Our team of Healthcare specialists is always focused on keeping a pulse on the industry and key issues. As we discover relevant information about hot topics and trends, we will share it with you here in our resource area to help keep you informed.
Latest Hacks Highlight Shortcomings in Cyber Practices in Big Pharma [ Whitepaper]
Biotech and pharmaceutical companies hold sensitive data and information that are crucial to their businesses and that are vulnerable to attack and theft through cybercrime. As cyber risk continues to evolve, expertise is vital. Download the whitepaper below to find out more.
Cyber Risk News - February 2018 [ Article]
In this issue, cyber in M&A; upcoming cyber webinars; the increase in cyber extortion; Attempts at federal breach laws; banks sue retailers over breach costs; and biometrics.
Is My Staffing Adequate? [ Whitepaper]
These are questions every person working in the Senior Living industry has asked. Staffing has become one of the biggest challenges encountered in the senior housing industry.
Medical Device Cybersecurity [ Whitepaper]
The world of cyber risk continues to develop and expand since our May 2016 paper on Medical Device Cybersecurity. The threat of ransomware has come to the forefront as demonstrated by global attacks such as Wannacry2 and Petya. These attacks show how hackers have become more sophisticated in their ability to use malware to exploit vulnerabilities in systems, hardware and devices, as well as highlighting the vulnerabilities of devices and systems that, through their lack of patching and support, and outdated operating systems, are exposed to hacking, worms, etc., that can affect patient safety, system security and data integrity.
Risk Management Workshop [ Event]
Risk Management Workshop going over topics such as Workers Compensation, CORE360, Management Liability and Healthcare Reform.
First Quarter 2017 Real Estate and Hospitality Market Update [ Market Report]
Professional Liability is becoming more complicated by the day and it’s not just the owners/managers who are concerned, but also many attorneys and generic insurance agents don’t understand the exposures and the options. Given the personal nature of the liability for the owner/manager, we cannot stress enough the importance of working with a specialist.
Medical Professional Liability Risks of Telemedicine [ Whitepaper]
In the near future, we anticipate that any telemedicine specialty that runs a risk of failure to diagnose a serious disease coupled with the probable lack of a longstanding provider-patient relationship could lead to increased liability losses.
A Change in Brokers Meant a 30 Percent Savings for one Radiology Practice [ Case Study]
A large radiology practice with multistate teleradiology exposure found its operations expanding, translating into an increase in claims activity and malpractice renewal premium increase of 35%. Cost containment was critical, but the organization did not want to sacrifice coverage. Additionally, with the expansion into new territories, the healthcare organization wanted to ensure it had all the proper coverage in force.
Insuring Your Reputation [ Whitepaper]
An organization’s reputation takes years to build. But every company is only one disaster away from a temporary financial downfall or in some cases, permanent financial ruin. The risk of reputational harm is a common thread across every industry. This Whitepaper discusses some examples of companies that have experienced reputational harm.
Equipment Maintenance Alternatives in Healthcare [ Whitepaper]
Extended warranties and maintenance agreements provide piece of mind when purchasing new equipment. But with high profit margins and large commissions for the sales rep, are they really a good deal?
Humidity Levels in Surgical Settings: [ Whitepaper]
Recently, risk managers around the country have been called into internal discussions regarding “relative humidity" (RH) requirements in a surgical setting or operating room (OR). There have been a number of questions and conflicting interpretations of standards concerning this topic. Many hospitals are following the “categorical waiver” which was granted by the Centers for Medicare and Medicaid Services in March 2012 - allowing for the reduction of RH from at least 35% to 20% with levels adjusted in various procedure and surgical scenarios. What should you be doing?
Healthcare: The Financial Impact of a Data Breach [ Whitepaper]
Re-Release: As healthcare organizations become increasingly exposed to risks from data security breaches involving protected health information (PHI) or personally identifiable information (PII), it is important to understand the risks and their origin.
A Cost-Effective Plan for Managing Violence in the Kidney Care Setting [ Whitepaper]
Healthcare workers face an increased likelihood of being a victim of workplace violence, as compared to workers in other industries. According to OSHA, healthcare facilities, including kidney care facilities, must have procedures in place to train staff on proper responses to such disturbances to reduce the risk of violence, injury and even death to staff members and patients. This paper identifies strategies and tools for managing security risks with minimal associated costs.
Social Media and Healthcare: Best Friends or Worst Enemies? [ Whitepaper]
The social media revolution has affected every industry, yet it poses unique challenges for the healthcare sector. Given the presence of social media in the workplace, this can make protecting patient information and other confidential data extremely difficult for healthcare providers.
How to Combat Adverse Medical Opinions in Workers Compensation [ Newsletter]
Too often the Independent Medical Exam (IME) process does not fairly represent the employer in the claim arena. A simple IME process does not get the job done. It is important to find a physician consultant who understands the legal dilemma and is able to give employers more control over their claims’ destiny in spite of seemingly overwhelming odds. A physician consultant is familiar with the way doctors think and knows when they are being less than honest or do not have adequate or truthful information.
Investing in a Medical Home [ Whitepaper]
Marketplace factors and economic forces are coming together to position medical homes at the center of the U.S. healthcare delivery system, creating efficiencies that help produce a healthier population and reduce expenditures to contain costs.
The Accountable Care Journey: Getting Started [ Whitepaper]
A productive environment for accountable care starts with a comprehensive and robust data warehouse that tracks claims data as well as financial, engagement and quality data.
The Risk of Duplicate Patient Records [ Whitepaper]
An issue of growing concern for hospitals and healthcare providers is duplicate patient records within their Master Patient Index (MPI). This situation increases the risks of poor patient outcomes and medical malpractice liability.
Accountable Care Organizations: Insurance Ramifications [ Whitepaper]
A key issue in health reform is striking a balance between healthcare costs and quality health care. One tool to achieve this is the use of accountable care organizations (ACOs) in both traditional Medicare programs and private insurance programs. Whether or not ACOs will proliferate in the future is unknown, but there could be risk management ramifications to their structures.
Healthcare Newsletter June 2018 [ Newsletter]
In this issue, large employment practices awards that include substantial punitive damages; criminal convictions under HIPAA; False Claims Act settlements inside and outside healthcare; the EU GDPR is in force and can affect US entities; and the Supreme Court’s decision on arbitration agreements.
Healthcare Newsletter May 2018 [ Newsletter]
In this issue, Yahoo pays $35m penalty; employees responsible for 53% of breach incidents; CA AG antitrust action; cyber derivative suits against directors; is compliance worth the money; income inequality; and various cyber updates for healthcare.
Healthcare Newsletter March 2018 [ Newsletter]
In this issue, False Claims Act review; EU GDPR and US entities; M&A reporting thresholds; the reporting of the ratio between CEO salaries and median employee salaries; and yet another large OCR fine for non-compliance with basic HIPAA requirements.
Healthcare Newsletter January 2018 [ Newsletter]
In this issue, mergers, acquisitions and antitrust; political risk around the world; upcoming cyber webinars; updates on OCR and FCA penalties; the increase in cyber extortion; and physician ratings.
Healthcare Newsletter November 2017 [ Newsletter]
In this issue, the DOJ continues to pursue individuals under the False Claims Act; biometrics in privacy actions; hospital M&A continues unabated; how the EHR contributes to medical malpractice claims; and an update of ERISA liability and fiduciary liability insurance.
Second Opinion is a monthly newsletter for the healthcare industry.
Second Opinion - What’s Missing in Your Workers Compensation Program? [ Newsletter]
Every year during budget planning and insurance renewal season, hospital executives grapple with increasing workers compensation costs. Directors and managers are asked to do what they can to lower expenses. Staff members listen as the hospital’s Safety Officer or Occupational Health Nurse explains the costs of injuries and maybe even shares the organization’s workers compensation loss experience.
Second Opinion - Ransomware [ Newsletter]
In the first quarter of 2016, we saw a large increase in ransomware attacks across the United States. According to the Federal Bureau of Investigation, victims of ransomware paid $209 million in ransom in the first three months of this year alone — more than 10 times the amount paid in all of 2015.
Second Opinion: Recent Legislation Doubles Civil Monetary Penalties for Violations of False Claims Act [ Newsletter]
The United States Government continues to invest heavily in pursuing billing errors and healthcare fraud. The False Claims Act (FCA) is the government’s primary civil remedy to combat false claims for government funds and property under government contracts and government-funded programs such as Medicare, Medicaid and TRICARE.
Healthcare Reform FAQs [ Article]
Are you overwhelmed with all the details of healthcare reform? As regulations are issued, you may need further clarification. Gallagher has compiled an extensive list of frequently asked questions with answers provided by our compliance experts. Sections of the FAQs include Employer Responsibility, Individual Responsibility, Taxes and Subsidies, and Miscellaneous. Updated July 2018.
Healthcare Reform: An Analysis of the Impact on Healthcare Providers [ Whitepaper]
Healthcare reform is going to change the payor mix. It's important for providers to create an action plan to better understand who their customers will be, what these customers want and how to deliver outcomes to meet those expectations.
Healthcare Reform Update - May 8, 2018 [ Healthcare Reform Newsletter]
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download the May 8, 2018 release here.
Healthcare Reform Update - February 14, 2018 [ Healthcare Reform Newsletter]
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download the February 14, 2018 release here.
Healthcare Reform Update - January 23, 2018 [ Healthcare Reform Newsletter]
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download the January 23, 2018 release here.
Healthcare Reform Update - December 27, 2017 [ Healthcare Reform Newsletter]
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download the latest release here.
Healthcare Reform Update - December 22, 2017 [ Healthcare Reform Newsletter]
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download the latest release below.
2015 Updated - Gallagher Higher Education Think Tank Study: Infectious Disease Emergency Protocol for Colleges and Universities [ Whitepaper]
Even in a modern world of advanced health care, it is distressingly easy to encounter infectious disease conditions that might present a college or university campus with challenges including recently reported U.S. cases of Ebola and measles. For these reasons among others, we felt it was time to update and re-release our 2006 Gallagher Higher Education Think Tank Study - Blueprint for Pandemic Flu with new information.
Ebola: Preparation Continues to be Key [ Article]
Healthcare leaders and organizations around the country continue to closely monitor recommendations from the (Centers for Disease Control) CDC and actively plan training programs in response to the Ebola threat. An important step in this process is to ensure healthcare teams are actively managing and maintaining the resources and systems we have designed into our facilities to manage these risks. This paper will offer recommendations for such considerations.
Risk Management Safety Insight - Ebola and Employer Liability Issues [ Risk Management Safety Newsletter]
There are many risks and liabilities being evaluated with the reporting and spread of the Ebola hemorrhagic virus (EHV) - also known as the Ebola Virus Disease (EVD) World health organization, the media and other federal government entities are aggressively working to find more answers and possible solutions. The United States has only had several cases of the virus, but that hasn't prevented many medical officials from raising concerns about when or if the disease surfaces in more cases and populated common areas in the U.S. How does this issue possibly this impact employers?
- Medical Group Management Association (MGMA)
- American Society for Healthcare Risk Management (ASHRM)
- Healthcare Financial Management Association (HFMA)
- American Society for Healthcare Human Resource Administrators (ASHHRA)
- Professional Liability Underwriting Society (PLUS)
- American College of Emergency Physicians (ACEP)
- American Association of Ambulatory Surgery Centers (AAASC)
- Emergency Department Practice Management Association (EDPMA)