The landscape of healthcare litigation and insurance underwent a transformative overhaul in California with the introduction of the AB 35 MICRA Reform. As we navigate through the complexities of this pivotal legislation, its profound implications on the frequency and severity of medical liability claims have begun to crystallize. This deep dive aims to unravel the
Read More...
Welcome back to our series, where we continue to explore the intricate balance between safety and hospitality in senior living communities. In Part 1, we delved into operational strategies to secure your facility against risks posed by visitors and vendors. In this installment, we’ll focus on the essential foundation of formal policies and procedures, which
Read More...
In the world of senior living communities, the challenge of safeguarding residents while maintaining a warm, welcoming atmosphere for visitors and vendors is more critical than ever. Recent alarming statistics have revealed a surge in security incidents across senior living facilities nationwide, including assaults, thefts, and trespassing. Drawing upon my experience as a seasoned insurance
Read More...
In the realm of assisted living, a resident-centric care philosophy serves as both a guiding light and a legal cornerstone. It’s the linchpin that cultivates trust, empowers families, and keeps legal intricacies at bay. As the guardians of residents’ well-being, administrators and staff must master the art of balancing compassion with compliance. In this comprehensive
Read More...
As a healthcare service provider, you know that insurance coverage is a critical aspect of protecting your practice and ensuring its long-term success. However, the challenge of high insurance rates can create financial burdens, making it difficult to find the right balance between comprehensive coverage and manageable costs. At Liberty Insurance, we understand the unique
Read More...
Authors: Clint Tripodi, Senior Vice President (National Human Capital Management Practice Leader), The Liberty Company Insurance Brokers & Tim Mooney, Senior Vice President (National Healthcare Services Practice Leader), The Liberty Company Insurance Brokers. In the dynamic world of healthcare services, organizations are awakening to the profound role that insurance programs can play in shaping their
Read More...
As a healthcare provider, you understand the significance of having the right insurance coverage to safeguard your practice, patients, and assets. However, the rising costs of insurance can be a considerable challenge, making it difficult to strike the balance between comprehensive coverage and budget constraints. The Importance of Healthcare Business Insurance Healthcare business insurance is
Read More...
As a healthcare service provider, your organization’s mission revolves around providing quality care and ensuring the well-being of your patients. Amidst these noble objectives, it is essential not to overlook the significance of well-managed healthcare contracts. Strong, well-written agreements act as a critical safety net, safeguarding your organization from liability exposures and potential legal pitfalls.
Read More...
In the realm of healthcare services, where the well-being and quality of life of residents are paramount, it is crucial to recognize and safeguard the rights of individuals receiving care in long-term care and aging services facilities. This blog post sheds light on the significance of resident rights and emphasizes the responsibility of facilities to
Read More...
As we step into a post-COVID era, the skilled nursing and healthcare insurance industry is facing a unique set of challenges. The combination of below-average occupancy rates, rising nursing wages, inflationary pressures, and increased insurance costs has resulted in negative industry-wide operating margins. In particular, workers’ compensation costs have become a significant area of concern,
Read More...