Starting or joining a private practice is an exciting time, but it can also be risky. An essential way to protect your professional reputation and reduce risk is to obtain comprehensive medical professional liability insurance. In this post I will address some important steps you can take to help create and maintain a successful practice. Build good relationships If you are ent ...
Private Practice on the PRMS Blog
Are you on the market?
Doctors in every specialty today are wrestling with a key question: What is the price of independent practice, and is the price worth it? Increasingly, their answer is “The price is too high; I’m ready to sell.” A recent article in Medical Economics (free registration required) highlighted the issue: Independent Physician: 6 steps you can take to remain independent – for now (A ...
6 reasons to call underwriting
A guest blog by Remy Palumbo, Senior Underwriter Many of us have a tendency to purchase insurance and then set aside our policy hoping to never need it. Of course sometimes “life happens” and as a result, there are times when you’ll want to provide the underwriter of your medical professional liability insurance carrier with updates. A few of these include: 1) When your maili ...
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