Posts Tagged ‘Medical Malpractice’

Medical Mutual to Pay $75,000 Fine

Sunday, May 10th, 2009

Image Source: www.sxc.hu

Medical malpractice insurer Medical Mutual Insurance Co. has agreed to pay a $75,000 fine in settlement to the allegations that the company violated state law by investing in real estate partnerships for the sole purpose of compensating its top executives. This is what NewsObserver.Com reports through a health law article.

Four executives of Medical Mutual allegedly invested in nine real estate partnerships, with investments of up to $2.6 million.

Aside from monetary fine, the real estate partnerships will be transferred to the company.
However, despite paying the penalty, the accused individuals denied any wrongdoing.

For the link to the article, click here.

What is Medical Malpractice?

Friday, April 10th, 2009

Image Source: 2spencers.com

According to Wikipedia, medical malpractice is �an act or omission by a health care provider which deviates from accepted standards of practice in the medical community and which causes injury to the patient.�

Medical malpractice denotes bad or unskillful practice by a physician or allied medical professional where the health of the patient is compromised. The failure of a medical professional to follow the standards of medical practice could earn legal consequences.

Medical malpractice can results in harm, injury, prolonged physical and mental suffering and even death of a patient while under the care of a medical professional. To prove this claim, the patient must prove that the failure of a health care provider to comply with the standards of medical care was the cause of his harm.