A little over half — 58 percent — of premiums remained the same from 2012 to 2013, and premium increases have been far less frequent since 2006 than they were in the years before. However, with more people becoming insured under the Affordable Care Act, liability claims could surge if surgeons are spending less time with patients and making more medical errors.
While around 65 percent of claims are dismissed, dropped or withdrawn, around 90 percent that do go to trial are won by the defendant, according to the report.
More Articles on Practice Management:
5 Ways to Deal With Employee Rivalries
4 Statistics on Physician Pay Tied to Patient Satisfaction
55% of Physicians Give Office Staff Raises & Bonuses
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.