Optimize MPL with Data Analytics There’s no shortage of medical professional liability (MPL) data these days—in fact, insurers and providers are swimming in it. From internal sources, collaborative databases like the MPL Association Data Sharing Project, and the National Practitioner Data Bank Data Analysis Tool, and third-party providers, there is a wealth of data on MPL available. BY AMY BUTTELL FREE
DSP Educates MPL Stakeholders, Advances Collective Goals In 1985, the Physicians Insurers Association of America (PIAA) founded the Data Sharing Project (DSP) in an effort to keep a finger on the pulse of member company claims experience to help guide business operations. BY AMY BUTTELL FREE
Hospitals Evolve Risk Management Practices as Pandemic Continues Talk to anyone in a hospital setting—healthcare professionals and risk officers—and they’ll share stories about the impact of COVID-19 on their institutions. BY SUSAN BEACH FREE
Reinsurers Adjust to Hardening Market, Pandemic There’s no doubt that the traditional medical professional liability (MPL) insurance market and the MPL reinsurance market are closely linked. Both are coping with nuclear verdicts, depressed margins, and the impacts of COVID-19. BY AMY BUTTELL FREE
Perspective Predicting the Future As we near the end of 2020—a year that we are all anxious to leave behind—the world, the U.S., and the MPL community are continuing to adapt to the evolving circumstances around us while simultaneously trying to understand the long-term impact of the pandemic. Preparing for the future at the conclusion of a year that’s been such an anomaly is a fascinating undertaking. BY PRESIDENT, BRIAN ATCHINSON FREE
MPL ASSOCIATION DSP Procedure Allegations 2016-2018 In a review of claims reported to the MPL Association Data Sharing Project closed in 2016-2018, the most common allegations named were procedure (48%), diagnostic (33%), medication/iv fluids (7%), and administrative-related issues (4%). FREE
Tech Talk 5 Strategies for Managing Insider Risk Remote work isn’t going away anytime soon. In fact, thanks to the pandemic, 26% of U.S. workers reported working entirely from home in the late summer, while 49% report some telecommuting during the past year, according to Gallup. BY AMY BUTTELL Premium Content
Legislative Update Federal and State Policy Making in 2021— Gridlock, Gamesmanship, or Governing? As of this writing, the 2020 elections appear to be, for all intents and purposes, effectively over and former Vice President Joe Biden has captured an Electoral College majority, which will make him the 46th President of the United States. BY MICHAEL C. STINSON Premium Content
Case and Comment Successfully Navigating Your Case Through COVID-19 As medical professional liability attorneys, we’ve all heard judges remark that the longer a case exists and the more often it is continued, the longer it is likely to take to try, resulting in a case that is ultimately more expensive to prosecute and defend. BY DEBORAH OLSEN DEBOER Premium Content
International Perspective COVID-19 and MPL: The View from England The COVID-19 pandemic has created challenges for healthcare in England just as it has for systems around the world. While many of these issues are global, some are specific to England due to the structure of its healthcare system. BY MARK ASHLEY, SIMON WORTLEY and SIMON PERKINS FREE
The Asset Side Convertible Securities Offer Opportunities in An Overlooked Asset Class Before the COVID-19 pandemic, medical professional liability (MPL) insurers faced rising payouts because of increasing jury awards and falling premium volumes due to a consolidating customer base. BY MARCO BRAVO AND GENE PRETTI FREE
And, Finally Facing A Parallel Pandemic Back in August, in a New England Journal of Medicine Perspective, Dr. Victor Dzau, Dr. Darrell Kirch, and Dr. Thomas Nasca noted that “The Covid-19 crisis has revealed with painful clarity the fraying threads of the U.S. clinician workforce,” and called for action “to get ahead of two pandemics, the spread of the virus today and the harm to clinician well-being tomorrow.” BY SUSAN BEACH FREE