen as host Tara Clayton and Scott Tittle, Head of Government Relations and External Affairs for VIUM Capital, discuss what owners, operators, and healthcare providers can do educate the Hill and make their voices heard. Link to VIUM Capital’s website:
info_outlineOwners and operators provide essential residential and care services for millions of Americans. Listen as host Tara Clayton and John Atkinson, leader of Marsh’s Senior Living & LTC Industry Practice, discuss how they are working to ensure these specialized providers are properly protected for the risks they face.
2022 General and Professional Liability Benchmark Report: https://www.marsh.com/us/industries/senior-living-long-term-care/insights/gl-pl-benchmark-report.html
Captive Solutions: https://www.marsh.com/us/services/captive-insurance.html
Property Advisory Solutions: https://www.marsh.com/us/services/risk-consulting/sectors/property-consulting.html
Marsh’s Cyber Risk Practice: https://www.marsh.com/us/services/cyber-risk.html