THE ADDIS GROUP ANNOUNCES FORMATION OF A HEALTHCARE PRACTICE GROUP
Agency Applies Unique and Innovative Enterprise Risk Management Process in Healthcare Settings

(King of Prussia, April, 2009) – The Addis Group announced today the formation of a Healthcare Practice Group as part of its initiatives to expand its presence in the healthcare industry. John E. Garber, Jr., Practice Leader stated that "Our unique enterprise risk management approach for the healthcare industry places emphasis on quality and performance within a risk management framework." The agency will focus on five (5) domains that serve the basis for the Healthcare Practice Group's Risk Management Service Strategy. They are:

1. Human Capital Management
2. Operational Performance
3. Clinical Risk Management Programs
4. Risk Management and Safety
5. Insurance Program Design and Competitiveness

"This is a growing industry that faces unique and challenging risk management issues. We believe we are uniquely qualified to serve the industry through innovative risk management solutions as part of the overall healthcare delivery process", noted Garber.

The Addis Group will be focusing initially on long term care facilities, continuing care retirement communities, assisted living as well as home health care businesses. The agency currently has a nursing home book of business, which has been growing over the last several years. The formation of the Healthcare Practice Group is in response to the agency's strategic approach to expanding its involvement in the industry.

If you would like more information about this topic, or to schedule an appointment with John Garber, call 610.755.4978 or email John at jgarber@theaddisgroup.com.