Risk Management

While the concept of physicians disclosing potential wrongdoing might appear valid on paper, it is actually more trouble that it is worth.

Change can impact a physician’s two key risk exposures: professional liability and long-term disability. Here's how to reduce your risks.

Internists, family physicians, and other physicians are often named in cardiology-related malpractice claims. Here are some ways to lessen your risks.

Informed consent traditionally attempts to indemnify liability. Without disclosing risk and cost, it creates it.

Healthcare is two parts: the process and the outcome. The latter can get you sued, but how you handle and behave during the process can protect you.

Harrison Ford's airplane crash is another unfortunate event that can be used as a teachable moment for physicians and their financial future.

Conducting an internal health IT risk assessment is a HIPAA requirement, and also protects your patients' data. To get started, use this security matrix.

Giving away your practice's old computer equipment is not the best solution. Here's what you should be aware of, before you pitch it out.

Apologizing to a patient when an error occurs is critical to reducing malpractice risks, but it's very difficult to do the right way. Here are some tips.

Four key physician-patient communication problems increase the likelihood of a lawsuit. Here's what they are, and how to avoid them.

Providing excellent clinical care can reduce the likelihood of a lawsuit, but the clinical side is not the only area to focus on.

Understand the ins and outs of a HIPAA breach and, more importantly, avoid them with 12 strategies to enact at your practice.

A real-life example shows us that personal liability insurance and large umbrella policy are vital parts of a strong asset protection plan for physicians.

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.