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Capacity Coverage Company of New Jersey Provides Clients With Risk Management Tools and Risk Transfer Options Related to the Maintenance of Electronic Health Records

Thursday, June 3, 2010 General News J E 4
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MAHWAH, N.J., June 3 Capacity Coverage Company of New Jersey, Inc. (CCCNJ), one of the fastest growing and largest insurance and risk management intermediaries in the United States, has new tools in place to assist clients with managing the risk related to their electronic health record (EHR) initiatives. According to the National Center for Health, over 38% of all office-based physicians reported using some form of EHR system. Driven by the federal HITECH Act passed last year, this number will grow significantly in the coming years. CCCNJ is looking to help local and regional physician practice groups, hospitals, pharmacies, and diagnostic centers - all of whom have access to significant amounts of sensitive EHR data.

Paul Paray, regional vice president at CCCNJ, commented, "When consulting with clients, we advise them to protect their most sensitive data the most and it is often the case that EHR data is their most sensitive data. It really does not matter how small or cash-strapped the practice group, there are things that can be done to cost effectively mitigate EHR risk. For example, many smaller firms are not even aware that low-cost network security and privacy (NSAP) insurance is available to help protect them while they are building out their EHR system."

Upcoming Event and Available Resources

On June 11, 2010, Paul Paray will moderate a panel on healthcare privacy at the annual conference of the Association for Healthcare Risk Management of New York to be held at the New York Helmsley Hotel. A copy of the CCCNJ article "Risk Management of Electronic Health Records" is available for download via the following link: www.nsapinsurance.com. A longer version of this article will be published over the summer as a chapter in a new American Bar Association book on EHR risk management.

To schedule a meeting or to learn how CCCNJ can help your firm cost-effectively manage EHR risk, please contact Paul Paray at pparay@capcoverage.com or 201-661-2376.

About Capacity Coverage Company of New Jersey, Inc.

Capacity Coverage Company of New Jersey, Inc. (CCCNJ) helps clients manage their risks in property and casualty, employee benefits, professional liability and other areas of specialized exposure such as network security and privacy. Further information regarding CCCNJ can be found at www.capcoverage.com.

Media Contact: -------------- Carl Gerson 201-661-2400 cgerson@capcoverage.com

SOURCE Capacity Coverage
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