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The following case study shows the use of the Decision Analysis Reserve and Trial Strategy (DARTS) tool, a structured reserve-setting process The Risk Authority Stanford created from the hospital risk management department serving the Stanford University School of Medicine, Stanford Health Care, and Stanford Children’s Health in California.
It is provided by John Littig, ARM, chief finance and underwriting officer with The Risk Authority Stanford, and vice president of risk finance for Stanford Health Care and Stanford Children’s Health.
In 2012, a hospital was sued with a community physician as co-defendant. The plaintiff suffered a very serious stroke immediately after a procedure that was meant to determine the cause of a persistent headache. Early investigations confirmed that the procedure was ordered by the community physician and performed at the client hospital....