Healthcare Cyber Risks and Privacy Breaches: Emergent Problem or Chronic Condition?

Theodore J. Kobus, III, Esq., partner at Baker & Hostetler LLP and moderator of the 2011 PLUS International Conference session entitled “Healthcare Cyber Risks and Privacy Breaches: Emergent Problem or Chronic Condition?” discusses cyber risks in the healthcare sector.

Study: Only 1 in 5 Medical Malpractice Cases Pay

A study from the New England Journal of Medicine revealed that only 1 in 5 malpractice claims against doctors leads to a settlement.  Other things that the study found:

  • About 7.5 percent of doctors have a claim filed against them each year. That finding is a little higher than a recent American Medical Association survey, in which 5 percent of doctors said they had dealt with a malpractice claim in the previous year.
  • Fewer than 2 percent of doctors each year were the subject of a successful claim, in which the insurer had to pay a settlement or court judgment.
  • Some types of doctors were sued more than others. About 19 percent of neurosurgeons and heart surgeons were sued every year, making them the most targeted specialties. Pediatricians and psychiatrists were sued the least, with only about 3 percent of them facing a claim each year.
  • When pediatricians did pay a claim, it was much more than other doctors. The average pediatric claim was more than $520,000, while the average was about $275,000.

You can read the article from the AP by clicking this link.