Physicians face new liabilities during the pandemic

“Cybersecurity is patient safety” and the continued downstream implications for the use of PHI for other unlawful purposes including insurance fraud and predatory practices targeted at minors are significant.

Peter H. Reilly, North American health care practice leader and chief sales officer at HUB International, joins the show to discuss risks that medical practices face in the year ahead.

An effective compliance program can and does mitigate liability, so it's important to stay abreast of regulatory changes.

Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.

These core principles should be adopted into any covered entity or business associates’ policies and procedures.

Given that the health care sector tops the FBI's list as the top target of ransomware, it is not a surprise that the Senate has a bill on the table to increase minimum cybersecurity standards.