Risk Management

Lax policies regarding medical records and ordering prescriptions and tests puts physicians-and their practices-at risk of DEA and HIPAA violations.

The Medical Board of California has investigated the prescribing practices of about 450 physicians whose patients overdosed on opioids months or even years later.

A trend to watch: Last year, two states made significant changes to laws related to personally identifiable information and protected health information.

One of the most powerful and predictable layers of defense every physician must implement is a complete liability insurance program.

Physicians who write a script for themselves, or their friends and family, risk a suspended license-unless they have a record of proper documentation.

One nurse at an addiction treatment program carries opioid-reversal drug naloxone, brand name Narcan, to save a life whether she's on or off the job. She's been denied life insurance because the life insurer can't distinguish those who carry naloxone to save others and those who carry naloxone because they are at risk for overdose.

Physician practice owners should start 2019 by managing these basic risks now.

A look over the Office for Civil Rights’ recent HIPAA actions reveal why privacy and security safeguards are a must for medical practices.

More patients are recording their visits at the doctor’s office, sometimes without permission.

Follow these simple tips to detect-and prevent-financial fraud in your medical practice. 

As some experts warn of another economic downturn, the following financial issues should be part of your recession survival planning.

Medical practices replacing computers and related electronic equipment at year end must carefully manage their disposal to avoid significant liability.

The holiday party season traditionally starts next week, right after Thanksgiving. Consider what your medical practice should and should not be doing at the office party to avoid liability.

If you keep a few basics in mind, it’ll be easy it easy to pick the perfect spot for your next space.

Here are a few things to keep in mind when seeking financing for a new practice location.

Insurance giant Anthem was recently tagged with a $16 million-dollar HIPAA penalty. What can you do to keep your solo or small practice from getting hit?

Yes, you need to delegate some tasks to employees. But as practice owners and administrators, it’s your responsibility to oversee and double check-not blindly sign your name for a whole lot of trouble.

The line between sharing helpful information and “affinity fraud” is very thin when well-meaning friends and colleagues share bad information.

Practices sometimes can’t afford to administer treatment to patients given the risk of denied reimbursement claims.

If not managed correctly, the many details that physician practice owners are responsible for create significant risk. Utilize this article to help you prioritize issues you need to address now to ensure that your medical practice is ready for continued success.

Doctors are paying more attention to building and retaining personal wealth than ever before. Understanding some core legal concepts about protecting assets and managing risks is a key part of that education.

Now more than ever, it’s important to take proactive steps to prevent being sued.

Summer vacations are a lot of fun, but travel presents various risks to your assets and safety. Here is what you need to know to protect yourself and your family.

Physicians have a responsibility to uphold ethical standards and ensure the people they associate with do, too. Otherwise, they risk their reputation being tarnished by association-or worse.

Understand why the “100 deadliest days” could affect physicians and practice staff personally and professionally.