Arbitration Is A Risk Management Tool

Arbitration

Is arbitration an important risk management tool?

Arbitration is an effective risk-management mechanism providing confidentiality, greater procedural control, and increased predictability in resolving disputes.

Arbitration helps protect reputations, allows parties to customize the process, and results in faster, more cost-efficient outcomes than traditional litigation.

Implementing doctor-patient arbitration agreements is a proactive approach to future conflicts, shifting risk away from public courts and into a private, expert-driven forum that reduces financial exposure and operational disruption.

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