Risk management is subject that is constantly on the mind of today’s practicing physicians’ and hospitals. There are many forms of risk management for physicians to utilize that can help reduce the risk of a medical malpractice claim and promote a healthy doctor/patient relationship. One of the newest forms of risk management is what is called, patient satisfaction
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What Happens to Your Medical Liability Insurance When Taking an Employed Position
While many doctors are finding themselves faced with reduced reimbursements, high medical liability insurance premiums and high expenditures that exceed their financial guidelines to maintain a profitable practice, the question they ask themselves is: “Why am I trying to do this all alone?” Enter the white knight, the hospital looking to purchase their physician medical practice and relieve them of
READ MOREVideo – Difference between an indication and a bindable quote
“Ask eQuoteMD, with Tim Ryan.” A medical malpractice insurance video blog question and answer session to help physicians have a better understanding of their coverage options. eQuoteMD provides quality solutions for medical malpractice insurance to doctors, surgeons, clinics, hospitals and facilities across the United States. Video Transcript – Tim Ryan: Hello and welcome to eQuoteMD’s
READ MOREHow Is Your Medical Practice Performing? Let’s Evaluate.
Key performance indicators (KPIs) are one way to evaluate how your practice is doing. KPI’s are benchmarks or statistics, and they provide a roadmap to help you monitor the overall performance of your practice in both financial and non-financial measures. You can adopt KPI’s for every facet of your healthcare operation, but today, we are going to
READ MOREVideo – How to Get Accurate Medical Malpractice Insurance Quotes
“Ask eQuoteMD, with Tim Ryan.” A medical malpractice insurance video blog question and answer session to help physicians have a better understanding of their coverage options. eQuoteMD provides quality solutions for medical malpractice insurance to doctors, surgeons, clinics, hospitals and facilities across the United States. Video Transcript – Tim Ryan: Hello and welcome to eQuoteMD’s
READ MOREPhysicians – Never Cancel Your Malpractice Insurance Policy
Considering discontinuing your physician malpractice insurance policy? You might want to think again. Many physicians do not understand the basics of a claims-made medical malpractice insurance policy and are in danger of leaving themselves exposed by not having a thorough understanding of how the policy works. A claims-made policy is different than an occurrence policy in that it only covers a
READ MOREThe Liability Insurance Risk for Bariatric Surgery
Bariatric surgeons are classified at nearly the highest level of risk classifications with professional liability insurance companies today. The risks of lawsuits are very high and can result in expensive payouts. Exploring the basics of bariatric surgery and the medical malpractice risk associated with this specialty can give bariatric surgeons a better understanding of how their liability insurance protects
READ MOREVideo – What is a Broker of Record Letter?
“Ask eQuoteMD, with Tim Ryan.” A medical malpractice insurance video blog question and answer session to help physicians have a better understanding of their coverage options. eQuoteMD provides quality solutions for medical malpractice insurance to doctors, surgeons, clinics, hospitals and facilities across the United States. Video Transcript – Tim Ryan: Hello and welcome to eQuoteMD’s
READ MOREHow Kansas Medical Malpractice Insurance Works – Part II
It is important for physicians and surgeons who wish to practice in the state of Kansas, to understand that medical malpractice insurance is different and more complex than it is in most states. In most states, physicians have many different choices and can choose to place their medical malpractice insurance coverage with the carrier of their choice. In
READ MOREHow Hard Insurance Markets Affect Medical Malpractice Insurance
In many articles today you see the disasters around the globe from earthquakes to tsunamis, tornadoes and flooding from rain causing major losses for insurance companies. How will this affect the future of insurance and will it trickle down to the medical malpractice insurance market? What exactly is a hard market and soft market? Why would something
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