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Medical Malpractice Archives - Diederich Healthcare

New Admitted Carrier Offering Malpractice Insurance Coverage in New York

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The Doctors Company (TDC), the largest physician-owned malpractice insurance carrier, was approved to start offering coverage on an admitted basis to New York physicians and healthcare providers. This is an encouraging development for New York physicians, who traditionally have had only a few admitted carriers available in the state to choose from. Because of the lack of admitted options, recently many New York physicians and practices have considered coverage with Risk Retention Groups (RRG). This…

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2017 Medical Malpractice Payout Analysis

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As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2016 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. 2016 marked the first time that malpractice payout amounts declined since 2012, ending a three-year climb. Diederich Healthcare is a medical…

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Medical Malpractice Payout Totals Increased for Third Consecutive Year

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Diederich Healthcare, a division of Diederich Insurance Agency, LLC; has released their 2016 medical malpractice payout analysis, and the data shows that malpractice payouts increased for the third consecutive year in 2015.  Last year, payouts across the United States totaled $3.95 billion, an increase of 1.68% from 2014. New York remained at the top as the state with the highest medical malpractice payout total, a place that the state has held all five years that…

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2016 Medical Malpractice Payout Analysis

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As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2015 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. 2015 marked the third consecutive year that malpractice payout amounts rose, continuing the trend of increasing payout amounts. Diederich Healthcare is a…

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2015 Medical Malpractice Payout Analysis Summary

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For the second consecutive year, medical malpractice payouts increased over 4% from the previous year.  After seeing a steady decline in medical malpractice payout amounts from 2003 through 2012, malpractice payouts started to rise in 2013 and continued to rise at a steady pace in 2014 – marking a trend of increased medical malpractice payouts in the United States. The National Practitioner Data Bank (NPDB) data in 2014 saw an increase of 4.4% in total…

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2015 Medical Malpractice Payout Analysis

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As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2014 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. 2014 marked the second consecutive year that malpractice payout amounts rose, creating a trend of increasing payout amounts. Diederich Healthcare…

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Changing Practice Models & The Affordable Care Act

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Undoubtedly, one of the largest issues facing physicians today is the Patient Protection and Affordable Care Act, otherwise known as the ACA. The bill, which was passed on March 23rd, 2010, outlined comprehensive health care reform initiatives that will eventually change the landscape of physician practice as we currently know it. Although opinions on the Act and what it means for health care delivery are highly divided, one thing is for certain – the changes…

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Effective Physician/Patient Communication

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Multiple studies have revealed a disparity of the perceived effectiveness of communication from the standpoint of the physician and from that of the patient. The manner in which a physician communicates health information to a patient is often as important as the information itself. In a recent survey of patients treated by orthopedic surgeons, 75% of the physicians believed they communicated satisfactorily with the patients, while only 21% of patients felt they received adequate communication….

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2014 Medical Malpractice Payout Analysis

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The 2015 Medical Malpractice Payout Analysis has been released and is available here. As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2013 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. Interestingly, 2013 marked the first time since…

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