insurance for surgical centers

Westwood will work with you to ensure your surgical center clients have the best insurance coverage and advice to protect them against every threat they could face.
General Liability Insurance
Professional Liability Insurance
Professional liability insurance, also known as errors and omissions insurance (E&O) and medical malpractice insurance, protects your business against claims of negligence, malpractice, errors, and omissions which may have occurred during the fulfillment of a professional service.
Directors and Officers Liability (D&O) insurance
D&O insurance (Directors and officers liability insurance), shields the personal assets of company directors and officers, and where necessary, their spouses, from claims which could arise as a result of the decisions they made and actions they took within the scope of their regular duties.
Cyber insurance
Cyber liability insurance covers the financial costs associated with a breach of your cyber security, such as a ransomware attack. It also covers first party costs including event management, data restoration, financial costs to third parties, network interruption, and cyber extortion.
HNO Insurance
HNOA, (hired non-owned auto insurance) is designed for organizations who regularly hire vehicles or require employees to use their own vehicles in the course of their work. In the case of an accident where your employee was liable, it could cover physical damage to that other person’s vehicle, medical expenses, the cost of hiring an attorney to defend your business.
Workers’ Comp. Insurance
Workers’ compensation insurance covers your employees for workplace injuries or illness. It provides them with medical and wage benefits.
This coverage is mandated by each state, with the wage and medical benefits varying from state to state. Workers compensation also protects business owners from civil suits by workers who become injured on the job.
Employment Practices Liability
Employment practices liability insurance (EPL insurance or EPLI), covers employers (PDF) against claims made by employees for:
- Discrimination (based on sex, race, age or disability, for example)
- Wrongful termination
- Harassment
- Failure to promote and other employment-related issues
Environmental Liability insurance
Environmental Liability insurance is liability insurance specifically designed to protect environmental liabilities. This is a specialized form of general, commercial liability insurance that provides financial protection against litigation and clean-up costs resulting from claims of injury or damage caused by pollution, contamination or hazardous waste disposals.
Property Insurance
Property Insurance covers unexpected damage or loss to property. The policy can be purchased to cover both structures and contents, which are separate policies in many cases. Property Insurance covers physical structures, not land. Medical facilities and aged care facilities need property insurance to cover the real property and all fixed items such as furniture, medical equipment, art works and tapestries.
Crime Insurance
Crime Insurance covers the insured party a reimbursement if their property is damaged due to a crime. Crime Insurance usually has a huge range of options and comes in different forms. It can be either a rider that can be attached to the existing insurance policy, or it is available as a completely separate product.
Auto Insurance
Auto insurance is a type of liability insurance coverage, usually mandated by law, for all mechanically propelled vehicles. It provides protection against losses resulting from traffic accidents and against liability that could also arise therefrom. A medical or aged care facility would typically have auto insurance on their fleet of vehicles as well as for any vehicles transporting patients to and from the facility.
Fully/Partially Funded insurance
Partially Funded insurance gives facilities the opportunity to pay a set premium for, and then in turn is partially covered for specific risks.
Fully Funded Insurance allows facilities to pay premiums to have coverage against all risks. In return, if they are unfortunate enough to incur any of the covered loss or injury, they are reimbursed their insurance policy amount.
Excess and umbrella coverage
Excess coverage provides an additional layer of protection over and above what an underlying policy provides. It applies to a single policy only.
An umbrella policy on the other hand, provides additional liability coverage over and above what is provided by a number of underlying policies.
surgical centers
have special insurance requirements
Today’s health environment can be challenging for surgical centers. They are under pressure to maintain quality and safety standards while also being fiscally responsible. This can be difficult to do when insurance companies often have different requirements than what is best for the surgical center. For example, an insurance company may require a certain type of equipment that is not the most up-to-date or may not cover certain procedures that are essential to the success of the surgery center.
Staff shortages can also put pressure on surgical centers. It is not always possible to hire the number of surgeons or nurses needed to meet patient demand. This can lead to long wait times for appointments and surgeries. In some cases, patients may need to be turned away because the center does not have the staff to accommodate them.
Surgical centers must also deal with the constantly changing health care landscape. New technologies and treatments are constantly being developed and introduced. This can make it difficult for surgical centers to keep up with the latest changes and ensure that they are providing the best possible care for their patients.
Surgical centers must have general liability insurance to protect them from the potential risks involved in their work. This insurance helps to cover the costs of any lawsuits that may be filed against the surgical center. It is important for surgical centers to have this coverage in place so that they can continue to provide quality care for their patients.
In addition, Directors and Officers Liability (D&O) insurance may be important as well. This type of insurance protects the surgical center from lawsuits that may be filed against its directors and officers. This coverage is important because it can help to cover the costs of defending against these lawsuits.
Surgical centers face many challenges in today’s health care environment. However, they play a vital role in our health care system and provide important services that improve the lives of their patients. It is important for surgical centers to have the right insurance in place to protect them from the potential risks involved in their work.
we've got you covered
General Liability Insurance
Protecting healthcare organizations against increasingly crippling litigation.
Professional Liability Insurance
Protecting medical professionals against increasingly crippling litigation.
Medical Malpractice Insurance
Protecting medical professionals against increasingly crippling litigation.
Cyber Liability Insurance
Protecting healthcare organizations & professionals against cyber attacks.
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216.539.0841
855.351.7487