Latest Med-Mal Insurance News & Research
Cutting liability costs
http://www.telegram.com Bill targets high insurance premiums for physicians With financial projections for Massachusetts’ fledgling health insurance rising sharply — and communities and businesses across the state groaning under the burden of ever-growing premiums — efforts on Beacon Hill to keep a lid on health care costs have taken on a new urgency. Timely action on […]
Doctors Co. Cleared to Buy SCPIE
Doctors Co. Awarded Antitrust Clearance to Buy Insurer SCPIE Holdings for $281 Million Doctors Co., a physician-owned provider of medical-malpractice insurance, has received antitrust clearance to acquire SCPIE Holdings Inc. for about $281 million. The Federal Trade Commission said Thursday that it granted early termination on Wednesday of the waiting period required under the Hart-Scott-Rodino […]
Radiologists Lament Liability Risk, Low Reimbursement as Key Frustrations
LocumTenens.com Physician Survey Shows Radiologists Relish Intellectual Stimulation of Specialty http://www.marketwire.com Medical liability risk, declining reimbursement for services and lifestyle issues are among the issues on the minds of radiologists, many of whom have gathered in Chicago this week for the annual conference of the Radiological Society of North America. At least that is the […]
UnitedHealth forces pay-for-performance measures in new contract
By Bruce Japsen | Tribune staff reporter Chicago Tribune An end to a rift that began almost four years ago between Advocate Health Care and managed-care giant UnitedHealth Group over payment rates will result in new pay-for-performance measures for Advocate doctors under a new contract announced last week by the insurer and the Chicago area’s […]
Mich. Medical Society Says Rate Drop Shows Tort Reform Law Working
http://www.insurancejournal.com A clear indication that Michigan’s 1993 tort reforms are working is that the state’s largest physician medical malpractice insurer is cutting its premiums by 12 to 25 percent for Wayne County physicians, the Michigan State Medical Society (MSMS) announced yesterday at a news conference in Detroit. The average decrease for all physicians in Wayne […]
Justice Praises Ohio County Medical Society
http://www.theintelligencer.net The Ohio County Medical Society played an integral role in quelling the state’s medical malpractice crisis, said West Virginia Supreme Court Justice Elliott Maynard. Maynard’s comments highlighted the society’s installation of officers dinner held Tuesday at Sandscrest Conference and Retreat Center in Wheeling. He commended society members for their work to have the state […]
A.M. Best Assigns Ratings to American Physicians Insurance Company and American Physicians Service Group, Inc.
http://www.businesswire.com A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and an issuer credit rating (ICR) of “a-â€? to American Physicians Insurance Company (API). A.M. Best also has assigned an ICR of “bbb-â€? to API’s parent holding company, American Physicians Service Group, Inc. (APS) (both of Austin, TX) (NASDAQ: AMPH). The […]
Studies predict shortage of physicians nationwide
With doctors retiring, local hospitals take steps to prevent gaps in care By Cheryl Powell Beacon Journal medical writer Notice a few more gray hairs these days when you visit your doctor? Not on you — on the doctor. Be warned: Those silvery strands could be a sign of a physician shortage on the horizon. […]
Mayo growing neuro practice
Jacksonville Business Journal – by Dave Strupp Staff Writer The Mayo Clinic is investing $30 million over five years to expand its neurosciences department with more space, staff and equipment. The department will add up to 13,000 square feet of clinical space in its location on San Pablo Road, and will also occupy space in […]
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