Latest Med-Mal Insurance News & Research
Group Health Insurance
Group Health Insurance – Give Employees a Better Bonus Money can be a great motivator, but it only goes so far. Why not offer new and existing employees something that a raise or bonus can never give them? Peace of mind. Bonuses and bigger wages can do a lot to motivate employees, but the problem […]
More Than Half of All Doctors Are Employed by Health Systems
Consolidation of physicians and hospitals into health systems increased substantially from 2016 to 2018, according to a study conducted by the U.S. Agency for Healthcare Research & Quality (AHRQ) and published in the August 2020 edition of Health Affairs. The study found that 51% of U.S. physicians were affiliated with health systems in 2018, compared […]
A Guide to Reopening Your Medical Practice During COVID-19
The Doctors Company has put together a checklist for reopening your practice during COVID-19. You can download it here: As officials relax some COVID-19 restrictions and you begin to reopen your practice, be mindful that transitions may occur in phases. If there is a resurgence of the virus, you will need to reassess the process […]
Is the Federal Government Doing Enough to Support the Independent Medical Practice During the COVID-19 Crisis?
America’s independent physician practices face unprecedented, devastating financial losses due to the COVID-19 pandemic, reporting, on average, a 55 percent decrease in revenue, and a 60 percent decrease in patient volume, since the beginning of the COVID-19 crisis. “New MGMA data show that 97 percent of medical group practices have experienced a negative financial impact […]
Telemedicine Resources during COVID-19 Pandemic
AMA quick guide to telemedicine in practice: This guide includes the necessary resources to quickly increase the telemedicine side of your business. Medicare Telemedicine Healthcare Provider Fact Sheet: A good explanation of how expanded Medicare coverage for telehealth services has made it possible for doctors to increase their telemedicine services. This is a significant change […]
How I Saved a General Surgeon $40k on Medical Liability Tail Coverage
A general surgeon in Savannah, Ga., recently called me in need of help with the high cost of tail coverage she was offered by her employer. She was leaving a group practice and moving out of state to take a new job. When she informed the group she was leaving, they told her she would […]
Quarterly Analysis of the Medical Malpractice Insurance Industry
Watch Episode 1 here. Our new Healthcare Matters series will take a deep dive into the financials of the medical malpractice insurance industry for each financial quarter. Episode 1 takes a look at the second quarter of 2018. Discussing the financials of Q2 of 2018 is Eric Wunder, a consulting actuarial at Milliman Inc. Mr. […]
2018 Medical Malpractice Insurance Market Update
In our first 2018 installment of MPLI Executive Insights, we sat down with Bill Burns, Vice President of Insurance Research at Conning. Mr. Burns was the keynote speaker at the 2018 PLUS Healthcare & Medical PL Symposium where he gave a presentation titled “MPL Market Update”. The topics covered in this interview: 1. How healthy […]
Physicians: How you can benefit from the 2018 Trump Tax Plan
On a very special edition of Healthcare Matters, we speak to two tax experts about the new Trump Tax Plan and how it affects physicians. This could mean the difference of 10’s of thousands of dollars a year. Physicians were specifically carved out of the Trump Tax Plan and therefore can’t take advantage of the […]
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