Risk Management

Follow these simple tips to detect-and prevent-financial fraud in your medical practice. 

As some experts warn of another economic downturn, the following financial issues should be part of your recession survival planning.

Medical practices replacing computers and related electronic equipment at year end must carefully manage their disposal to avoid significant liability.

The holiday party season traditionally starts next week, right after Thanksgiving. Consider what your medical practice should and should not be doing at the office party to avoid liability.

If you keep a few basics in mind, it’ll be easy it easy to pick the perfect spot for your next space.

Here are a few things to keep in mind when seeking financing for a new practice location.

Insurance giant Anthem was recently tagged with a $16 million-dollar HIPAA penalty. What can you do to keep your solo or small practice from getting hit?

Yes, you need to delegate some tasks to employees. But as practice owners and administrators, it’s your responsibility to oversee and double check-not blindly sign your name for a whole lot of trouble.

The line between sharing helpful information and “affinity fraud” is very thin when well-meaning friends and colleagues share bad information.

Practices sometimes can’t afford to administer treatment to patients given the risk of denied reimbursement claims.

If not managed correctly, the many details that physician practice owners are responsible for create significant risk. Utilize this article to help you prioritize issues you need to address now to ensure that your medical practice is ready for continued success.

Doctors are paying more attention to building and retaining personal wealth than ever before. Understanding some core legal concepts about protecting assets and managing risks is a key part of that education.

Now more than ever, it’s important to take proactive steps to prevent being sued.

Summer vacations are a lot of fun, but travel presents various risks to your assets and safety. Here is what you need to know to protect yourself and your family.

Physicians have a responsibility to uphold ethical standards and ensure the people they associate with do, too. Otherwise, they risk their reputation being tarnished by association-or worse.

Understand why the “100 deadliest days” could affect physicians and practice staff personally and professionally.

It’s spring, so that means keeping an eye on seasonal exposures, particularly IRA funding, automobile liability, and even medical marijuana business profits.

Here’s how to avoid being a gambler in value-based healthcare.

Regardless of your political position, guns are a reality that physicians must manage like all other medical practice risks.

The recently released SAMSHA Final Rule broadens disclosure rules, while a recent case underscores that inaccurate travel expenses submitted to Medicare result in liability.

Recent news headlines have featured catastrophic asset protection planning failures by doctors and their legal counsel.

Asset protection for physicians takes many forms. Recent events involving sexual harassment are a risk every doctor must protect against.

Before buying life insurance, physicians need to consider a plethora of factors. Here are the most important of the bunch.

A recent kickback case against a spine surgeon and his fiancée underscores the importance of physicians understanding of anti-kickback and Stark laws.

Two recently settled cases can serve as important lessons for physicians on the proper methods of successful asset protection.

With hurricane season in full effect, an asset protection specialist gives his advice on protecting your professional assets in the event of a natural disaster.

This doctor shares her experience from a terrible thunderstorm and what happens when IT systems go down.

A financial expert explains how a physicians financial planning is often different from that of the average American due to complexity and a compressed timeline.

When investing in real estate, there are several common, but often overlooked, practices that physicians should abide by.

It's almost back to school time for most of America. Doctors need to be aware of seasonal issues and manage risks whether they have children or not.