Latest Med-Mal Insurance News & Research
Cash Only Medical Practice
A few doctors around the country are taking a less traditional route and moving to a cash only based practice. They say that this helps cut out the middle man and allows more time with the patient. An interesting concept for sure, but can it survive in an ACA world? Another question to ask is […]
MagMutual Invests in People, Technology
Note: The article below first appeared in the June 2013 issue of the Medical Liability Monitor, a monthly newsletter reporting on the medical professional liability insurance and risk management industries. For subscription info, please visit www.medicalliabilitymonitor.com. Note #2: This is the second part in a two-part article. The first part was published here yesterday. Being […]
Claims-made Policies and Step Rates: Year 1 to Year 5 (or Maturity)
Every day at MyMedicalMalpracticeInsurance.com we are asked to explain the different features of the types of med mal policies available. Today, we’d like to discuss one aspect of the claims-made policy. It is the claims-made step rate premium increases from year 1 to year 5 (or maturity). If you are unprepared for these rate increases, […]
MagMutual’s MPL Future Driven by Four Precepts
Note: The article below first appeared in the June 2013 issue of the Medical Liability Monitor, a monthly newsletter reporting on the medical professional liability insurance and risk management industries. For subscription info, please visit www.medicalliabilitymonitor.com. In a rapidly evolving marketplace, it’s critical for a company to know what it stands for and what drives […]
Why Medical Residents Need Good Medical Malpractice Insurance Coverage
A story is emerging from Ohio that should be a learning experience for all Residents seeking medical malpractice insurance coverage. We hear from Residents all the time looking to secure med-mal coverage, and we make sure that they have the appropriate coverage in place to protect them from costly malpractice suits. Two women are claiming […]
How to Handle No-shows
While it’s easy to shrug-off patients that don’t show for their appointments and to revel in the few extra minutes you may have to get other work done or to get your schedule back on track, it’s really not a good idea. No-show patients result in lost revenue, lost productivity and could open a practice […]
Study Reveals Errors in Diagnosis Account for Biggest Payouts in Medical Malpractice Suits
This is a guest post by Jennifer Buchanan. If you are keen to avoid a malpractice suit and are interested to know which area of practice you are most at risk from, the findings of a study published in the April edition of the journal BMJ Quality and Safety, might well be of interest. The […]
PIAA Medical Liability Conference Notes post-Lunch Break
After the lunch break for the first day of the PIAA Medical Liability Conference, I had the opportunity to attend two more educational sessions. Following are some of the notes I compiled: • Quality Measures and Data Collection: What is the Real Impact on Patient Safety * The quality benchmarks required by the Centers for […]
PIAA Medical Liability Conference Notes at Lunch Break
The PIAA Medical Liability Conference is breaking for lunch, so I’m taking the opportunity to share my notes on the first-half of the first official day of seminars. Following is a synopsis of those I attended. Welcome and Opening Remarks • PIAA president and chief executive Brian Atchinson introduced members to the organization’s new branding […]
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