MRM, The Medical Risk Management Company, a subsidiary of the Madanes Group, was established to help insured parties to develop risk management systems and programs, in order to minimize the risk of injury to patients, leading to medical malpractice suits.
In the early 1990s, exactly like in the United States in the mid-1970s, there was a crisis in Israel in the field of claims of medical malpractice and attitudes to the medical system as a whole. In the USA, this crisis led to the development of risk management programs in medical institutions, with the encouragement of insurance companies and medical inspection authorities. The crisis in Israel led Madanes to include in its policies for medical institutions a requirement that they establish risk management systems.
The philosophy underlying the activities of the Medical Risk Management Company is that reducing the risk of causing injury to patients during medical treatment is to the benefit of everyone concerned - patients, insured and insurers. The company operates in close collaboration with the insured’s own risk management teams, to achieve their common goals.
Madanes has launched recently it's Medical Risk Managmant services in Poland.