The Doctors Company Claims Team Recognized for U.S. Insurance Award
We are proud to announce that The Doctors Company’s Claims team was named a Business Insurance 2024 U.S. Insurance Awards finalist for Claims Team of the Year.
The recognition highlights the collaboration between our Patient Safety and Claims teams on Diagnosis-Related Medical Malpractice Claims With Indemnities Over $1 Million: Understanding the Primary Drivers. The study was chosen as a finalist for its work in addressing high-indemnity verdicts, an industry-wide concern. “We are honored that our work educating clinicians on high-verdict awards and offering actionable insights to prevent such occurrences in the future was recognized for this prestigious award,” said Deepika Srivastava, Chief Operating Officer, The Doctors Company and TDC Group.
Unlike traditional awards that focus solely on individual achievements, the U.S. Insurance Awards recognize that major achievements are seldom the work of individuals alone but are the result of the talent and dedication of collective teams working on specific projects in the commercial insurance and risk management sectors. “We are honored that our team of experienced Claims experts has been recognized for its outstanding work,” said Ms. Srivastava. “We defend our members relentlessly and support them throughout every step of the litigation process.”
Bob White Discusses Social Inflation in Fortune
In a new article on Fortune.com, Robert E. White, Jr., President of The Doctors Company and TDC Group, discusses how social inflation increases the cost of healthcare. “Medical Malpractice Payouts Are Ballooning—and Insurers Are Warning It Will Cost Patients” suggests that through tort reform, states may be able to contain social inflation’s effects on healthcare costs.
Affirming Our Commitment to Health Workforce Well-Being
On the first anniversary of the National Plan for Health Workforce Well-Being, we reinforced our commitment to health workforce well-being as a founding member of the Change Maker Campaign of the National Academy of Medicine. The national plan provides a roadmap for collective action to address the health worker burnout crisis, strengthen workplace well-being, and restore the nation’s health.
Artificial Intelligence: Insights and Resources
Although artificial intelligence has the potential to be a powerful ally for healthcare professionals, it can also create new patient safety risks.
Explore Artificial Intelligence in Healthcare, a valuable TDC Group resource dedicated to providing guidance, news, and expert insights to help healthcare professionals navigate new technologies.
The Doctor’s Advocate is published by The Doctors Company to advise and inform its members about loss prevention and insurance issues.
The guidelines suggested in this newsletter are not rules, do not constitute legal advice, and do not ensure a successful outcome. They attempt to define principles of practice for providing appropriate care. The principles are not inclusive of all proper methods of care nor exclusive of other methods reasonably directed at obtaining the same results.
The ultimate decision regarding the appropriateness of any treatment must be made by each healthcare provider considering the circumstances of the individual situation and in accordance with the laws of the jurisdiction in which the care is rendered.
The Doctor’s Advocate is published quarterly by Corporate Communications, The Doctors Company. Letters and articles, to be edited and published at the editor’s discretion, are welcome. The views expressed are those of the letter writer and do not necessarily reflect the opinion or official policy of The Doctors Company. Please sign your letters, and address them to the editor.