As we celebrate our 20th year, Pendulum is pleased to announce that our risk management services division has been acquired by the Baldwin Risk Partners (BRP) family of companies and is now a part of BRP’s Specialty Wholesale platform, Connected Risk Solutions. Pendulum will continue to offer our premier risk management services and products as we become Pendulum 2.0!
In 2020, Pendulum is celebrating 20 years of helping our clients reduce professional liability exposure by balancing risk and defensibility.
Through the years, we have worked to excel at our specialty areas—risk control, claims management, and technology solutions.
Pendulum’s risk control services—on-location assessments, training, desk-based work—are provided by skilled consultants for a wide ranging spectrum of healthcare operations, including aging services, hospitals, specialty facilities, home health/hospice, and allied/miscellaneous health. We have also just introduced a comprehensive desk-based risk management assessment to work with operations remotely during these unprecedented times.
Pendulum’s boutique claims management service helps with professional and general liability claims in the aging services industry. Focused solely on aging services, these services allow organizations to streamline costs by eliminating the operating expense associated with the self-administration of claims. A claims processing platform is also available for claims representatives to manage their workload. The claims center also offers provider clients an event management system to track and trend incidents.
Pendulum’s web-based enterprise risk management tool offers an easy way to optimize risk management strategies throughout the organization. We are also drilling data—our current CMS data-driven reports include a state survey variance report and a payroll-based journal report with more to come! Pendulum’s risk management resource center for senior housing has worksheets, audit tools, reports, articles, and numerous other resource documents covering many aspects of risk management in the health care setting. We can also create custom client-centric resource centers.
Recommendations from the Coronavirus Commission on Safety and Quality in Nursing Homes were released on Wednesday and, as expected, they contain a laundry list of steps that both providers and regulators can take for future pandemic conditions or public health emergencies