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5 Questions to Ask About your Cyber Security Insurance to Reduce Losses After a Cyber Attack

Written on November 10, 2016 at 7:57 pm, by

Cyber security placed first in a list of emerging casualty risks among insurance buyers according to a survey of 135 insurance professionals conducted by London-based specialty lines broker RKH Specialty. 70 percent of respondents put cyber risk in the top spot. According to a Best’s News Service Article* about the survey, healthcare and retailers have  Continue Reading »

5 Long Term Care Facility Risks You Don’t Think About That Can Cost Millions

Written on October 21, 2016 at 5:44 pm, by

When it comes to risk management in long term care facilities, leadership may focus on clinical risks, such as medication errors or physical safety risks such as falls – but there is a broad spectrum of risks that can lead to lawsuits. The long term care experts from Ultra’s risk management partner OmniSure Consulting Group  Continue Reading »

5 Reasons Your Healthcare Client Should Have Cyber Liability Insurance

Written on October 19, 2016 at 7:42 pm, by

Imagine this nightmare scenario – you’re a retail insurance broker who specializes in healthcare and one of your clients calls in a panic to say that there has been a data breach in their six-office dermatology practice – a thumb drive was lost or stolen and it contained personal information for 2,200 patients. They’re coming  Continue Reading »

5 Common Mistakes Made by Healthcare Facilities after a Cyber Breach

Written on October 13, 2016 at 4:30 pm, by

Most healthcare entities do not have a plan in place to respond to and handle a cyber breach. There is a lot of confusing information going around – by people who may not be experts. Here are the most common errors made by healthcare organizations when secure data is compromised: Mistake #1 Hiring an attorney who lacks  Continue Reading »

5 Steps Healthcare Providers Can Take to Protect Their Computer Systems

Written on September 13, 2016 at 7:04 pm, by

As the healthcare industry adopts electronic medical records and increasingly relies on technology, providers and facilities face new challenges in protecting patient information and minimizing their exposure to cyber risks. The healthcare industry is the most targeted and the least prepared industry when it comes to cyber attacks. Criminal hacking is now the leading cause  Continue Reading »

5 Dangerous Misconceptions About Cyber Liability Exposures

Written on September 11, 2016 at 5:32 pm, by

Misconception #1 Cyber breaches are mostly a result of foreign offshore sophisticated hackers who are only targeting large retail and healthcare systems. In reality, the most common types of breaches are: Lost, stolen or missing electronic assets Improper disposal of data Paper documents not shredded File cabinets with sensitive contents Prescription bottles X-Ray images Electronic  Continue Reading »

Top 5 Reasons Doctors Become “Non-Standard Physicians”

Written on August 19, 2016 at 7:04 pm, by

Non-standard physicians and surgeons are practicing doctors who have had claims frequency or severity issues, board actions or have been previously or are currently on probation. It can often be difficult for non-standard physicians to find affordable malpractice insurance coverage because they are considered a higher risk by insurance companies. Typically, a doctor remains in  Continue Reading »

5 Common Allegations Used in Home Healthcare Lawsuits

Written on August 9, 2016 at 4:26 pm, by

The demand for home health care businesses is growing – especially as baby boomers become part of the elderly population. A lot of people, regardless of age, prefer having services provided in their home if they’re required to receive ongoing care versus going to a nursing home. Taking care of people in their homes also  Continue Reading »

5 Tips for Reducing the Risk of Lawsuits for Outpatient Medical Facilities

Written on July 14, 2016 at 10:45 pm, by

Outpatient medical facilities offer medical services, procedures and tests that can be performed without an overnight stay. These types of facilities include ambulatory surgery centers, imaging facilities, dialysis centers and physical therapy centers to name a few. Patients often have the perception that physicians work primarily for the outpatient center, though often this is usually  Continue Reading »

5 ways doctors violate HIPAA regulations without knowing it

Written on July 13, 2016 at 8:02 pm, by

In the age of laptops, smart phones, social media, and text messaging, stringency around patient privacy must be a constant consideration for physicians. Here are the top five ways doctors violate HIPAA regulations without knowing it and steps they can take to decrease the occurrence of a HIPAA violation. #1: Texting patient information – We  Continue Reading »