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MDAdvantage Chairman Patricia Costante Receives National Award

By irene Maslowski
Patricia A. Costante, Chairman of MDAdvantage Insurance Company of New Jersey, has been awarded Modern Healthcare’s 2011 Trustee of the Year in the for-profit healthcare company category. The award, which recognizes trustees who have made achievements in community relations, leadership, ethics, strategy and finance, was announced in this week’s issue of Modern Healthcare.
“Patricia is certainly deserving of this national recognition for her contributions to healthcare governance,” stated MDAdvantage Vice Chairman Paul J. Hirsch, MD. “Her leadership skills, expertise and unwavering commitment to physicians and the entire healthcare community have enabled her to be the guiding force in the creation and continued success of MDAdvantage. The Board of Directors and I are delighted to see her acknowledged in this way.”
In 2002, at a time when the medical professional liability insurance market was considered in crisis in New Jersey and across the nation, Ms. Costante developed a vision to form a new company in order to ensure availability of insurance for physicians. Since that time, MDAdvantage has become one of the leading providers of medical professional liability insurance in New Jersey, protecting and defending its physician policyholders as well as serving physicians as an advocate, educator and partner in the delivery of healthcare.
Under Ms. Costante’s leadership, MDAdvantage partners with not only its insured physicians, but with all physicians and the entire healthcare community in New Jersey over the long-term, by providing support, information and resources to help improve the quality of care. MDAdvantage supports its healthcare community as publisher of MDAdvisor: A Journal for the New Jersey Healthcare Community, a peer-reviewed, MEDLINE® indexed journal, and through its annual sponsorship of the Edward J. Ill Excellence in Medicine Awards, a program that raises funds to support medical education.
Ms. Costante is a healthcare industry veteran and a long-time advocate for the rights of physicians and consumers. Ms. Costante has achieved the status of Fellow of the American College of Healthcare Executives (FACHE), the highest achievement in that field. She is an author and sought-after speaker on issues ranging from professional liability to clinical practice. Ms. Costante has been frequently honored for her work, including in 2008 as a finalist for the Executive of the Year Award by NJBiz and in 2007 as one of Business Insurance’s Women to Watch. She is a former Chairman of both the New Jersey Public Broadcasting Authority Board of Commissioners and the Board of Catholic Charities, Diocese of Trenton.
About MDAdvantage
MDAdvantage Insurance Company of New Jersey, a leading provider of medical professional liability insurance in New Jersey, is committed to supporting physician initiatives that increase patient safety and minimize the risks of liability, educating the New Jersey healthcare community and investing in the future of our state’s healthcare system. Each year, MDAdvantage recognizes exceptional physicians and healthcare leaders through its sponsorship of the Edward J. Ill Excellence in Medicine Awards. For more information, call 609-803-2350 or visit www.EJIawards.org.
For more information, call 888-355-5551 or visit www.MDAdvantageonline.com. To learn more about MDAdvisor, including subscription and advertisement opportunities, go to www.MDAdvantageonline.com/MDAdvisor.