As a medical malpractice insurance broker in the Southwest Missouri area, I have traveled many times to meet with, engage in conversation and even relax and enjoy a good meal with the physicians of Joplin. For twelve years I have visited this thriving town of over 50,000 and it has become like my own town,
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Medical Directors Need Medical Liability Insurance Too
Medical Directors generally are involved in credentialing, ensuring regulatory compliance, developing protocol and procedures, supervising ancillary personnel, coordinating medical care, providing patient care oversight, chart review, and other administrative duties. In this role, a physician takes on a great deal of responsibility; a Medical Director has greater risk of liability than one might realize which leads to
READ MOREThe High Risk Associated with Orthopedic Surgery
Orthopedic surgery comes with a much higher risk to medical professional liability insurance companies than most medical specialties. All types of surgery carries a much higher risk of malpractice claims than do non-surgical specialties, however orthopedic surgery is at the high end of the risk range. The liability insurance companies classify orthopedic surgeons into three separate risk
READ MOREVideo – What is better for my medical practice? Claims-made or occurrence?
“Ask eQuoteMD, with Tim Ryan.” Today Tim discusses what is type of medical malpractice insurance policy is better for a physicians practice. Claims-made coverage or occurrence based coverage? Both types of coverage policies are deeply analyzed with examples and comparisons to help physicians understand how these policies differ from each other and help as well as
READ MOREPrivate Medical Practices – Why are Doctors “Selling Out?”
Lately a great deal of individual physicians and groups are being “bought up” or employed by hospitals. In fact, it’s happening so often these days that it has many of us in the healthcare world scratching our heads wondering what these people are thinking. Physicians must have short memories because it wasn’t too many years ago that
READ MOREVideo – What is the hammer clause?
“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 MOREAdvocating Effective Risk Management by Using Patient Satisfaction Surveys
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
READ MOREWhat 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
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