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Pre-Paid ERP (Extended Reporting Period) Endorsement: A big dilemma for DSOs is whether they should have a claims-made policy or an occurrence policy. The claims-made policy typically requires an Extended Reporting Period (ERP) or "tail coverage" to cover claims made after the policy's expiration. Occurrence policies can require mature dentists to have to purchase “tail coverage” before joining the group. This endorsement not only supports the recruitment of experienced professionals but also leverages the advantage of an occurrence policy, ...
Private equity firms swallowed nearly 1,100 medical practices from 2012 to 2022, in transactions so frequent and frenzied it appeared as though Wall Street had found some sort of “cheat code” that promised unlimited profits. Now, in a first for antitrust regulators, the Federal Trade Commission has sued a private equity firm for a conspiracy to roll up a medical specialty. The 106-page complaint filed Thursday in Texas lays out in granular detail just how one firm’s serial acquisition stra...
Thus, tail coverage serves to mitigate the risk of malpractice claims arising from past conduct. Tail coverage for attorneys who cease or will soon cease practicing law has become essential...
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Medical malpractice insurance is essential to risk management for healthcare groups and workers. Medical professionals work hard to care for their patients but mistakes can happen leading to expensive lawsuits. Understanding the ins and outs of malpractice insurance is essential to avoiding financial problems and continuing to provide high quality healthcare services. Medical malpractice is a complicated legal term for healthcare professionals doing their jobs poorly. When a healthcare worker doesn’t follow the standard of care required in th ...
SURGPLI specializes in helping doctors with surgical specialties find the best medical malpractice insurance that fits their needs & their budget. Learn more here.
A specialized type of professional liability insurance, medical malpractice insurance provides coverage to physicians and other medical professionals for liability arising from disputed services that result in a patient’s injury or death. A majority of American doctors face at least one medical malpractice lawsuit in the course of their career. Carrying this type of insurance is essential for physicians—and is required by law in most states. Other medical professionals who should consider this type of coverage include dentists, psychologist ...
Medical malpractice occurs when patients are harmed by the actions... medical malpractice and legal issues like informed consent, medical negligence, and damage caps in medical malpractice...