2002
2002
- 29 Pennsylvania community hospitals form CHART
Serving and Protecting Community Hospitals.
CHART is a comprehensive risk services provider.
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CHART combines an AHRQ-certified Patient Safety Organization with a 100% member-owned medical malpractice insurance company.
Our community hospital members, found throughout Connecticut, New York, Pennsylvania, and West Virginia, are hand-selected based upon their location, size, and individual commitments to patient safety. Once selected to join our community, our members gain access to extensive Patient Safety and Education services to improve outcomes, enhance defensibility and better engage with patients. Since 2002 we have saved our members a documented $240,000,000 in premium cost and our business plan has earned us the prestigious A (Excellent) rating for financial strength from A.M. Best.
22 Years of Milestones
2007
2007
- CHART becomes a self-managed entity
- First West Virginia Hospital
2008
2008
- First cash dividend paid
2009
2009
- CHART Institute founded
- CHART Institute becomes an AHRQ-certified Patient Safety Organization (PSO)
2010
2010
- First New York hospital
- Simulation Training Program implemented
2012
2012
- Perinatal Safety Program begins
2013
2013
- Emergency Department Safety Program begins
- CHART adds Information Security Breach Response Coverage
2014
2014
- Surplus exceeds $100 million
2015
2015
- A.M. Best awards CHART A- (Excellent) rating
2017
2017
- 15th Anniversary
2018
2018
- $61 million in dividends paid to date
2019
2019
- First Connecticut hospital
- Launched Perinatal Safety Collaborative
- $72 million in dividends paid to date
2020
2020
- AM Best reaffirms CHART’s A- (Excellent) rating and revises outlook to positive
- $83 million in dividends paid to date
2021
2021
- AM Best upgrades CHART’s rating to A (Excellent)
- $93 million in dividends paid to date
2022
2022
- 20th Anniversary
- $102 million in dividends paid to date
- AM Best reaffirms CHART’s A (Excellent) rating
2023
2023
- $110 million in dividends paid to date
- AM Best reaffirms CHART’s A (Excellent) rating
2024
2024
- 15th Anniversary CHART Institute
- $120 million in dividends paid to date
Rated A (Excellent) for Financial Strength by A.M. Best.
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– A.M. Best Global Insurance Credit Ratings & Information Services
What is a Risk Retention Group?
All of CHART’s hospital members are owners of the company and all share in profits.
CHART’s Board of Directors is comprised of community hospital executives and physicians who govern the organization in the best interest of our members.
CHART is one of the largest medical malpractice risk retention groups in the U.S. We are protected by reinsurance and members cannot be assessed for losses.
Members gain equity in CHART and collect cash dividends annually. Meanwhile, CHART invests far more in patient safety than other insurers of all types.
120
Million in cash dividends has been paid to member hospitals.
Who We Are
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CHART was built to protect the important work done by our members and to support the caregivers who keep their communities healthy every day. Meet the teams that make CHART the organization we are.
Our Members:
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A Breakdown of Our Diverse Member Groups by State
New York
Pennsylvania
Connecticut
West Virginia
"Even though CHART has become a large organization, they've kept that individual hospital focus."
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- John Lewis, Chairman
Connect With CHART Today
If your organization’s goals and vision align with CHART’s, we’d like to hear from you. Connect with us using the form below to learn more about membership.