Risk Management

The recent Anthem record breach underscores a growing threat to all of us in the healthcare industry. But proper risk management can help you fight back.

When it comes to asset protection many physicians mistakenly focus only on medical malpractice risk. Recent news reports illustrate other serious risks.

New data from Quest Diagnostics suggests while the rate of misuse of prescription drugs is high, there are strategies for physicians to use with patients.

As tax season approaches, tax scams targeting doctors once again spike. Here are some basic tips for protecting yourself from criminals and the IRS.

Every medical practice should have a compliance officer. Here are 15 tasks to assign this important individual.

Doctors must understand the basics of asset protection as a key part of their personal and professional success.

Malpractice insurance pricing has been stable and even declining for the past several years, but will the trend continue?

Physicians may want to think twice prior to purchasing dental insurance. Here's why.

Unforeseen long-term care expenses are common in retirement and relying on Medicare, Medicaid, or self-funding may not be prudent. Here are options to consider.

The importance of HIPAA policies and procedures should not be overlooked. Doing so can be costly.

Here are some common reoccurring issues at the end of each year your practice needs to know about and act on properly.

Umbrella coverage is one of my first and strongest recommendations to physician clients. Here's why.

Be smart. Securely dispose of old practice computers and other devices and install safeguards on new technology. You'll be glad you did.

Federal HIPAA violations and state law causes of action are nothing to ignore. The penalties are substantial.

Assessing your medical practice for risks and determining the likelihood and severity of impact will help you determine the most important areas to focus on.

Diabetes care can raise some unique malpractice risks. Watch this 60-second video to learn what steps your practice should be taking to reduce the risks.

Good asset protection goes far beyond mitigating malpractice risks. Some exposures, like financial fraud and identity theft, peak during the holidays.

At present, the question of providing free, or reduced costs drugs to patients, is a multifaceted problem which defies easy solutions.

After a malpractice lawsuit, it’s tough to get back in the game. But physicians who take the right approach find that a fulfilling career still awaits them

Court signals federal HIPAA violations do not prevent claimants from bringing a state common-law suit; cautions physicians on the extent of practice liability.

In order to prevail in golf, you need to know the nuances of the game. Likewise, physicians should know how to navigate HIPAA.

Opiate prescribing can be a high risk activity for doctors if compliance measures aren't implemented. This risk is magnified when dealing with celebrities.

If you believe your practice is too small to warrant the attention of Recovery Audit Contractors, think again. Here are ways to prepare for scrutiny.

The holiday season presents recurring non-malpractice risks for doctors and their practices that can have serious legal consequences.