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Evaluation, Measurement and Reporting
An ongoing evaluation, measurement and reporting program is an essential component of risk management. MRM provides a full range of these services. As the risk management program is implemented it is imperative that participants understand clearly how the program works and what is expected of them. Compliance with the RM program should be mandatory and audited on a periodic basis. Reliable and accurate compliance reporting is important to maintain the integrity of the RM program.
Designing "Aligned Incentives"
In addition, MRM has experience in assisting clients and their insurers in designing incentive programs to support compliance with risk management policies, procedures and guidelines. These types of incentives range from insurance program deductible programs to the establishment of escrow funds utilized to reward providers that are compliant with the program requirements.
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