“Beware of little expenses. A small leak will sink a great ship.” Wise words from the man that also said, “A penny saved is a penny earned,” Benjamin Franklin. The problem for medical practices today is that it seems there are no “little expenses.” All businesses are faced with large expenses that continue to grow,
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The 5 most expensive and the 5 least expensive states for medical malpractice
Medical malpractice insurance is a requirement for any kind of practice, but it can also have a massive impact on your earning potential. Many things can affect your insurance rates, including your specialty and type of practice. One of the biggest factors is where you live, since insurers use state averages to help calculate your
READ MOREIs There a Medical Malpractice Crisis in the U.S.?
The Washington Post recently published an article titled, “Top Republicans say there’s a medical malpractice crisis. Experts say there isn’t.” This is an old, ongoing debate, and depending on who you listen to, we’re either in a crisis that is driving up the cost of medical malpractice insurance, forcing providers to practice defensive medicine, and
READ MORE5 Things to Know About Medical Malpractice Today
When it comes to Medical Malpractice, perceptions are almost always wrong. Myths and misconceptions promoted by trial lawyers hoping to gain new cases against physicians have given the general public the idea that there is some sort of medical malpractice crisis in the U.S., and that is simply not true. Most people believe that medical
READ MOREWhere does Your State Rank on the List of the Best Places to Practice Medicine?
Physicians often get fed up with their current working conditions and think about packing their bags for greener pastures. The frustrations of long hours, pressure from administrators, and ungrateful patients can cause anyone to think about a change of pace. But where would you go? What factors go into to making a city or state
READ MORENeurosurgeons and Medical Malpractice Risk
Because of the risks involved, neurosurgeons face higher medical malpractice costs than many other physicians. The field of neurosurgery includes both spinal and cranial disorders related to vascular disease, pain, brain tumors, epilepsy, movement and behavioral disorders and trauma. Neurosurgeons diagnose and assess these conditions, which most often require surgical repair. The goal of neurosurgery
READ MOREWhat Is Medical Malpractice Insurance? Do You Need It?
Medical malpractice is defined by legal-dictionary.com as, “Improper, unskilled or negligent treatment of a patient by a physician, dentist, nurse pharmacist or other health care professional.” In general terms, a physician will be held liable if his or her conduct fails to meet the “standard of care” provided by other doctors under similar situations. Many
READ MOREHow Much Does Medical Malpractice Insurance Cost?
One question we are often asked by new and potential clients is: “how much does medical malpractice insurance cost?” That question is usually followed by: “why is it so expensive?” The media, lawyers, and politicians are claiming that one of the main reasons for the high cost of healthcare is the rising and outrageous cost
READ MOREeQuoteMD Now Offering Quotes for Nurse Practitioners and Physician Assistants
The most trusted online source for medical malpractice insurance quotes for physicians, eQuoteMD, is pleased to announce free quotes for Nurse Practitioners (NP) and Physician Assistants (PA). For more than 4 years, eQuoteMD, has been providing 20% — 40% savings to physicians in all specialties and in all states, and now NPs and PAs can
READ MOREDoctors Declare Victory in Fight Over Medicare Reimbursements
Many in the healthcare community are celebrating today. Yesterday, the Senate voted overwhelmingly to pass the Medicare Access and CHIP Reauthorization Act (MACRA) of 2015 (H.R.2), thus staving off a 21% decrease in Medicare reimbursement rates set to take effect today, April 15th. But this bill is different than what we’ve seen in the past,
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