Professional Liability vs. General Liability: An Insurance Overview for Health Care Professionals
Liability insurance is a cornerstone of risk management in health care, and many clinicians are already familiar with terms like professional liability and general liability. However, a quick recap of their distinctions can be valuable when assessing your practice’s insurance needs. This guide will outline the key features of each […]
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Recent Trends in Medical Professional Liability Insurance
By Thomas Bryant, ARM, President, Physicians Insurance It’s been a difficult few years, financially, for physicians. Health systems and hospitals are facing fiscal challenges that are creating upheaval for physicians, health care workers and patients. Meanwhile, many practices are still trying to recover from the pandemic. This uncertainty may have […]
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Individual vs. Employer-Provided Malpractice Insurance: Pros, Cons, and Coverage Gaps
Navigating medical professional liability (MPL), commonly known as malpractice insurance, is critical to safeguarding your professional career as a healthcare provider. Whether you’re a physician, nurse practitioner, or other medical professional, making sure you have the right coverage—and choosing an insurer with a strong reputation and financial stability—can be the […]
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The Informed Practice — Moonlighting
—Are You Covered for “Moonlighting”? — Kathleen Finnerty-Schroth, CIC You never want to learn after the claim is made that you don’t have the proper insurance coverage, whether it involves your Auto, your Home, or your Health insurance. So too, it would come as unpleasant news that your professional liability […]
Read More The Informed Practice — AI and Malpractice Risk
What Does AI Mean for Malpractice Risk? There’s been a lot of attention lately given to artificial intelligence. The fourth iteration of ChatGPT was launched in mid-March, featuring deep-learning artificial intelligence that generates human-like responses. A few weeks later, a coalition of technology leaders, including Twitter and Tesla CEO Elon […]
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The Informed Practice — Litigation Stress
Managing the Stress of a Malpractice Lawsuit Malpractice suits are an unfortunate reality for physicians in today’s health care landscape. According to the American Medical Association, 1 in 3 physicians will have a medical liability claim filed against them in their lifetime. More than half of respondents to a Medscape […]
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THE INFORMED PRACTICE – ADDRESSING HEALTH MISINFORMATION
Addressing Health Misinformation By Thomas J. Bryant, ARM President, Physicians Insurance January 23, 2023 In my recent blog, I briefly mentioned misinformation as a factor in patients’ mistrust in the health care system. It’s a topic worthy of further discussion, as misinformation itself has consequences for patients and your practice. […]
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The Informed Practice – Building Trust
The past few years have been marked by public mistrust — mistrust in the government and institutions, in science, and yes, in physicians. The COVID-19 pandemic and the political environment of late has made public mistrust clear, but it is not a new phenomenon. Patients’ trust in their physicians is an important factor in achieving patient satisfaction and outcomes and in minimizing malpractice risk. In this article Tom Bryant discusses simple strategy for building physician-patient trust.
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The Informed Practice – Workers’ Comp
Recognition that the workplace affects health and vice versa has led organizations to take a more holistic approach to employee health and wellness. The National Institute for Occupational Safety and Health (NIOSH) now recognizes the workplace as a key social determinant of health that influences the employee’s health and wellness at and beyond the workplace.
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Risk Management – Front Office
6 Tips to Help Your Front Office Provide a Positive Patient Experience BY STEPHEN A. METZ, MD, CHAIR | MASSACHUSETTS MEDICAL SOCIETY | COMMITTEE ON PROFESSIONAL LIABILITY Although front-office staff members do not practice medicine, their actions can lead to medical malpractice liability for physicians. We’ve all heard the stories: […]
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