Thought Leadership

The Medical Professional Liability Market and the Impact of COVID-19

The COVID-19 pandemic hit on the heels of yet another brutal financial reporting season for the medical professional liability (MPL) insurance industry.  Healthcare providers are risking their lives to help others; the last thing they should have to worry about is whether their liability insurer...

Part 3: Déjà Vu: The Return of the Hard Market

The medical professional liability (MPL) insurance market is surprisingly easy to forecast.  Pricing policies remains a challenge, as premium coming in today is used to cover losses often years down the road.  But it doesn’t take an expert to look at the following graph and figure out where things are headed.

Part 2: US Medical Malpractice Insurance: A Brief History

Since peaking around 2007, physician medical professional liability (MPL) insurance rates had been largely declining.  Over the past few years though, most MPL companies have been writing business at a “combined ratio” of more than 100% - meaning that they spend more money than they take in. 

Cross-Examining Watson: How to Sue a Robot

An Appellate Court in NJ recently revisited the affidavit of merit statute, yet again, but this time with a twist. One question before the Court in Skounakis v. Sotillo was whether a physician was qualified to give an expert opinion on a weight-loss treatment suggested by a computer program.

How Blockchain Can Make Patients More Valuable

In 2012, NFL Hall-of-Fame linebacker Junior Seau tragically committed suicide by shooting himself in the chest. He did so to preserve his brain so that his condition, chronic traumatic encephalopathy (CTE), could be further studied. 

Informed Consent vs. Medical Negligence

The Iowa Supreme Court recently decided that it is a factual question under the informed consent doctrine as to whether surgeons need to disclose their experience to patients prior to performing surgeries. 

The Fast Lane to Value-Based Care: Better Bundle Up

If there was any question that US Healthcare’s transition from fee-for-service to value-based would continue under the Trump Administration, the US Department of Health and Human Services’ (HHS) report...

Acadia Professional New Advisory Board

Acadia Professional, LLC (Acadia) announces the establishment of a Value Based Care Risk Advisory Board - the first of its kind in the United States. Advisory Board Members will counsel Acadia on the US healthcare reimbursement system’s transition from fee-for-service to “value-based,” and its impact on healthcare risk.