Sixty-Nine Percent of Healthcare General Counsel Say Their Emergency Preparedness Plan Inadequately Covers Risk, Consero Survey Reveals

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Sixty-Nine Percent of Healthcare General Counsel Say Their Emergency Preparedness Plan Inadequately Covers Risk, Consero Survey Reveals

Screen Shot 2016-01-12 at 6.26.53 AMBETHESDA, MD – (Jan. 11, 2016) – Over two thirds (69%) of healthcare General Counsel do not believe that their emergency preparedness plan covers all risk exposure adequately, according to a new survey by Consero Group, an international leader in creating high-level, invitation-only events for senior executives. The results were reported as part of the September 2015 Healthcare General Counsel Data Survey, compiled by Consero Group in partnership with Bass, Berry & Sims.

When asked to identify their top risks, the highest percentage (39%) of General Counsel identified cyber security/protection. HIPAA/HITECH compliance was named the second-highest area of risk by 36 percent of surveyed healthcare GCs, while regulatory healthcare changes came in third at 33 percent.

“Although legal departments of healthcare systems are being pulled in many directions, General Counsel priorities remain clear. Addressing cyber security and other risks in 2016 is top-of-mind for these executives,” said Paul Mandell, Founder & CEO of Consero. “The fact that such a large majority believe their emergency preparedness plans do not cover their risk exposure is a worrying data point that should improve as healthcare GCs address their top priorities.”

Additional Findings Included:

  • M&A Activity a Top Focus for Healthcare GCs: Thirty-six percent of healthcare General Counsel identified merger and acquisition activity as a top area of focus in the coming months.
  • Access to Resources Greatest Impediment to Progress: Nearly a third (31%) of surveyed GC named access to budgetary resources as the greatest impediment to their department’s progress in the coming months.
  • Large Majority of Board Members Involved in Quality of Care: Seventy-three percent of respondents reported that their Board members are either involved or extremely involved in matters relating to quality of care in their health system.

Consero surveyed GCs from mid-size to large U.S. hospital and healthcare systems in connection with its invitation-only Healthcare GC Forum in September 2015. Though limited to 46 participants, the results yielded interesting data for discussion in the healthcare arena. The survey was composed of 15 questions.

About Consero

Founded in 2010, Consero Group is an international leader in creating industry- specific events for senior-level executives in the following areas: Legal, Compliance, Shared Services, Customer Experience, Finance, IT, HR, and Procurement, among others. Based in Bethesda, Maryland, Consero is best known for transforming the executive experience through intimate, invitation-only programs in a sophisticated learning environment with high-level content. For more information on Consero, please visit www.consero.com.

About Bass, Berry & Sims

Bass, Berry & Sims PLC is a full-service law firm with more than 220 lawyers in Tennessee and Washington, D.C. As one the of largest healthcare firms in the United States, Bass, Berry & Sims has a depth of healthcare experience that ranges from operational and regulatory compliance to government investigations, and complex transactions. The firm’s clients include hospitals and health systems, ambulatory surgery centers, dialysis companies, clinical labs, hospice, home health, senior housing, and technology companies. Bass, Berry & Sims offers advice that is conservative and practical when working with healthcare clients to effectively manage their needs, including mergers and acquisitions, joint ventures, fraud and abuse, reimbursement, licensing and certification, corporate compliance, HIPAA privacy, and security compliance. The team’s deep bench and historical industry perspective make Bass, Berry & Sims the stronger choice in today’s increasingly complex healthcare environment. To learn more, visit www.bassberry.com.

Contact:

Mark Pasetsky
Mark Allen & Company
646-794-4201
mark@markallenco.com