Personalized Risk Assessment

A Personalized Risk Assessment (PRA) helps identify opportunities to limit or reduce your risk of medical malpractice actions. 

The goal of the PRA is to provide a heightened awareness of risk areas in your practice and to improve patient safety. Professional Solutions physician policyholders can request an onsite Personalized Risk Assessment (PRA) to help:

  • Identify potential areas of risk in your practice. 
  • Determine your risk tolerance level.
  • Identify needed risk management activities. 

Premium Discounts

Physicians may qualify for a premium discount* with an overall score of 70% or better. The discount is based on the score achieved during the on-site PRA. Discounts are applied to policy renewal when the PRA is completed at least 90 days prior to your renewal date.  Discounts are valid for three years.

Assessment Topics 

The topics covered during the assessment include:

  • Documentation practices
  • Medication management
  • Staffing concerns
  • Scheduling concerns
  • Tracking of labs, diagnostic tests and referrals
  • Patient education
  • Communication practices
  • Informed consent protocols

The PRA Process

The following are the steps involved to get started and what to expect during the assessment.

  1. Request an onsite Personalized Risk Assessment (PRA)
  2. A Professional Solutions risk manager will contact you to schedule an appointment
  3. Prepare for your onsite PRA
  4. The day of your assessment will include:
  • Answering a series of questions from risk manager (approximately 45 minutes)
  • Reviewing policy and procedure documents (approximately 30 minutes)
  • Reviewing select, random patient medical records for each physician (approximately 30-45 minutes per physician)
  • Exit meeting, which includes verbal report of findings (30 minutes)  
  1. The final assessment is emailed to the physician or designated office personnel

* The premium discount is 8-10% and is determined by the assessment score.  Discounts are not guaranteed and subject to underwriting approval.

Risk Management Hotline


PSIC Business Associate Agreement regarding the HIPAA privacy rule.

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