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Outpatient Surgery E-Weekly

AMA Calls for Self-Referral Disclosure

Any physician who refers a patient to a healthcare facility in which he has ownership should disclose the financial relationship to the patient, acc...

Study: Patient Harm More Common with Pain Pumps

Just how dangerous are pain pumps? A new study suggests that errors related to pain pumps are four times more likely to result in patient harm than ...

Electronic Records May Reduce Malpractice Claims

Electronic health records are intended to improve efficiency and reduce medical errors, but can they also lower malpractice claims? A new study publ...

Home > Archive > October 2008
Business Advisor
Physicians, Cover Thy Assets
Benjamin Renzo, JD

Each year malpractice insurance becomes more expensive and less effective at protecting physicians' assets, their practices and the surgery centers where they operate. While most physicians carry malpractice liability insurance that covers $1 million per incident and $3 million for multiple claims in the same year, the average jury verdict award increased from $3.1 million in 2000 to $4 million in 2006, say published reports.

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Categories: Business Management, Malpractice
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