The Doctor’s Advocate | First Quarter 2013
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Industry and Company News:
First Quarter 2013
Study Shows Malpractice Claims Consume Years of Physicians’ Careers
We provided the RAND Corporation and other researchers unfettered access to our claims database with over 40,000 physicians who had faced malpractice claims between 1995 and 2005 in every U.S. state and the District of Columbia.
In the video, “Pending Malpractice Claims Consume Physicians’ Careers,” Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company, discusses the RAND study, finding that the average physician spends 50.7 months, or over four years, of a 40-year career fighting malpractice claims—the majority of which end up with no indemnity payment. High-risk specialists such as neurosurgeons and cardiovascular surgeons spend nearly a quarter of their careers defending themselves against this litigation onslaught.
“We are pleased to share our unique claims database for this significant research,” Dr. Anderson said. “These findings by the RAND Corporation are objective evidence that the litigation system needs to be fixed so physicians can spend their time practicing good medicine instead of fighting claims, the majority of which are fruitless, if not frivolous.”
To view the video and to subscribe to The Doctors Company YouTube channel, go to www.youtube.com/doctorscompany. To view more extensive data on the time spent by physicians on malpractice claims, go to www.thedoctors.com/claimsfrequency.
Earn Free CME Credits with Our Webinars
Our 2013 schedule of complimentary Webinars—open to all doctors and staff—can help you earn continuing medical education (CME) credits. Here’s a sample of the topics we’re covering:
|Upcoming Webinars (Earn 1.0 CME Credit) |
|April 11 ||FAQs: Answers to Common Patient Safety Questions |
|April 17 ||Sexual Harassment: A Ticking Time Bomb |
|April 23 ||Managing Risks in Anesthesia |
|April 29 ||Health Literacy: Do Your Patients Understand? |
|May 1 ||Keeping Children Safe During Radiology Procedures |
|May 13 ||Adverse Outcome Disclosure: What to Do When the Unexpected Occurs |
|May 21 ||HIPAA: Yesterday, Today, and Tomorrow |
|May 29 ||“But I’m Only the Nurse”: Understanding the Nurse’s Role in Patient Safety |
|June 4 ||RAC Audits |
|June 11 ||Lessons Learned When the Power Goes Out |
|Go to www.thedoctors.com/CME to register or to see a complete list of topics and dates. |
YouTube Video Series Continues to Expand
Our Executive Advisory Board Speaker Series features short videos posted on YouTube. The videos deliver insights from industry thought leaders who cover topics of importance to medical practices in the evolving health care environment.
New videos in the series include “Liability Implications of Health Care Delivery Changes,” with James W. Saxton, Esq., of Stevens & Lee Health Care Litigation and Risk Management Group, discussing how accountable care organizations and individual physicians may face increased risk with health care reform.
In “Sharing Data to Manage Quality and Reduce Costs,” Laura P. Jacobs, MPH, executive vice president of The Camden Group, outlines how electronic health records can be a key to success in managing quality of care and reducing costs.
To view all of the videos in our series and to subscribe to The Doctors Company YouTube channel, go to www.youtube.com/doctorscompany.
Connect with Us
Follow The Doctors Company on Twitter at @doctorscompany for up-to-the-minute information, subscribe to our YouTube channel to hear from industry experts, connect with us on LinkedIn, and find information on our key milestones and achievements on Facebook.