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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How Much Malpractice Insurance Do I Need?: Your Guide to Securing Comprehensive Coverage
Choosing the right amount of medical professional liability, commonly called medical malpractice insurance, is crucial for every medical professional. It ensures you are adequately protected against malpractice claims while balancing costs and legal requirements. This guide will help you navigate the key factors to consider when determining your professional liability […]
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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 — Medical Gaslighting
Another phenomenon linked to implicit bias, which has been the subject of news stories in recent months, is “medical gaslighting.” The term gaslighting has been used increasingly over the past decade, often referring to manipulation in personal relationships where one person denies or minimizes the other’s experiences. Medical gaslighting is a term being used by patients to describe having their medical complaints or symptoms ignored, minimized, or dismissed by their health care providers.
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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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The Informed Practice — A Hardening Market
A Hardening Insurance Market: What Does It Mean for Your Practice? By Thomas J. Bryant, ARM President, Physicians Insurance As we slowly emerge from the grips of the COVID-19 pandemic, most of the health care–related analysis has rightly focused on immediate human concerns: the health and recovery of patients, and […]
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