Cooperative of American Physicians collaboration.
Gary Pepp, Senior Vice President, represented Bailes & Associates, Inc in the Exclusive Referral Agreement to provide all Real Estate Services required to the Cooperative of American Physicians, Inc. (CAP) and their 12,000 physicians in the State of California.
CAP was established in 1975 by a group of physicians concerned about the spiraling cost of California medical malpractice coverage and who were galvanized to do something about it. The result was a unique medical malpractice liability cooperative whose core product provides medical professional liability protection to more than 12,000 of California’s finest physicians. In 2013, CAP organized CAP Assurance, a Risk Purchasing Group, to bring liability insurance coverage to member hospitals, health care facilities and large medical groups.
CAP’s headquarters are in Los Angeles with satellite offices in San Diego, Orange County, Sacramento and Palo Alto.