As 2021 comes to a close, I wanted to provide you with a healthcare professional liability (HPL) forecast for the medical services industry. The HPL space has been in a firming trend for nearly two years now, and that trend will continue. The next six to twelve months will be challenging, and Ethos is ready for it.
Common Pandemic-Related Questions About your Malpractice Insurance
COVID-19: How to Address Your Staff and Patient Concerns
As the COVID-19 pandemic spreads throughout the world, the level of uncertainty is constantly increasing. And while there is much to consider for medical practices, one particular area that requires extra attention during this time is the welfare of your staff and your patients. In a time of crisis like this, it’s important to remember and recognize the basic mission that the practice was created upon: To keep people healthy. This is one of the important things to keep in mind as you make any upcoming decisions.
Steps to Take When Handling Closures and Layoffs During the COVID-19 Pandemic
In light of the COVID-19 pandemic, many physician practices are trying to figure out how to handle their contracts with their employed physician(s) and staff. Not all practices have been required to close but many have canceled or postponed elective procedures and non-emergency visits. Even those who are still continuing to practice and offer patient services are experiencing considerable reductions in the number of patient visits and revenue.
