Archives for March, 2011

The Hospital Credentialing Process and Doctors Medical Malpractice Insurance

Before any physician is given privileges to practice medicine at a hospital he/she must go through a lengthy credentialing process and be approved by a credentialing committee.  Although it is a lengthy process it not insurmountable and you will find that most hospitals outline all the steps up front and will provide help along the way.  It’s important to complete the application and paper work thoroughly and meet the deadlines given. Physicians and surgeons are required to have medical malpractice insurance in place effective the day that their privileges begin. This can be the lengthiest part of the process so it is important you apply for medical liability insurance coverage early.

Don’t Procrastinate with the Paperwork

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Does Your Ambulatory Surgery Center Carry Proper Medical Malpractice Insurance?

Today in the United States, surgery centers have started to become increasingly more popular due to the ease of access and efficiency they offer to the physicians and surgeons who practice within the center as well as to the patients that use them. As a relatively new trend in the health care industry, most surgery centers are newly constructed with state of the art equipment. The majority of surgery centers were started by physicians who were looking to gain a better margin than what the hospital would pay them and as an asset vehicle. Many of these surgery centers are physician owned and operated.

Three Surgeons Operating Pateint in Ambulatory Surgery Center

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Emergency Medicine Practice Comes with High Risks & High Medical Malpractice Insurance

Picture of an Emergency Room Entrance at a Hospital

The Emergency Medicine medical practice is, at least with a basic understanding, known fairly well to the average, everyday patient. This is partially due to the facts that millions of Americans use the services of an emergency room each year as well as the Hollywood depiction of an Emergency Room (ER) in television shows (such as ER) and movies. Emergency medicine doctors not only face the high risks of practicing medicine within the emergency room, they also much face a much higher medical malpractice insurance premium. [Read more →]

How Proper Risk Management Helps Your Medical Malpractice Insurance

The majority of medical malpractice insurance carriers see their risk management as an investment in themselves and the physicians that they insure.  As I have attended many of these seminars or at least reviewed the course material, common themes in today’s risk management programs are oriented with a curriculum of communication, documentation and prevention.  The completion of these courses can lead to a percentage discount of your medical malpractice insurance premium and/or continuing medical education credits in exchange for a few hours on the computer.

Medical Malpractice Insurance Companies Offer CME Courses to Help with Risk Management

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The Education of a Doctor

“Mommy, Where Do Doctors Come From?”

Training to become a physician, whether one aspires to be a Medical Doctor (MD) or Doctor of Osteopathic Medicine (DO), takes many years, including undergraduate, graduate, and post-graduate study. The length of time it takes one to complete training will vary by specialty.  Most physicians will finish their training in eleven years starting with their undergraduate work. Fortunately, doctors in training do not have to worry about their medical liability as they are covered by the universities and the hospitals medical malpractice insurance during their training.

First, One Must Obtain an Undergraduate Degree

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Why Physicians Need EHR

Why bother with EHR if you won’t get the stimulus money?

There are a million reasons why…

I’m always surprised when I hear physicians talk about rejecting an electronic health record for their practice.  Many of them are used to the old ways of paper, and reluctant to join the new world order.  That I can understand, it’s hard enough being a doctor without having to learn a whole new way to document your visit.

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Receiving a Medical Malpractice Insurance Claim

Medical practices today strive to provide the highest quality services to their patients. Unfortunately mistakes happen and not all patients are satisfied with the outcome of their medical situation. This is why physicians, surgeons, nurse practitioners, physician assistants, and other medical providers carry physician malpractice insurance. The unfortunate side of our industry is when a physician or medical provider receives a claim or an incident happens.  The first thing I always tell my physicians is that this is why you have paid for medical malpractice insurance coverage, so use it.  The first thing you, as a physicians, should do is contact your broker or the medical liability insurance carriers legal/claims department immediately. Once you have contacted your broker or carrier, the next step is to speak to no one else.

Seek Guidance During the Claim Process

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Physician Malpractice Insurance Premium Savings and Deductibles

With all of the extra expenses physicians’ medical practices face today, and the many cuts to reimbursements such as Medicare and Medicaid, doctors are in need of ways to save premium dollars on their physician malpractice insurance.  Can a deductible on your medical malpractice insurance policy truly save money or is there a catch?  Educate yourself on these options and make a decision based on knowledge because deductibles are not all the same.

Deductibles or Self Insured Retention:

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Internet Access and Medical Liability Insurance

Laptop and Stethoscope

While the internet offers us so much access to the medical information we need at our fingertips, one has to wonder “Does this mean that we have too much information?”  With a click of a mouse button we have information about which physician or surgeon can take care of our medical condition, how they should take care of our medical condition and possible complications of that care.  Is this information educating us to become a populous of patients with unrealistic expectations and litigious actions?

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Orthopedic Surgeon Malpractice Insurance

Orthopedic surgery or, orthopedics as it is commonly referred to, is the branch of surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgeons use both surgical and nonsurgical treatments for musculoskeletal trauma, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.

Surgeon malpractice insurance is extremely important in the orthopedics field and there are many different factors these physicians need to take into account. Medical liability insurance companies have three different classifications for orthopedic surgeons.

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