A new captive insurance service has launched that will focus exclusively on the healthcare industry.
Surgical Captive will form and manage captives on behalf of ambulatory surgery centres, surgical hospitals and other healthcare organisations.
Jeff Blankinship, Randy Bishop and Larry Anders jointly founded Surgical Captive.
Blankinship is also president and CEO of healthcare IT solutions firm Surgical Notes and founder of the Surgery Center Network, while Bishop is COO of Surgical Notes and a partner at VisionCap Investments.
Anders, meanwhile is chairman and majority owner of Summit Alliance Companies, an independent financial services firm.
“Surgical Captive was formed as an answer to pressing insurance questions within the ambulatory surgery centre and broader healthcare industry,” said Blankinship.
“Captive insurance companies are an exciting and innovative way to minimise risk while accumulating wealth, and yet they are underutilised by healthcare organisations as the benefits are not easily understood or explained. With the proper guidance from Surgical Captive, the economic advantages of a captive programme will become readily apparent.”