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Telemedicine is becoming more common all the time, but risk managers might not be keeping up with all the new challenges that come along with the new technology. The use of telemedicine across state lines, in particular, raises some tricky risk management issues.
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The California Department of Insurance has saved doctors and other medical providers $23 million in just two months by reducing unjustified medical malpractice insurance premiums using the state's prior approval rate regulation authority.
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South Shore Hospital in Boston has agreed to pay $750,000 to resolve allegations that it failed to protect the personal and confidential health information of more than 800,000 consumers, Massachusetts Attorney General Martha Coakley announced recently.
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Tenet Healthcare Corp. has agreed to pay the United States $42.75 million to settle allegations that it violated the False Claims Act by overbilling the federal Medicare program, the Justice Department has announced.
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Recent healthcare decisions should compel healthcare risk managers to reconsider their hiring process and company policies.
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The $78.5 million verdict against Pottstown Memorial Medical Center in Philadelphia could have been avoided. Letting the case go to a jury was a mistake for the hospital, says Herbert S. Subin, JD, partner with the law firm of Subin Associates in New York City.
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Hospitals are adopting cyber liability policies in growing numbers, but other healthcare organizations are lagging behind, says Jay Sheehan, JD, senior vice president of Preferred Advantage in Hartford, CT, a division of national insurance provider Preferred Concepts.
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Physicians, hospitals, dentists, therapists, and a host of other healthcare providers paid about $31 billion in medical malpractice premiums in 2011, which is a new record, according to a study released recently by Patients for Fair Compensation, a group based in Alpharetta, GA, that seeks to educate the public about the costs of defensive medicine.
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Two recent legal decisions signal a change in the way courts will view arbitration provisions, says Elliot Zemel, JD, an associate at the law firm of Fenton Nelson in Los Angeles.