Seamless Acquisition Was No Small Feat for This Risk Manager : Risk & Insurance

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2018 Risk All Star Alumine Bellone’s due diligence aided Ardent Health Services in a successful year of growth and acquisition, going from 14 hospitals in three states to 31 in seven.

Since March 2017, Ardent Health Services went from a network of 14 hospitals in three states to 31 in seven. It needed a more cohesive risk management program. Enter Alumine Bellone, VP of risk management.

Alumine Bellone, VP of risk management, Ardent Health Services

“My scope of responsibility broadened tremendously,” she said. “Ardent more than doubled its size, and due diligence became a big aspect of my job. We acquired, sometimes, new risks with new service lines, like owned aviation. As we expanded our geographical footprint, we dealt with new requirements in each state.”

Standardization was a top priority, with focus on loss prevention and claims management. Due diligence played a major role, too; Bellone visited the facilities before acquisition and again right after, speaking with each risk management department.

“It’s all about people,” Bellone explained. “You need people’s buy-in to have a successful risk management program. I believe in managing by being present. You manage when you understand the processes, meet face-to-face and understand what’s going…

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