Joe Jancsurak
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Covid Pandemic Was Right Medicine for Cannabis Market, Report Shows
The global medical and recreational cannabis market, estimated at $19.89 billion in 2021, according to Quince Market Insights and projected to grow at a compound annual growth rate of 27 percent from 2021 to 2030, was helped greatly by the pandemic, with a Veriheal survey showing a positive correlation between the uptick in demand for […] More
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ProAssurance CEO Sees NORCAL Acquisition As Win-Win
Since becoming chief executive officer of ProAssurance in July 2019, Ned Rand and his executive team have managed to reduce operating costs by nearly $20 million while continuing the company’s efforts to scale up. The Birmingham, Ala.-based company has made five strategic acquisitions since 2009, with the latest being the NORCAL transaction for $441 million, […] More
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ProAssurance Stresses Discipline in its Hospital Professional Liability (HPL) Approach as Market Hardens
The current upward trajectory of medical professional liability rates, the likes of which hasn’t been seen since the mid-2000s is expected to continue through this year and into 2022, according to an American Medical Association Policy Research Perspective report. This rise in rates, after a mostly stable decade, should come as no surprise to hospitals […] More
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Arrowlytics Acquisition is Part of Curi’s ‘intentional evolution’
According to incoming Curi CEO Jason Sandner, the company’s success is being driven by a three-legged stool strategy. The first being professional liability insurance — Curi’s core business with which it covers much of the east coast and the mid-Atlantic regions and is licensed to serve practices in 47 states and D.C. The second strategy […] More
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Coverys Prepares for Post-Pandemic Telehealth Surge
By 2026, the global telehealth/ telemedicine market will have quadrupled from its prepandemic value, going from $45.5 million in 2019 to $175.5 million just seven years later, according to a Statista report. While COVID-19 played a key role in the rapid adoption of the remote delivery of quality healthcare through electronic or technological means (telemedicine) […] More
