From the category archives: Insurance Protection Blog

Director & Officers Insurance

Growth in the physician market.

Where can a physician look to make money? Obviously, reimbursements are cut from private payers to government agencies, from managed care organizations to medicare, physicians are being asked to work harder and provide more services for less dollars. Consequently, physicians are taking work in other areas to enhance their net pay. There are, of course, medical malpractice insurance ramifications in this area. The five common areas we see physicians taking on extra work in order to retain a challenging practice with the chance to increase their net pay are the following: Concierge Medical  Practices Utilization Review for State’s Workers Compensation Medical Director for Nursing homes, Medical Homes, Surgery Centers and Medispas Investing in Surgery Centers Independent Contractor work for Hospitalist groups Telemedicine Consultations. According to Crittenden, Physicians are moving to the concierge model very quickly in an ...
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