Medical Malpractice News

28Apr, 2011

Doctors “Going Bare” in Florida – Without Medical Malpractice Insurance

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The Florida medical malpractice insurance market has gone through periods of a very hard market, causing significant financial strain for physicians and surgeons. Prior to Florida tort reform being put in place, Florida medical malpractice insurance premiums were some of the highest for physicians in the nation. The premiums rose so high during the peak years of the hard market that many physicians opted to “go bare,” meaning they practiced with no medical liability insurance coverage in place. The state of Florida allows physicians to do this as long as […]
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26Apr, 2011

What is Cyber Liability Malpractice Insurance for Physicians?

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Many liability experts are seeing a growing liability with private patient medical information being digital and accessible from the internet. The term insurance professionals use is “Cyber Liability.” In fact the concern has grown large enough that many medical malpractice insurance companies now offer physicians the option to purchase cyber liability medical malpractice insurance. Some medical malpractice insurance carriers offer cyber liability as part of their policy. Medical malpractice insurance carriers that offer cyber liability insurance policies typically offer limits of liability of $50,000. While this might not be and […]
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25Apr, 2011

Today’s Topic: Are You Encrypted?

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If you are a physician who carries confidential patient information on a laptop, tablet, iPad or other portable devices, please read on. By now, you probably have been bombarded with articles and reports describing responsibilities of so-called “covered entities” regarding Protected Health Information (PHI).   PHI can appear in many forms: patient letters, patient lists, patient phone numbers and addresses, patient photos, surgeon reports, emails, billing information, lab results, research data, and so forth.
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20Apr, 2011

Safeguard Your Practice with Basic Controls

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As a physician, your schedule is more hectic than most.  So, if you are like many doctors, you have probably turned over the financial details of your practice to staff.  In a practice without adequate internal controls, that decision could cost you.  Every practice will vary to some degree, but the following basic controls will go a long way towards ensuring that assets are properly accounted for and safeguarded against potential misappropriation. Bond all appropriate practice employees. Use a bank lockbox for payer and patient deposits. Segregate job responsibilities; the […]
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