Workplace violence is a phenomenon with which healthcare workers are increasingly confronted. Professional liability insurance company MMIC offers solutions for preventing such acts, as well as resources to help healthcare providers cope when incidents do occur. 
For more than 40 years, Children’s Hospitals and Clinics of Minnesota and the Children’s Heart Clinic have been focused on using innovative techniques to diagnose and treat heart conditions at all points in a patient’s life.
Minneapolis-based medical liability insurance provider MMIC does more than write policies. With competencies in claims analytics, the company uses data-driven research, consultation and education to improve the provision of health care. The recent Surgical Claims Deep Dive project, for example, will help providers avoid litigation while enhancing patient safety.
When I’ve had the opportunity to work with multiple generations of a single family, I’ve found that simply applying basic financial planning strategies often results in significant benefits. In my experience, multigenerational planning most often begins with the middle generation, extends to the third generation, and ultimately incorporates the first (and oldest) generation. Generally, the first generation is the one passing significant wealth on to the next two. What follows is a real-life example of the value of multigenerational planning.
To create a fun and safe environment that patients perceive more as a home away from home than a specialty hospital, Shriners Hospital deploys a creative and collaborative approach to care.
A 46-year-old man presented to the clinic for the evaluation and treatment of multiple dark brown papules that developed on his face over the past several years. He reports that the lesions have been increasing in both number and size over the past four to five years. The patient also reports that several senior members of his family have similar lesions. What’s your diagnosis?
Surgical correction of early-onset scoliosis no longer requires multiple procedures over the course of several years. At Gillette Children’s Specialty Healthcare’s Pediatric Orthopedics program, specialists utilize an advanced magnetic system to deliver a less invasive treatment that enhances the patient’s quality of life.
Breaches of protected, confidential information are occurring with increasing frequency in the data age, but not all instances are malicious in nature. MMIC offers an array of products and services to help ensure your data is secure.
A woman presented with an inflamed, extremely pruritic, patterned rash on her arm approximately three days after having what she was told to be a henna tattoo drawn on her arm at a kiosk at a local shopping mall. What’s your diagnosis?
When situations requiring serious medical intervention occur, it is important that a patient has a team of loved ones and financial experts who carry out the patient’s personal wishes and act as advocates for his or her best interests.
The proliferation of physician stress and burnout within the medical community warrants concern. With the inevitable stress that accompanies the holiday season, it’s even more important to recognize the signs of burnout and take steps to prevent it.
In last month’s issue, I discussed general strategies for philanthropic giving and introduced readers to the concept of a Donor Advised Fund (DAF). The next step for some physician philanthropists might be to start a private foundation. This is a big step that not only requires an astute understanding of the rules governing foundations, but also organizational and management skills. For many physicians, taking on the additional burden of starting and running a foundation can be a daunting task. I typically suggest that physicians consider starting a private foundation only after they first acquire grant-making skills, solidify their long-term gifting strategy and determine if a private foundation is the right fit for their families.
By the time you read this, ICD-10 will be a reality. Will it be as bad as the hype? For some of you, unfortunately, the answer might be yes. For those of you who have done a better job of preparing, it will be a huge annoyance at best. Use these strategies to help your medical practice protect revenue and focus on specific areas that have the greatest impacts on your bottom line.
A ruptured aortic aneurysm is a life-threatening condition requiring immediate treatment. But the need for emergent care can be avoided with early identification and preventive therapy. The recently opened University of Minnesota Health Aortic Center leverages the most innovative technology, including a state-of-the-art hybrid operating room (OR), staffed by experienced specialists to provide the full spectrum of care, from preventive screening to emergent surgical intervention.
Emerging employment trends indicate that clinics, hospitals and post-acute care facilities are increasingly utilizing the services of advanced practice providers (APPs) — or nurse practitioners (NPs) and physician assistants (PAs). As the composition of the traditional medical team shifts, it’s critical to consider how this affects patient safety and facility risk management.
In my role as a financial advisor, I have the privilege of discussing philanthropic giving with my clients as part of their estate planning. In many cases, as an individual’s wealth grows and he or she begins to realize a certain level of financial independence, so does the desire to explore gifting opportunities. While clients typically articulate numerous reasons to begin a gifting program, in my experience, they generally want their donation to serve as a reflection of their values and life perspective.
Every industry has comparable revenues and expenses that determine what prices can be set for a business to create an expected profit margin. However, healthcare is different. A medical practice provides a service, but then has to wait to see what it will get paid.
Expansion of Southdale Medical Center in Edina opens 57,000 square-feet of medical office space in one of the best medical-practice locations in the Twin Cities.
With a new facility meticulously designed to optimize care, expand capacity and enhance patient comfort, Regions Hospital Rehabilitation Institute continues a nearly 60-year legacy of delivering the highest standards of inpatient and outpatient care.
When physicians are involved in a medical professional liability claim or lawsuit, MMIC’s multilayered, holistic approach provides extensive support while addressing physicians’ personal and professional needs.