The fifth annual Zurich benchmarking report on claims trends in the healthcare industry shows that claims severity, or the average amount per claim, has stabilized over the past several years. The average annual rise over the past 11 years is four percent. Additionally, Zurich reports that teaching and children’s hospitals have higher claim severity than acute care community hospitals and outpatient facilities. Non-profit hospitals have the lowest severity; and among non-profits, faith-based institutions have the lowest severity of all.
The report is now available online and can be viewed here: http://bit.ly/ajsqJS