We'd like to share a few Curi updates about products and services designed to simplify things for you and your clients.
Curi's Renewal Invoice Change
Effective October 1, 2024, renewal invoices will no longer be generated when a renewal policy is processed. Instead, invoices will be made available 15 days before the due date, aligning with the timing for the remaining installment invoices. This adjustment will have a positive impact on our clients by ensuring any premium-bearing endorsements processed after the policy is issued and before the renewal invoice is generated are included on the down payment installment. This will result in more accurate billing. Additionally, it will provide adequate time for our broker partners to conduct renewal stewardship meetings before invoicing is available to the client through KUBRA or Curi’s Policyholder Services portal.See our FAQ for details.
AutoPay Indicator in PHS
We have transitioned our EFT process to our enhanced autopay program. June 2024 was the last month Curi used the EFT program.Although you do not currently have direct access to the Curi Payment Portal, you can see if your clients have already transitioned to AutoPay in PHS. Once in PHS, navigate to the account billing tab. If they have transitioned to AutoPay, you will see the AutoPay notification.
If your client has not set up AutoPay and would like to do so, they can set up an account on the Curi Payment Portal. Please share these simple instructions.
Legacy Fund Program Statements
The Legacy Fund is a financial rewards program for eligible physician members designed to recognize their commitment to quality medicine and their loyalty to Curi.
Individual and corporate Legacy Fund account statements were mailed out the second week of July to eligible clients. Legacy Fund statements are processed semi-annually. The June 30th statements are mailed in July and the December 31st statements are mailed in January.
If you or your clients have any questions related to the statements or The Legacy Fund program, please contact our program managers at TLF@curi.com.
Resource for Clients with Staffing Shortages
When it comes to medical practice staffing, many of our shared clients are in a state of crisis. And the traditional platitudes of “hire more people” or “optimize efficiency” just aren’t cutting it. Our new eBook, “Surviving the Medical Practice Staffing Shortage: Strategies for Success,” covers:
The current practice landscape and how we got here
Creative ways for practices to “reorganize” to alleviate staffing concerns
Practical ideas and considerations for practices to get the most out of their recruitment strategy
Thoughtful strategies to help practices make their businesses the place employees (and candidates) want to be
While analyzing rates within any region, we strive to remain as fair as possible while maintaining run-of-business requirements. As such, and effective December 1, 2024, we must institute rate revisions to the Physicians & Surgeons Claims Made, Claims Made Plus, and Occurrence programs in the state of Pennsylvania. The proposed revisions will result in an overall premium increase of 7.0%. This will be accomplished through a base rate change of 7.0%. There are no rate changes at this time to our corporate rate. Curi remains committed to supporting physicians and remaining rate competitive in the Pennsylvania market.
Meet More of the Curi Team
Donna Nicholson MBA, BSN, RN, CPCO, Curi Advisory’s Managing Director of Risk Solutions. In this role, Donna leads a team dedicated to helping healthcare organizations and physicians limit their clinical, regulatory, and financial risk. Prior to joining Curi in 2017, she held executive leadership roles with large independent physician practices and management services organizations. A Registered Nurse and Certified Professional Compliance Officer, Donna earned a BS in Nursing from the University of North Carolina at Charlotte and an MBA from Pfeifer University. Check out Donna’s blog posts.
Michael Turturici, Curi Senior Risk Consultant, has been where your clients are. Before Curi, Michael worked as a Director of Risk Management for a large healthcare organization. In his role at Curi, Michael partners with his team to deliver risk mitigation tools, education, and communication assistance to customers. On a typical day, Michael provides risk consultation and guidance to hospital systems as they seek to improve their practices and provide quality care to patients.
Some Light Reading on a Hot Topic for Clients
Do you have clients that are considering the use of software to record patient visits? Jason Newton, Curi’s General Counsel, covers the pros, risks, and risk management strategies for digitally recording and sharing audio of clinical exam visits and his recommended precautions in his recent blog.
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