Industry Insights

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Cyber Security and HIPAA Compliance

June 09, 2017 | By: Michelle Bilsky, LHRM

Cyber Threats have become a serious issue in healthcare IT over the past few years.  Every day there are attempts to break into secure computer environments in order to either ransom the owners' information to themselves or just to steal that information and sell it to someone else.  Medical records go for about $60 per record (that’s what the hacker is paid by the buyer) whereas simple credit card records go for about $10 per record.  The reason that medical records are so valuable is simple – the information doesn’t change.  A person cannot turn off their medical record or change their birthdate, however, we can cancel a credit card and render it useless. For more guidance and materials continue to the full article by clicking below. 


Employed Physicians: Risk Exposure Paradigm

April 20, 2017 | By: Tim Bone, MedMal Direct Chief Claims Officer

Recent medical school graduates and/or seasoned providers are increasingly made aware of the option to work as a hospital employee; under this employment arrangement, it is important to consider professional liability exposure. From the purchase of a physician’s “tail” coverage to the choice of captive versus commercial coverage, or the joint defense of a lawsuit, all aspects of these essential components of this new risk exposure paradigm must be considered from the point of view of both the physician and hospital.