Definitions

Incurred Losses

The dollars reserved for open cases, plus payments for closed cases

 

 

 

Asserted

Submitted either as a claim letter or a lawsuit

 

 

 

 

Responsible Servce

The clinical service considered responsible for the patient at the time of the alleged event

 

 

 

 

Ambulatory Setting

Excluding the Emergency Department

 

 

 

 

Close with Payment

Settlements and plaintiff verdicts