This is the time of year when all physicians, managers, and administrators should be sitting down to plan for 2009 expenses. The second or third line item of most healthcare practice balance sheets is INSURANCE. This is one area that should be carefully and personally reviewed with your insurance broker each year. Those practices with …
If you’re a physician who is considering offering cosmetic services in a stand-alone medi-spa environment, there are a number of details that need to be considered and attended to. Of course, there’s all of the usual aspects. Location, environment, mood and asthetics, facilities, staff, and the like are all factors. You’ll want to consider the …
An ounce of prevention is worth a pound of cure. With inflation, it’s worth several pounds of cure. This article addresses simple steps that you can take, make a matter of policy, to protect yourself against unwarranted allegations of malpractice. In real estate, it’s Location, Location, Location. Within the Medical profession, it’s Document, Document, Document. …
Errors & Omissions (Professional Malpractice) insurance covers a wide variety of honest mistakes that a medical professional can make. This important protection is separate of your general, business or property liability coverage. In this article, we’ll look at the details of that coverage, and what it does NOT protect against. When a company issues an …
Professionals in any of several industries need Errors and Omissions (Professional Malpractice) coverage. This is in addition to your general, property, or business liability insurance. E&O policies protect the insured from financial risks which may be incurred by making a mistake within your professional capacity. What does that mean for the medical professional? You meant …
As some of you know, (and we’ve written about) as of October 1, 2008, Medicare is no longer reimbursing for costs that were incurred as a result of a Never Event. We’ll be putting a more complete article on the topic in our Newsletter, but for now, here are some of the basic points: Most …
Although the question asked was specific to malpractice insurance for dermatology nurses, the advice of health care attorney Carolyn Buppert is sound for most any specialty. When considering how much malpractice coverage to obtain, you want “as much as you can get and afford.” This legal expert points out that that there are too few …
As a client advocate and representative, we often research areas of potential liability for our healthcare clients. Often in the course of evaluating exposures to risk, we turn to experts in the legal industry for guidance. The following is an article provided by one such expert in the arena of vicarious liability for employers. Employer …
Are Physician Owners Responsible for the Acts of their Employees? Read More »
