The Doctor’s Advocate | Fourth Quarter 2021
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Industry and Company News

Leader Summit Focused on Post-Pandemic World

Experts addressed the impact of clinician burnout and diagnostic error in a post-pandemic world during a recent virtual meeting of the nation’s leading healthcare organizations hosted by TDC Group.

The keynote speakers at this second Executive Advisory Board meeting of 2021 were Christine K. Cassel, MD, MACP; David E. Newman-Toker, MD, PhD; and Richard E. Anderson, MD, FACP, Chairman and Chief Executive Officer of The Doctors Company and TDC Group.

Dr. Cassel, Professor of Medicine and Senior Advisor for Strategy and Policy, University of California, San Francisco School of Medicine, spoke on “Clinical Burnout: From an Epidemic to a Crisis.” Dr. Newman-Toker, Professor of Neurology, Otolaryngology, and Ophthalmology, Johns Hopkins University School of Medicine, addressed “The Evolving Landscape of Diagnostic Errors: Challenges and Opportunities in the Post-Pandemic Era.”

These healthcare leaders also engaged in a roundtable discussion. David L. Feldman, MD, MBA, FACS, Chief Medical Officer for The Doctors Company and TDC Group, moderated the interactive session.

“I am pleased these distinguished speakers are joining many of the nation’s top healthcare leaders to share insights on what healthcare providers might expect as we navigate through the pandemic,” Dr. Anderson said. “As part of our commitment to serve those who deliver care, we will share the insights from this summit in collaboration with top healthcare organizations across the nation.”

Fitch Ratings Affirms Our “A” Ratings

Fitch Ratings has affirmed its “A” (Strong) Insurer Financial Strength ratings for The Doctors Company and certain members of The Doctors Company Group. Fitch also announced that the rating outlook for all ratings is “Stable.”

Fitch noted that the ratings are based on a very strong statutory capital position and sufficient loss reserve levels. Fitch further stated that The Doctors Company has a strong business profile as the nation’s number-two writer in medical professional liability insurance. The Doctors Company is one of the few primary companies in its industry positioned to meet the trend of healthcare providers moving from independent and smaller group practices to employment with hospitals and larger medical groups, Fitch added.

Fitch commented that The Doctors Company’s capital position “was very strong” at the end of 2020 and views the company’s loss reserve position as a positive factor.

The “A” with “Stable Outlook” ratings include:

  • The Doctors Company, an Interinsurance Exchange
  • TDC Specialty Insurance Company
  • TDC National Assurance Company
  • The Doctors Company Risk Retention Group, a Reciprocal Exchange

CME Offerings Receive Prestigious Accreditation

The Accreditation Council for Continuing Medical Education (ACCME) has recognized The Doctors Company with its Reaccreditation with Commendation for providing CME to help physicians enhance safety and mitigate risk.

“Receiving this prestigious Accreditation with Commendation recognizes our dedication to advancing the practice of good medicine and providing the best imaginable service,” said Kerin Torpey Bashaw, MPH, RN, Senior Vice President of Patient Safety and Risk Management for The Doctors Company.

While most CME providers rely on published peer-reviewed papers to build their programs, we base our offerings on proprietary data. We develop CME offerings based on our patient safety and risk management data and analysis of medical malpractice claims. This strategy allows us to identify the education needed to mitigate risks of medical errors and provide strategies to enhance patient safety.

Explore our unparalleled CME options.

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The Doctor’s Advocate is published by The Doctors Company to advise and inform its members about loss prevention and insurance issues.

The guidelines suggested in this newsletter are not rules, do not constitute legal advice, and do not ensure a successful outcome. They attempt to define principles of practice for providing appropriate care. The principles are not inclusive of all proper methods of care nor exclusive of other methods reasonably directed at obtaining the same results.

The ultimate decision regarding the appropriateness of any treatment must be made by each healthcare provider considering the circumstances of the individual situation and in accordance with the laws of the jurisdiction in which the care is rendered.

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