Sarah E. Scher, JD, RN is the chief executive officer of the Cooperative of American Physicians, Inc. (CAP) and the Mutual Protection Trust (MPT). In this role, she draws on her extensive leadership background in healthcare, law, patient safety, risk management, captive insurance, and medical professional liability to direct CAP’s core businesses – MPT and the Cooperative of American Physicians Insurance Company (CAPIC), which provide access to superior medical professional liability protection, patient safety education, and risk management services.
Prior to joining CAP, Ms. Scher was corporate vice president of risk management and insurance, president of the Advocate Physician Partners Risk Purchasing Group, and chair of Advocate Insurance SPC for Chicago-based Advocate Health Care, Illinois’ largest health system.
During her tenure at Advocate Health Care, Ms. Scher was responsible for developing, implementing, and directing the system-wide insurance, risk financing, risk management, and claims management programs to ensure a consistent and optimal approach to minimizing liability and risk exposure. Under her leadership and through her vigilant governance of litigation, utilization of risk financing alternatives, and fostering of strategic insurance partner relationships, the organization built a multi-million dollar reserve and significantly reduced expenses.
Early in her career, Ms. Scher worked as a trauma nurse at a level I emergency department and as a prosecutor in the criminal division of the McHenry County State’s Attorney’s Office.
She was also an adjunct associate professor at Valparaiso University in Indiana, an expert speaker on clinical-legal issues to physicians and nurses, and lobbyist on behalf of the insurance and healthcare industries before the U.S. Congress.
A Nursing graduate of Purdue University, Ms. Scher earned her Juris Doctor degree (Summa Cum Laude) from DePaul University College of Law with a Certificate in Health Law. Ms. Scher currently serves on the board of the California Hospital Medical Center Foundation, the U.S. Bank Advisory Board, the Los Angeles County Bar Association Healthcare Law Executive Committee, and the National Insurance Industry Council.