Unlike most other workers who retire, physicians need to be concerned about the possibility of a malpractice suit long after they see their last patient. Why? A patient could discover years later that a doctor missed a diagnosis, for example. To ensure malpractice coverage is in place, consider taking these three steps in the months well before discontinuing practice.
Amid evolving business models, new technologies, and a changing patient population, physicians must focus on practice elements that ensure positive outcomes and reduce the likelihood of lawsuits.
From 1999 to 2013, the number of opioid painkillers prescribed and sold in the U.S. nearly quadrupled. As a result of those prescriptions, 16,000 people died in one year — 2013 — the researchers reported. Given these sad facts, physicians are wondering how they can protect themselves from malpractice suits when patients are so desperate for pain relief.
A data breach makes all consumers, including patients and health plan members, extremely vulnerable. The question, then, is: What steps should we take now to prepare?
While market indicators a few years ago were interpreted by many in the industry as signaling the demise of private practice, more recent data suggests the move away from private practice has not only leveled off, but may move back toward more independence.
In healthcare, we deal with highly sensitive and very private electronic information, so of course our ears perk up every time we see headlines about the latest cyber threat or breach. The natural question is whether this could happen to us. This is constructive if it leads to cyber risk-prevention. But all too often, folks are responding with, “it could not happen to me,” or “my insurance policy covers this so I’m prepared.” These folks are ignoring the growing cyber threat around all of us. They are whistling past the “cyber” graveyard.
The threat of data breaches and cyber threats is not news to any of us. However, Anthem’s recent 80 million-record data breach was an attention-getter — or it should have been for all of us in the healthcare industry.
SALT LAKE CITY, UT (February 05, 2015) – The MGIS Companies, Inc. (MGIS), a leading provider of insurance products and services designed specifically for physicians, has partnered with Astute Doctor Education Inc. to add a new Cross-Cultural Communication course to the PREVENT risk management education program of CME courses for insured physicians. Founded on evidence-based, peer-reviewed research, the new course can help doctors improve cross-cultural communication skills and avoid related medical malpractice risk when treating patients of culturally diverse backgrounds.
Madison, Wis. (January 6, 2015) – TASC (Total Administrative Services Corporation), the country’s largest privately-held, third-party employee benefits administrator, is pleased to announce the acquisition of the Consumer-Directed Healthcare (CDH) service offering of the MGIS Companies (MGIS) based in Salt Lake City, Utah. The MGIS CDH service offering includes Flexible Spending Account (FSA), Health Reimbursement […]
There are critical issues for physicians in private practices to consider when working with NPs and PAs, such as does the practice have solid protection from liability claims against these nonphyscian providers?