KaMMCO Forms New Business Units - December 2014
While KaMMCO members continue to evolve in order to face the many challenges and opportunities presented by today’s complex health care delivery system and finance models, KaMMCO must also evolve. As part of this far-reaching vision, the KaMMCO Board of Directors has empowered staff to proceed with the formation of two new subsidiary companies. The new business units, KaMMCO Health Solutions, Inc. and KaMMCO Casualty Company, Inc., will be able to expand KaMMCO’s current business profile by offering new lines of insurance beyond the medical professional liability insurance it has traditionally offered. KaMMCO Health Solutions, Inc. will also provide expertise to parties interested in health information exchange development and data analytics.
KaMMCO recognizes that health care professionals and organizations require optimal flexibility in the design and delivery of quality health care-related risk products and services. With the solutions KaMMCO has developed in recent years, along with valuable strategic partnerships, it is now even better positioned to meet these needs both for current and prospective members.
Formation of these new business units is one way KaMMCO can reinvest in the future of health care delivery. Once the new companies have received all necessary approvals and have commenced operations, it is the stated intention of the KaMMCO Board of Directors to allow for investment in these business units by KaMMCO members. KaMMCO is excited about this unique opportunity to add value to your membership.