Meidl elevated at Ascension

Holly Meidl has been promoted to senior vice president and chief risk officer at “faith-based healthcare organisation Ascension, the largest not-for-profit health system in the US.

A former Sedgwick SVP and managing director for Marsh’s US healthcare practice, Meidl has been with Accession for over three years. Prior to the promotion, she was its vice president for risk services, responsible for its risk financing and clinical risk management functions.

Immediately before that, she was a senior vice president for Bermuda re/insurance group Allied World, responsible for its North American healthcare business.

Ascension uses self-insurance trusts and captives to achieve a risk-financing model that it says is more cost-effective than commercial insurance. It achieves cost savings in professional general liability (PGL) and workers’ compensation programs by collaborating with Ascension Care Excellence and risk management, occupational health and safety colleagues to promote patient and associate safety.

In addition to healthcare delivery, its subsidiaries provide a variety of services and solutions, including clinical and network services, venture capital investing, investment management, biomedical engineering, facilities management, risk management, and contracting through Ascension’s own group purchasing organisation.