{"id":49426,"date":"2022-10-10T15:02:46","date_gmt":"2022-10-10T13:02:46","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/"},"modified":"2022-10-10T15:02:46","modified_gmt":"2022-10-10T13:02:46","slug":"a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/","title":{"rendered":"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook"},"content":{"rendered":"<div>\n<p class=\"bwalignc\">\n<i>Rating agency notes market leadership in hospital professional liability and strong financials<\/i>\n<\/p>\n<p>ALAMO, Calif.&#8211;(BUSINESS WIRE)&#8211;BETA Healthcare Group (BETA), the largest professional liability insurer of hospitals on the West Coast and provider of a host of liability and workers\u2019 compensation coverages for healthcare organizations, has maintained its \u201cA\u201d (Excellent) rating with a \u201cStable\u201d outlook from A.M. Best. The rating reflects BETA\u2019s balance sheet strength and strong operating performance.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/5\/BETA.id_linkedin.pos.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/21\/BETA.id_linkedin.pos.jpg\"><\/a><\/p>\n<p>\nA.M. Best cited several key strengths of BETA:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nLong-term history of organic surplus growth despite sizable policyholder dividends paid annually, which are used to manage capital and return profits to stakeholders.\n<\/li>\n<li>\nStrong operating performance with return metrics and operating ratios that outperform the medical professional liability (MPL) composite and the industry over the prior five-year period.\n<\/li>\n<li>\nA unique joint powers authority structure that allows for broader coverage and flexible rates.\n<\/li>\n<\/ul>\n<p>\nThe rating also recognizes BETA\u2019s formal enterprise risk management program overseen by senior management with participation from the BETA Council, and the ongoing strengthening and expansion of its patient safety, employee safety, continuing education and risk management programs.\n<\/p>\n<p>\n\u201c<!-- no quote -->BETA has consistently delivered on its mission and brand promise to provide superior insurance solutions and leading-edge services to our members, which is reflected in A.M. Best\u2019s continued affirmation of our rating,\u201d said Corey Grove, CEO of BETA Healthcare Group. \u201c<!-- no quote -->The BETA team will be there for its members with flexible coverages, strong claims handling capabilities and unparalleled risk management services while maintaining operational excellence.\u201d\n<\/p>\n<p>\n<b>BETA Healthcare Group<\/b>\n<\/p>\n<p>\nBETA Healthcare Group (BETA) is the largest professional liability insurer of hospitals on the West Coast and provides liability and workers\u2019 compensation coverages to protect hospitals, health centers, clinics, hospices, medical groups, aging services, and physicians and other healthcare workers. For more information, please visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbetahg.com%2F&amp;esheet=52940017&amp;newsitemid=20221010005092&amp;lan=en-US&amp;anchor=www.betahg.com&amp;index=1&amp;md5=6b8480fb429b4ed936b25dd34b1971db\" rel=\"nofollow noopener\" shape=\"rect\">www.betahg.com<\/a>.\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\n<b>Karla Di Grazia<\/b><br \/><b>925.310.5340<\/b><br \/><a target=\"_blank\" href=\"&#x6d;&#x61;&#105;lt&#x6f;&#x3a;&#107;&#97;r&#x6c;&#x61;&#46;&#100;i&#x67;&#x72;&#x61;&#122;ia&#x40;&#x62;&#101;&#116;a&#x68;&#x67;&#46;&#99;o&#x6d;\" rel=\"nofollow noopener\" shape=\"rect\">k&#97;&#114;&#108;&#x61;&#x2e;&#x64;ig&#114;&#97;&#x7a;&#x69;&#x61;&#x40;be&#116;&#97;&#x68;&#x67;&#x2e;&#x63;o&#109;<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rating agency notes market leadership in hospital professional liability and strong financials ALAMO, Calif.&#8211;(BUSINESS WIRE)&#8211;BETA Healthcare Group (BETA), the largest professional liability insurer of hospitals on the West Coast and provider of a host of liability and workers\u2019 compensation coverages for healthcare organizations, has maintained its \u201cA\u201d (Excellent) rating with a \u201cStable\u201d outlook from A.M. &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["entry","post","publish","author-business","post-49426","format-standard","category-industry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"Rating agency notes market leadership in hospital professional liability and strong financials ALAMO, Calif.&#8211;(BUSINESS WIRE)&#8211;BETA Healthcare Group (BETA), the largest professional liability insurer of hospitals on the West Coast and provider of a host of liability and workers\u2019 compensation coverages for healthcare organizations, has maintained its \u201cA\u201d (Excellent) rating with a \u201cStable\u201d outlook from A.M. ... [Read more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"Pharma Trend\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-10T13:02:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/21\/BETA.id_linkedin.pos.jpg\" \/>\n<meta name=\"author\" content=\"Business Wire\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Business Wire\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/\"},\"author\":{\"name\":\"Business Wire\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#\\\/schema\\\/person\\\/02d41342c7a74fa7f0032bb35ef0bb24\"},\"headline\":\"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook\",\"datePublished\":\"2022-10-10T13:02:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/\"},\"wordCount\":322,\"publisher\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20221010005092\\\/en\\\/691486\\\/21\\\/BETA.id_linkedin.pos.jpg\",\"articleSection\":[\"Industry\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/\",\"url\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/\",\"name\":\"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook - Pharma Trend\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20221010005092\\\/en\\\/691486\\\/21\\\/BETA.id_linkedin.pos.jpg\",\"datePublished\":\"2022-10-10T13:02:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20221010005092\\\/en\\\/691486\\\/21\\\/BETA.id_linkedin.pos.jpg\",\"contentUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20221010005092\\\/en\\\/691486\\\/21\\\/BETA.id_linkedin.pos.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/\",\"name\":\"Pharma Trend\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#organization\",\"name\":\"Pharma Trend\",\"url\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\",\"contentUrl\":\"\",\"caption\":\"Pharma Trend\"},\"image\":{\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/pharma-trend.com\\\/en\\\/#\\\/schema\\\/person\\\/02d41342c7a74fa7f0032bb35ef0bb24\",\"name\":\"Business Wire\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook - Pharma Trend","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/","og_locale":"en_US","og_type":"article","og_title":"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook - Pharma Trend","og_description":"Rating agency notes market leadership in hospital professional liability and strong financials ALAMO, Calif.&#8211;(BUSINESS WIRE)&#8211;BETA Healthcare Group (BETA), the largest professional liability insurer of hospitals on the West Coast and provider of a host of liability and workers\u2019 compensation coverages for healthcare organizations, has maintained its \u201cA\u201d (Excellent) rating with a \u201cStable\u201d outlook from A.M. ... [Read more...]","og_url":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/","og_site_name":"Pharma Trend","article_published_time":"2022-10-10T13:02:46+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/21\/BETA.id_linkedin.pos.jpg","type":"","width":"","height":""}],"author":"Business Wire","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Business Wire","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/#article","isPartOf":{"@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/"},"author":{"name":"Business Wire","@id":"https:\/\/pharma-trend.com\/en\/#\/schema\/person\/02d41342c7a74fa7f0032bb35ef0bb24"},"headline":"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook","datePublished":"2022-10-10T13:02:46+00:00","mainEntityOfPage":{"@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/"},"wordCount":322,"publisher":{"@id":"https:\/\/pharma-trend.com\/en\/#organization"},"image":{"@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/21\/BETA.id_linkedin.pos.jpg","articleSection":["Industry"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/","url":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/","name":"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook - Pharma Trend","isPartOf":{"@id":"https:\/\/pharma-trend.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/#primaryimage"},"image":{"@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/21\/BETA.id_linkedin.pos.jpg","datePublished":"2022-10-10T13:02:46+00:00","breadcrumb":{"@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/#primaryimage","url":"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/21\/BETA.id_linkedin.pos.jpg","contentUrl":"https:\/\/mms.businesswire.com\/media\/20221010005092\/en\/691486\/21\/BETA.id_linkedin.pos.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/pharma-trend.com\/en\/a-m-best-affirms-beta-healthcare-groups-a-excellent-rating-and-stable-outlook\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/pharma-trend.com\/en\/"},{"@type":"ListItem","position":2,"name":"A.M. Best Affirms BETA Healthcare Group\u2019s \u201cA\u201d (Excellent) Rating and Stable Outlook"}]},{"@type":"WebSite","@id":"https:\/\/pharma-trend.com\/en\/#website","url":"https:\/\/pharma-trend.com\/en\/","name":"Pharma Trend","description":"","publisher":{"@id":"https:\/\/pharma-trend.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pharma-trend.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/pharma-trend.com\/en\/#organization","name":"Pharma Trend","url":"https:\/\/pharma-trend.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pharma-trend.com\/en\/#\/schema\/logo\/image\/","url":"","contentUrl":"","caption":"Pharma Trend"},"image":{"@id":"https:\/\/pharma-trend.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/pharma-trend.com\/en\/#\/schema\/person\/02d41342c7a74fa7f0032bb35ef0bb24","name":"Business Wire"}]}},"_links":{"self":[{"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/posts\/49426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/comments?post=49426"}],"version-history":[{"count":0,"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/posts\/49426\/revisions"}],"wp:attachment":[{"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/media?parent=49426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/categories?post=49426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pharma-trend.com\/en\/wp-json\/wp\/v2\/tags?post=49426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}