Healthcare Finance NewsHealthcare Finance News
TwitterFacebookLinkedIn
  • Home
  • Topics
    • Capital Finance
    • Claims Processing
    • Community Benefit
    • Election 2012
    • Enterprise Content Management
    • Enterprise Resource Planning
    • ICD-10
    • Information Technology
    • Medical Banking
    • Policy and Legislation
    • Quality and Safety
    • Reimbursement
    • Revenue Cycle Management
    • Supply Chain
    • Workforce Management
  • Issues
    • May 2012
    • April 2012
    • March 2012
    • Jan/Feb 2012
    • December 2011
    • November 2011
  • Webinars
    • Upcoming Webinars
    • On Demand Webinars
  • White Papers
  • Blog
  • Jobs
  • Buyer's Guide
  • RSS
  • Press Releases
  • Slideshows
  • Videos
  • Podcasts
  • Supplements
  • Survey Analyses
  • Newsletters
  • Advertise
  • Login
  • Register
  • SUBSCRIBE
    • Newspaper
    • Email Newsletter
Home » News
Receive News By Email

  • del.icio.us
  • Digg
  • StumbleUpon
  • Reddit
  • Facebook
  • Google
  • RSS Icon
  

Analysis: Medical malpractice payments continue to fall

March 10, 2010 | Chelsey Ledue, Contributing Editor

Suggested Content

  • Women in Healthcare: Cathy McMorris Rodgers
  • Charitable pledges to hospitals slow, jeopardize future fundraising
  • CMS gives consumers data on infection rates in hospitals
  • Chronic illness reaching crisis proportions
  • Over-the-counter medicines save $102B annually
  • Economy puts damper on national healthcare spending growth
  • 4 states join forces in fight against chronic disease
  • Healthcare prices continued to rise in November
  • Hospitals pay a price for nursing strikes

WASHINGTON – Fewer medical malpractice payments were made on behalf of doctors in 2009 than any year on record, according to the National Practitioner Data Bank.

This finding contradicts claims that medical malpractice litigation is to blame for rising healthcare costs and that changing the liability system to the detriment of patients will not curb costs.

The value of malpractice payments was also the lowest since 1999. Adjusted for inflation, payments were at their lowest since 1992, a Public Citizen analysis of the NPDB shows.

According to the analysis, healthcare spending rose 83 percent from 2000-09, while medical malpractice payments fell 8 percent (both figures are in unadjusted dollars.)

A total of 10,772 payments were made on behalf of doctors in 2009, totaling $3.49 billion. That figure equals 0.14 of 1 percent of the Centers for Medicare and Medicaid Services’ estimated $2.5 trillion in overall U.S. healthcare spending for 2009.

Last year was the fifth consecutive year that the number of payments has fallen and the sixth straight year in which the value of payments has fallen, according to the analysis. In contrast, U.S. healthcare costs have increased every year since 1965, the first year the data was recorded.

Studies have found that injuries and deaths caused by medical errors dwarf the number of actual medical malpractice payments. For example, the Institute of Medicine found in 1999 that 44,000 to 98,000 people die every year due to avoidable errors.

Proposals to set up alternative “health courts” that theoretically would compensate a greater percentage of patients in a less adversarial setting are misguided, according to Public Citizen, which said such a system would cost several times as much as the status quo if administered fairly. The only way to save money would be to impose draconian limits on compensation, according to Public Citizen.

“Litigation accounts for a miniscule fraction of health costs, small enough to be a rounding error,” said David Arkush, director of the Public Citizen’s Congress Watch division. “It is ridiculous that certain members of Congress continue to obsess about this greatly exaggerated problem. They should know better, and they should focus instead on fixing real problems like the crisis of preventable medical errors.”

Related Topics:
  • U.S. healthcare
  • Washington

Reader Comments (18)Login to Post a Comment

marusca91 says: Re: Thank you for your
February 09, 2012 | 6:45PM GMT

The only way to save money would be to impose draconian limits on compensation, according to Public Citizen. ben 10

Jsparco says: Glad to see decline
November 14, 2011 | 10:34AM GMT

Doctors do the public a service. They try, as best as they can - to help us. I'm not a fan of many malpractice suits. However working with doctors in Florida, I understand the requirement of having Medical Malpractice Insurance. If nearly 100,000 people are dieing of avoidable errors, it would make sense that by utilizing a service, you are suppose to be given certain assurances. It's business, just like any other. And hospitals charge a premium for it.

BradleyClemmer says: Toronto Escorts
October 01, 2011 | 12:14PM GMT

I am very much happy for using the great technology is visible in this blog that to sharing the great services in this blog.

anna says: Good day!
August 05, 2011 | 10:56AM GMT

An excellent article reflecting the real state of things! I kept custom writing paper about it.

darrensy says: Thanks for taking the time to
August 05, 2011 | 8:44AM GMT

Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.
Thanks
Darren

flimos says: Hi, With reference to the
July 31, 2011 | 5:34PM GMT

Hi,

With reference to the above subject, yes, I do agree that it is time some sort of action needs to be taken, so as to give the patient the confidence that he is in the right hands apart from that of his Physician.

The last sentence is apt, which reads as "They should know better, and they should focus instead on fixing real problems like the crisis of preventable medical errors.”

angelflirtm says: With a current policyholder
May 12, 2011 | 10:02AM GMT

With a current policyholder count of 14,224, TMLT insures more physicians in Texas than any other carrier and has reduced rates four times: 12 percent in 2004, 5 percent in 2005 and 2006, and 7.5 percent this year. Policyholders will also receive a 20-percent dividend this year.

Since 2003, TMLT has reported a premium video savings of nearly $139 million and has returned dividends of 25 percent, amounting to nearly $45 million. These dividends were declared in 2005 and 2006 for return to policyholders in 2006 and 2007. And claims intake has dropped. (See "TMLT Claims Intake, 2000-06.")

hakunam says: The only reason in the State
April 27, 2011 | 10:25AM GMT

The only reason in the State of Texas that Malpractice rewards & premiums have decreased is because in 2003 we passed tort reform with caps on non-economic damages. The result is less litigation because lawyers cannot make their many dollar 50%plus expenses.Relative vids
Unfortunately, all doctors still practice defensive medicine because of the fear of delay in diagnosis lawsuit claims(C.Y.A.)

Rendel says: Thanks
April 20, 2011 | 5:19AM GMT

I do agree that it is time some sort of action needs to be taken, so as to give the patient the confidence that he is in the right hands apart from that of his Physician.

The last sentence is apt, which reads as "They should know better, and they should focus instead on fixing real problems like the crisis of preventable medical errors.” Premium Wordpress Themes

Regards.
Rendel

Anne28 says: Yes I Agree
July 09, 2011 | 1:47AM GMT

yes exactly Rendel i really do agree with you bout this-->I do agree that it is time some sort of action needs to be taken, so as to give the patient the confidence that he is in the right hands apart from that of his Physician.

The last sentence is apt, which reads as "They should know better, and they should focus instead on fixing real problems like the crisis of preventable medical errors.” Premium Wordpress Themes

Best Regards
Anne:)
affiliate marketing

  • 1
  • 2
  • next ›
  • last »

Most Popular

Latest Headlines
Most Popular
  • 3 ways to optimize your hospital's HVAC performance
  • The big payoff from wellness and prevention
  • Wellness emerges as a real estate strategy
  • 10 key factors to weigh when buying cyber insurance
  • 5 ways to make the most out of a group purchasing organization
  • Analysts see M&A activity steady, not supercharged
  • National Alzheimer's plan released
  • AMA offers online tool for physicians to assess driving ability of older patients
  • Moody's: More U.S. healthcare companies poised to initiate dividends
  • R.I. hospitals contributed $6.3B to state's economy in 2010

WEBINARS AND WHITE PAPERS

  • WHITE PAPERS
    The Scarborough Hospital: Establishing a Document Management Strategy for EHRs
  • WHITE PAPERS
    Sharp HealthCare: Growing Content Management into an Enterprise Strategy
  • WHITE PAPERS
    Deceased Patient Receivables: Four Factors for Successful Recovery
  • WHITE PAPERS
    Driving Meaningful Use of Enterprise Content Management
  • WHITE PAPERS
    IDC Study: Better Patient Care...Virtually There
More Resources
Syndicate content

HEALTHCARE FINANCE JOB SPOT

  • Assistant Director, Grants Compliance & Costing - NYU Langone Medical - New York, NY
  • Revenue Value Units (RVU) Coordinator - NYU Langone Medical Center - New York, NY
  • Financial Analyst - Decision Support - NYU Langone Medical Center - New York, NY
  • Outpatient Coding Auditor - GA - HIM Connections, Inc. - Atlanta, GA
  • Senior Internal Auditor - Health Management Associates, Inc. - Naples, FL
more jobs

Marketplace

Follow Healthcare Finance News on TwitterFan Healthcare Finance News on FacebookJoin Healthcare Finance News on LinkedInRSS Subscriptions
Digital EditionBlogEvents
JobsMobile SiteMobile App
 
Healthcare IT News Government Health IT EHRWatch Healthcare Payer News HITECHWatch ICD10Watch mHIMSS PhysBizTech NHINWatch
©2012 MedTech Media Healthcare Finance News is a publication of MedTech Media
Subscribe Advertise About Us Privacy Policy