The Doctor’s Advocate | Fourth Quarter 2022
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AM Best Affirms Our ‘A’ (Excellent) Financial Rating
AM Best has affirmed The Doctors Company’s financial strength rating (FSR) of A (Excellent) and its long-term issuer credit rating (ICR) of “a+.” The outlook of these ratings is stable. These ratings apply to The Doctors Company, An Interinsurance Exchange, and its subsidiaries: TDC Specialty Insurance Company, TDC National Assurance Company, TDC Special Risks Insurance Company, and The Doctors Company Risk Retention Group, a Reciprocal Exchange.
The FSR of A is assigned only to select companies with excellent ability to meet ongoing insurance obligations. The “a+” ICR is assigned to entities that have an excellent ability to meet their ongoing senior financial obligations.
“These ratings from AM Best reflect the strength and stability of our company and reinforce our vision to build the preeminent organization for service to healthcare,” said Richard E. Anderson, MD, FACP, Chairman and CEO of The Doctors Company and TDC Group. “Our financial strength allows us to help healthcare professionals meet the challenges of a constantly shifting landscape and better serve our members.”
Latest Resources: Leading Voices in Healthcare
Leading Voices in Healthcare is a new TDC Group resource for groundbreaking opinion and thought leadership across key aspects of the healthcare environment. In an expanding library of articles, videos, podcasts, and webinars, you’ll find strategies and solutions for some of the most pressing issues facing physicians and institutions today. Learn how experts identify and reduce social and ethnic disparities, get up-to-date information on reproductive healthcare legislation, discover how the pandemic continues to transform medicine, or find behaviors to prevent adverse events from happening.
Recent additions include a lively discussion between Robert M. Wachter, MD, and Andy Slavitt, MBA, who served as a senior advisor to the White House’s pandemic response team. They cover COVID past and future, value-based care, and give opinions on the entry of tech titans into the healthcare arena. There’s also a growing collection of case studies around patient safety measures successfully implemented in major New York City hospitals. Explore the latest Leading Voices in Healthcare resources.
New Article Explores Technology-Enabled Healthcare
Strategic uses of digital technologies enable care model innovations that expand access for patients, relieve administrative burdens, and enable clinicians to practice to the tops of their licenses. In his article “Technology-Driven Healthcare Presents New Opportunities for Leadership,” Aaron Neinstein, MD, Vice President of Digital Health at the University of California, San Francisco, discusses the benefits and challenges of technology-enabled healthcare. Find the article and a video discussion.
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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.
The Doctor’s Advocate is published quarterly by Corporate Communications, The Doctors Company. Letters and articles, to be edited and published at the editor’s discretion, are welcome. The views expressed are those of the letter writer and do not necessarily reflect the opinion or official policy of The Doctors Company. Please sign your letters, and address them to the editor.
Fourth Quarter 2022
Perspectives from the CMO
Building a Culture of Safety in Healthcare, Part Two: Teamwork
An Ounce of Prevention
The Patient Safety Risks of Burnout—and the Path to Professional Fulfillment
Government Relations Report
2022 Judicial Review: Significant Court Decisions on Medical Liability Issues
Foundation News
Foundation Announces 2022 Grant Recipients
Continuing Education: Reducing the Risk of a Malpractice Claim
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