Medical Malpractice News

1Dec, 2017

Healthcare Providers Face Higher Risk of Cyber Liability

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Healthcare providers continue to rely on a small limit of Cyber Liability Insurance added to their Medical Malpractice Insurance policies to protect against Cyber Risks.  With the frequency of cyber attacks and data losses in the medical industry, healthcare providers need to consider adding a Cyber Liability Insurance policy with a minimum limit of $1,000,000. While healthcare providers have been slow to add Cyber Liability Insurance policies to their risk management portfolios, they are also at a much higher risk for a Cyber Claim than businesses in other industries.
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8Jul, 2016

Buying Insurance After the Fire: Why Nobody Buys Cyber Liability Insurance

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  Mark Twain is famous for saying, “Never put off till tomorrow what may be done day after tomorrow just as well.” Unfortunately that is the plan most medical providers are following when it comes to protecting against Cyber Liability. It’s as if they’re all waiting to buy fire insurance after the fire has burned down their building. Data breaches, cyber extortion, HIPAA violations, and financial fraud occur in the healthcare industry more and more, so why is no one bothering to buy Cyber Liability insurance to protect against these […]
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2Apr, 2015

Carrots and Sticks: Electronic Health Records, Meaningful Use, and Your Practice

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Six years ago Congress passed the American Recovery and Reinvestment Act (ARRA) and the Health Information Technology for Economic and Clinical Health (HITECH) Act. With those pieces of legislation came major changes to the way doctors and other healthcare workers would process the information that they work with every day. Electronic Health Records (EHRs) or Electronic Medical Records (EMRs) were to be universally adopted and implemented from the small rural family practice to the largest hospitals in the nation. And in many ways, this goal is being realized. In 2008, the year before these rules were codified only 17% of doctors and 9% of hospitals were using EHRs. As of a few weeks ago according to the Center for Medicare and Medicaid Services (CMS) those numbers are at 65% and 80% respectively. And we think those numbers will continue to climb this year and in the coming years, for at least two primary reasons.
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4Feb, 2015

Clinical Decision Support Systems and Malpractice Risk

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Clinical Decision Support Systems (CDSSs) comprise one of the fastest growing and most widely discussed areas of Health Information Technology (HIT) in existence today. CDSSs have been defined as “Active knowledge systems which use two or more items of patient data to generate case specific advice,” (Wyatt J, Spiegelhalter D, 1991); or there’s this from Robert Hayward of the Center for Health Evidence, “Clinical Decision Support Systems link health observations with health knowledge to influence health choices by clinicians for improved health care.”
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10Oct, 2014

The 6 Keys to IT Security

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We here at eQuoteMD had the opportunity this week to attend a HIPAA Workshop in St. Louis, Missouri sponsored by the Keane Insurance Group, Keystone IT Consulting, and the Sandberg Phoenix & Von Gontard law firm. The focus of this workshop was IT Security, specifically as it applies to the healthcare industry in light of HIPAA and other regulatory laws. While IT can seem daunting to those outside the field with all the tech talk and the ever changing technology, it’s important for doctors and/or their office managers to get […]
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