Risk Management

Case of the Quarter: Anderson v. Librati, MD
Written by:
PRMS

 
The “Case of the Quarter” column is a sample case study that highlights best practices in actual scenarios encountered through PRMS’ extensive experience in litigation and claims management.  Specific names and references have been altered to protect clients’ interests.  This discussion is for informational and education purposes only and should not be relied upon as legal advice.

Read more...
 

Risk Management Seminar Discount for NYSPA Members! 

NYSPA members are eligible to receive a 20% discount on any registration fee to attend a risk management CME seminar and/or webinar, presented by PRMS.

Clickhereto view an educational calendar and to register. 

 

Questions You Need to Ask Before
Purchasing Medical Professional Liability Insurance

Written by
PRMS

One of the many important decisions you will make in starting your psychiatric practice will involve the purchase of medical professional liability (medical malpractice) insurance. As you review the information below, please bear in mind that insurance is a highly regulated industry that varies from state to state. As such, all coverages referenced may not be available to you; however, general principles will still apply.

1. What type of policy is right for me?

Read more...
 

Stay Informed with “PRMS Psychiatry Blog”
PRMS Psychiatry Blog" is a blog covering trending areas in risk management and insurance news.
http://www.program-central.com/

 

Case of the Quarter:
Thomas v. Howard, MD
Written by
PRMS

The “Case of the Quarter” column is a sample case study that highlights best practices in actual scenarios encountered through PRMS’ extensive experience in litigation and claims management.  Specific names and references have been altered to protect clients’ interests.  This discussion is for informational and education purposes only and should not be relied upon as legal advice.

Read more...
 

Psychiatric Claims by Cause of Loss - New York 2003-2013.


Click here to view graph.
 

Risk Management Tips from PRMS

 

Quarterly Risk Management Tip for Residents
Practical Pointers for Managing Risk When Treating Patients with Suicidal Behaviors


Written by 
PRMS
 

1.      Include specific exploration of suicidal potential in examinations at the outset of treatment and at other points of decision during treatment. Suicidal potential should be re-assessed at least: 1) whenever there is an incidence of suicidal or self-destructive ideation or behavior; 2) when significant clinical changes occur; 3) when any modification in supervision or observation level is ordered; and 4) at the time of discharge or transfer from one level of care to another.  Based on these reassessments, make adjustments to the treatment plan as needed.

Read more...
 

Defining the Standard of Care

Written by 
PRMS
 

Q.  I know my patient care must always meet the standard of care, but how exactly is the standard of care defined and determined?

A.  The exact definition of standard of care varies by state, but generally, it is the degree of skill, care, and diligence exercised by members of the same profession or specialty practicing in light of the present state of medical science.  It is important to keep in mind that the standard of care does not mean optimal care, but includes a range of acceptable treatment options.

Read more...
 

Tutorials Offered by PRMS

PRMS has developed a series of short tutorials in an effort to educate psychiatrists and other behavioral healthcare professionals in the areas of insurance, risk management, and claims.

Insurance 101 – Harland Westgate, JD Explains the Basics of Multi Party Litigation - http://youtu.be/Ub9FKPHPofE

Six Things You Can Do Now to Avoid Being Sued LATER with David Cash – http://youtu.be/OQwjNzetxag