AIG Study Shows Hospital C-Suite and Risk Managers Struggle with Maintaining Patient Safety PR Newswire NEW YORK, April 19, 2013 NEW YORK, April 19, 2013 /PRNewswire/ --Maximizing patient safety is the top priority for hospital C-Suite executives and Risk Managers in the United States – but, "lack of teamwork, negative culture and poor communication" will present barriers to patient safety in the future – according to a new survey commissioned by American International Group (AIG) in consultation with patient safety expert, Dr. Marty Makary, MD, MPH. The results revealed a tension between what hospital leaders perceive as their number one priority in 2013, patient safety (64% C-Suite and 62% risk managers), and their number one threat, failing to maximize financial sustainability (60% C-Suite and 62% Risk Managers). While nearly all respondents (96% of C-Suite and Risk Managers) say their hospital has a "culture of patient safety," one-third (33% of C-suite and 37% of Risk Managers) acknowledge that their hospital needs to undergo major changes to maintain that culture in the future. "This study is designed to better understand what drives patient safety, the barriers our healthcare system must overcome to achieve it, and what can be done to help keep hospitals safer over the next three to five years," said Russell Johnston, Casualty Product Line Executive, AIG U.S. and Canada. Hospital Culture A majority of respondents said the largest barrier to patient safety is lack of teamwork, negative culture and poor communication (42% C-Suite; 55% Risk Managers). The main communication and coordination problems cited include: oThe perception that nurses fear retribution if they discuss patient safety (26% C-Suite, 29% Risk Managers); oDocumentation burdens (69% C-Suite, 60% Risk Managers); oThe number of patient "handoffs" among hospital staff (56% C-Suite, 61% Risk Managers); and oThe quality of coordination and communication between departments at their hospitals (59% of C-Suite executives, 69% of Risk Managers). Who "Owns" Patient Safety? The study also revealed inconsistent perceptions of who is "responsible for" patient safety and who "owns" it. Virtually all hospital executives (98% of both C-Suite executives and Risk Managers) agree that "every staff member in my hospital is responsible for patient safety." But half of both C-Suite executives and Risk Managers (52% and 51%, respectively) believe that nurses "own" it. Interestingly, executives see nursing staff turnover as one of the least influential items on overall hospital risk, including patient safety, regardless of the fact that they place the onus of patient safety on nurses. Technology, Regulation, and Metrics Further complicating the situation, the introduction of new technology, regulation, metrics, and patient education aimed at helping patient safety are sometimes perceived has having the opposite effect: oThree-quarters (75%) of C-Suite executives see reporting of quality metrics as beneficial to safety, yet one in five (20%) sees negative impacts on other areas of quality as a result of having to report these metrics. oWhile most (84% of C-Suite executive and 88% of Risk Managers) agree their hospital effectively uses technology to improve patient safety, more than half (59% of C-Suite executive and 53% of Risk Managers) say it takes clinical staff away from patient care. oOne in four executives (23% of C-Suite executives and 24% of Risk Managers) admit that their hospital is more focused on driving publicly reported metrics rather than truly impacting patient safety. Also, most hospital leaders agree the public does not understand how to interpret publicly reported patient safety metrics (83% of C-Suite executives and 89% of Risk Managers). AIG's commitment to prevention – from Loss Prevention consulting in hospitals to Pre-Injury Consulting with workers' compensation clients, uses these and other data-driven insights to better understand and ultimately improve healthcare outcomes for patients and hospitals. "Given that nearly half of every dollar spent on healthcare costs is related to a medical error, improvements in patient safety will provide a quick return on investment," said Emily Rhinehart, RN, MPH Vice President and Division Manager for Healthcare Risk Consulting, AIG. AIG insures over 2,000 hospitals worldwide, employs more than 250 full-time doctors and nurses, and provides workers' compensation insurance in the United States, through employers, to nearly 10 million employees. "When insurers work to understand and improve overall healthcare outcomes, it results in patients who: experience less pain, quicker recovery time, and fewer medical complications; return to their family and to work sooner; and are prescribed the right amount and type of medication, for the right amount of time," said AIG Casualty's Russell Johnston. "Prevention doesn't cost. It pays." Full results of the survey can be found at www.aig.com/us/prevention. About the Survey This survey was conducted between November 13 and December 20, 2012 among 250 hospital C-Suite executives and 100 Risk Managers in hospitals across the U.S. The survey consisted of a 15-minute, computer-assisted telephone survey comprised of core questions measuring attitudes and behaviors related to patient safety and hospital risk. The study then further looked at the complexities of patient safety exploring internal and external challenges with half of the respondents, and key influences and transparency with the other half. In this study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by five percentage points from the results that would be obtained if interviews had been conducted with all persons in the universe represented by the sample. American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries.. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn: http://www.linkedin.com/company/aig AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds. Contact: Matt Gallagher, email@example.com, 212-458-3247 SOURCE AIG Website: http://www.aig.com
AIG Study Shows Hospital C-Suite and Risk Managers Struggle with Maintaining Patient Safety
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