Practice of Medicine

risk report

Reduce Risk with Data and Advice from MagMutual

On average, a physician spends 10% of their career burdened by the weight of an open, unresolved malpractice claim. An understanding of the risks doctors face in their practice and how to identify and prevent them is a key element in improving patient care and preventing professional liability claims.

To help, MagMutual has developed a risk mitigation report that offers a whole new level of information and advice so physicians can better understand what triggers claims and implement strategies to reduce the likelihood of one. 

The reports discuss the top drivers of frequency and severity associated with specialty-specific malpractice claims, developed from an analysis of MagMutual closed claims data, data from the National Practitioner Databank (NPDB) and actuarial analysis.

Perhaps more important, they also provide effective clinical and non-clinical risk reduction strategies to mitigate the likelihood of a claim. Risk reduction strategies are based on information from experienced physicians in each specialty, analysis of claims data and accepted clinical practice guidelines.

The risk reports are available in 10 primary specialties: cardiology, diagnostic radiology, emergency medicine, family/general practice, gastroenterology, general surgery, internal medicine, obstetrics-gynecology, orthopaedic surgery and pediatrics. More will be introduced later this year.

With the help of our expert advice, you can decrease your exposure and improve outcomes. If you’re interested in downloading a report in your specialty, click on the links below. 

07/22

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Disclaimer

The information provided in this resource does not constitute legal, medical or any other professional advice, nor does it establish a standard of care. This resource has been created as an aid to you in your practice. The ultimate decision on how to use the information provided rests solely with you, the PolicyOwner.