Errors and Omissions (E&O)

Defending your practice in a civil suit with certain damages awarded, E&O insurance can cover the cost, even if the legal action is groundless. For medical facilities, E&O is required by law in many areas.

Errors & Omissions (E&O) is coverage that protects your practice against claims that a professional service you provided caused your client/patient to suffer financial harm due to your mistakes (errors) or your failure to perform a service (omissions).

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Errors and omissions coverage applies if your practice/facility includes any of the following:

  • Managed care-related activities
  • Utilization review
  • Expert witness
  • Billing operations
  • Credentialing
  • Surgery center/laboratory
  • Consulting
  • Claims review
  • Medical director services
  • Not for profit
  • Management services
  • Employee leasing
  • Independent physician associations
  • Miscellaneous and/or other ancillary activities not normal to a medical practice

Benefit: Medical Billing

There’s a good reason medical billing audits are hot topic for physicians and administrators of medical facilities. They haven’t just become a very real target, but the potential impact on their business is enormous.

Virtually every healthcare facility has the exposure to medical billing that E&O products are designed to cover.

Are you covered? Click the link below to get a quote today!

Would you like more information on how your practice can benefit from E&O insurance? Call us today (805) 499-7300.

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