Eager to save money, Prospect Medical promised to “self-insure” malpractice claims brought against its doctors and hospitals.
Is malpractice insurance the same as professional liability insurance? Malpractice insurance, professional liability insurance (also called professional indemnity insurance), and errors and omissions ...
Malpractice insurers are looking glum. Right now, competition is driving down medical malpractice insurance rates. Their business is cyclical. While it has been doing well for the past few years, with ...
Add Yahoo as a preferred source to see more of our stories on Google. Dec. 27—By the time neurosurgeon Mark Erasmus lost his New Mexico medical license in 2024, he had racked up $19 million in medical ...
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 ...
Under this new comprehensive solution, which includes coverage for prior acts, The Doctors Company will act as both the ...
Georgia physicians are suffering from two ailments at the same time. On the one hand, they face the threat of frivolous malpractice lawsuits requiring them to practice defensive medicine. To protect ...
Over 40% of physicians in a Medscape survey said they had been sued for alleged malpractice at least once. Annual malpractice premiums for most doctors cost more than $10,000, and around 1 in 3 court ...
The fear, stress and cost associated with medical malpractice claims is contributing to health care shortages across Georgia, particularly in rural areas, industry leaders told state lawmakers during ...
Many doctors in the United States are feeling the pressure of increasing malpractice insurance rates. Neighboring states like Wyoming were blind-sided by the severity of the problem in their state.