The American College of Cardiology has a partnership that will help you save money on your medical liability coverage. ACC members have already saved $2,000,000!* Are you ready to join them?
Click the plus (+) signs beside the headings below to watch videos or learn more about Risk Management topics.
The ACC exclusively endorses The Doctors Company, the nation’s largest physician-owned medical malpractice insurer. Founded and led by physicians, The Doctors Company offers ACC members a unique combination of coverage features, aggressive claims defense, superior protection, and unrivaled rewards, including the Tribute® Plan, a groundbreaking financial benefit that rewards members for their loyalty and commitment to outstanding patient care.
Learn More About ACC Member-Exclusive Savings
As an ACC member, you already have the reputation of being committed to only the highest standards of cardiovascular care. As a result, you are eligible to SAVE on your coverage through our partnership with The Doctors Company:
Program discount of five percent for qualified ACC members with a favorable claims history
Claims-free credit of up to 25 percent for eligible members
Additional premium savings of up to 10 percent for:
Click the button above to get a no-obligation quote today!
Why Cardiologists Get Sued
Why do cardiologists get sued, and how do heart patients get injured? A study of 429 closed cardiology malpractice claims by The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, revealed the most common patient allegations in these claims and the most common factors that contribute to patient injury. The goal of the study was to alert physicians and patients to the most common risks and areas for improved patient safety.
Will Liability Risks Skyrocket Under ACA (Episode 1)
As the Affordable Care Act (ACA) progresses and healthcare delivery undergoes unprecedented change, doctors are facing a growing minefield of liability risks. In Part 1 of this two-part series, Rob Francis, Chief Operating Officer at The Doctors Company, discusses some of the new liability risks arising from quality data reporting and reimbursement issues. Doctors are especially concerned about:
Creation of default standards of care that prevent physicians from making clinical decisions based on judgment.
Reimbursement guidelines becoming the new standard of care, increasing lawsuit opportunities by six to eight times the current amount.
More aggressive Medicare payment denials, leading patients to sue for what they deem unnecessary care or procedures.
Will Liability Risks Skyrocket Under ACA (Episode 2)
The changes to healthcare delivery under the Affordable Care Act (ACA) create liability risks that should NOT be overlooked. In Part 2 of this series, Rob Francis, Chief Operating Officer at The Doctors Company, discusses some of these new risks—electronic medical records and new managed care liability. Electronic medical records, required by the ACA, create huge liability traps, such as:
Decreased face time with patients.
Harm to the physician-patient relationship by shortcutting communication.
Checkboxes and drop-down lists that perpetuate errors.
Cut-and-paste that creates redundancies.
The ACA is a new model of capitation, which will lead to an increase in allegations that care is being withheld for financial gain. Doctors, practitioners, and hospitals will be sharing risk in new ways.
A Physician’s Reputation: Online and Off
A physician’s online reputation is just as vital as a physician’s reputation in the community, according to Kevin Pho, MD, of KevinMD.com, social media’s leading physician voice. In this era of transparency—when any patient can go online to research a doctor—it is more important than ever for doctors to proactively manage their online reputation. Patients often use the Internet to find information about a doctor, typically by Googling the doctor’s name. The search results can point the patient to physician-rating sites, which may have negative comments about the doctor. That’s why it’s important for doctors to establish and maintain an online presence that patients will find when searching.
Physician Branding on Social Media
Physicians can brand themselves on social media using a “hub and spoke strategy,” says Kevin Pho, MD, of KevinMD.com, social media’s leading physician voice. A doctor should first create a central hub, such as a blog or website. It is important to not create the hub on a third-party platform, because, in the future, the look of the platform could change or the platform could be removed altogether. Doctors should then create the spokes: social media outposts where they can engage with patients. It is important to keep the branding consistent across these platforms by using the same logo, slogan, and headshot.
Case Studies: Healthcare Data Breach Risks
The healthcare industry suffers more data breaches than any other business segment—a total of 51 percent of all breaches. This video presents an overview of the cybersecurity threats facing healthcare organizations and what they can do to mitigate their risk.
The Doctors Company’s New Cardiology Closed Claims Study
This review of 429 cardiology claims identifies the most common patient allegations and the specific factors contributing to patient injury. All physicians should take note of this study because a variety of specialties tend to be named in these lawsuits. Click here to learn more >>>
New Social Media Resource Center for Physicians
The web is a powerful tool for physicians. Establishing your online presence on social media allows you to engage with patients, grow your reputation, and make your voice heard. These resources can help you get started on social media and expand your online presence. Click here to learn more >>>
Up in the Cloud: Is It Safe to Store PHI on Remote Servers?
Cloud storage is a convenient and cost-effective solution for medical practices and facilities, but precautions must be taken to ensure stored patient data is secure. This article has tips for choosing a cloud service provider. Click here to learn more >>>
Cybersecurity: Mitigate Against Hacking and Data Breach Risks
Cybercrime costs the U.S. economy billions of dollars each year and causes organizations to devote substantial time and resources to keeping their information secure. This is even more important for healthcare organizations, the most frequently attacked form of business. The Doctors Company's expert resources, including free CME, videos, infographic, and cybersecurity report, can help protect healthcare organizations and physician practices from this emerging area of risk. Click here to learn more >>>
Communication Is Key to Improving Diabetic Patient Outcomes and Reducing Liability
It’s not uncommon for diabetic patients to file claims against their diabetes care team for failure to properly diagnose, supervise, monitor, and/or treat their disease. This article outlines ways physicians can have effective conversations with their patients to decrease malpractice risks. Click here to learn more >>>
NEW | Eight Principles of an Effective Patient Safety Team
Risk Tip | Teamwork—an essential part of a safety culture—has come to the forefront as the most effective way of catching individual errors before they occur and of mitigating system failures. In the OR, for example, studies have shown that implementing team training is associated with a significant decrease in surgical mortality.1,2 The team approach is not new, but its value and definition are changing. Good communication, along with a focused team approach in dealing with problems, can make a positive difference in any outcome. Read more >>>
Employing Advanced Practice Providers: Balancing Benefits and Potential Malpractice Risks
Risk Tip | Practices and hospitals that employ advanced practice providers (APPs), including nurse practitioners and physician assistants, can experience many benefits, such as lower operating overhead, increased physician time with patients, and improved patient education and satisfaction. However, employers of APPs should consider implementing effective risk management measures to help ensure that the benefits of using APPs are not at the expense of increased liability exposure. Read more >>>
*$2,000,000 savings was measured from 1/1/12 through 12/31/14. Individual savings may vary depending on underwriting.
** For domestic use only – excluding CA, DC, MA, NJ, NV, NY, OR, and GU