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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29Apr, 2016

When to Release: Medical Records, Privacy, Custodial Issues, and Compliance

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In today’s environment it can sometimes be very difficult to know when and to whom you should, must, or must not release medical records. In cases where there are questions of parental custody, custodial disputes, suspected abuse, and other complicating factors, particularly those involving minors, it is imperative that doctors know what both federal and state regulations require, and have a plan in place to make sure that everyone in the practice follows those regulations. Helpfully, our friends at Coverys have provided an excellent resource in the form of this […]
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29Feb, 2016

New Malpractice Risks Associated with Electronic Health Records

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When electronic health records (EHRs) first came on the scene the healthcare industry and medical malpractice insurance companies believed they would reduce the risk of medical malpractice claims. One of the main reasons for this belief was that many of the common malpractice risks at the time were connected to paper, handwritten medical records. Doctors are notorious for having poor handwriting, and in a great deal of malpractice cases they couldn’t even read their own writing. Adding to the problem was a system where a doctor or nurse could easily […]
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22Jul, 2015

Are You Ready for ICD-10?

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As a medical provider or practice administrator are you prepared to transition to ICD-10? Many practices are ready for the new system, but some are way behind and will have medical claims rejected if they aren’t using the appropriate codes. In order to avoid billing problems with Medicare and Medicaid medical providers need to get up to speed on ICD-10. The World Health Organization has created the 10th revision of the International Classification of Diseases, called ICD-10. It is a system of codes for medical records that includes diseases, symptoms, […]
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