Low Risk Medical Specialties have a lower chance of being involved in a Malpractice Claim

Posted by | November 27, 2012 | No Comments
psych

Will a Low Risk Medical Specialty career choice lower your chance of being involved in a malpractice claim?  The obvious answer is yes.  The question is by how much.  A study by the New Journal of Medicine (August 2011) found there to be  a great deviation.  In the sample pool of over 40,000 physicians, the study found that high-risk specialties such as neurosurgery and OB/GYN had a 99% chance of being involved in a malpractice claim by the age of 65 where as low-risk specialties such as family medicine and pediatrics had a 75% chance of being involved in a malpractice insurance claim by the age of 65.

Below are a few selected specialties within the sample population along with the percentage of that medical specialty being involved in a malpractice claim:

  • 19.1%    Neurosurgery
  • 18.9%    Thoracic-cardiovascular Surgery
  • 15.3%    General Surgery
  • 5.2%      Family Practice
  • 3.1%      Pediatrics
  • 2.6%      Psychiatry

On average, during the study period, 7.4% of all physicians in the sample pool  had a malpractice insurance claim.  Whereas the percentage of the study sample having a malpractice related payout was only 1.6%.  Further, the indemnity payout averaged $274,887.

To contact the author, call 800-457-7790 and ask for Matt Thompson.

About Matt Thompson (view full bio page)

Matt Thompson is currently the Executive Vice-President & National Sales Manager serving physician-clients throughout the country. Matt joined Diederich Healthcare in 2007, bringing his experience and background in the field of law/compliance to the organization. In addition to consulting and providing malpractice insurance coverage to healthcare providers, Matt has also presented and spoken to Medical Societies/Associations, Hospitals, and Healthcare Groups about the ever-changing malpractice insurance landscape. Matt is originally from Central Illinois and he earned his Bachelor’s degree at Southern Illinois University. He further completed his Juris Doctorate of Law at the Southern Illinois University School of Law during which he worked at the Jackson County State’s Attorney office as a licensed 711 attorney. Matt and his wife Lacey are expecting their first child, Lillian, in early 2014.

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