Page Tools:

Insurance and Risk Management Strategies for Physicians and Advisors

Author(s): David E. Marcinko, NREMT-P, MBA, MBA, Medical Business Advisors, Medical Business Advisors
Details:
  • ISBN-13: 9780763733421
  • ISBN-10:0763733423
  • Paperback    332 pages      © 2005
Price: International Sales $122.95 US List
Add to Cart

Overview

For practicing physicians, selecting a knowledgeable insurance advisor and developing a comprehensive personal and corporate risk management plan can be a daunting task. As a consequence of today’s litigious environment in the healthcare industry, physicians must now carefully assess their personal and practice risks as they seek to be indemnified should an event or cause of action occur. This process requires integrated knowledge of the healthcare industrial complex, as well as the rapidly changing insurance industry.

Fortunately, Insurance and Risk Management Strategies for Physicians and Advisors confronts the reality that insurance planning in healthcare is decidedly more complex than most other businesses or professions and, in an easy-to-understand manner, explains to physicians and insurance professionals the background, theory, and practicalities of medical risk management and insurance planning. Certified Medical Planner® Dr. David Edward Marcinko and his team of contributing authors go into great depth on the growing range of insurance planning options in order to assist physicians, and their advisors, to choose the “right” course that balances risk, cost, time, outcome as well as his or her own personal risk tolerance life style.

Insurance and Risk Management Strategies for Physicians and Advisors is ideal for medical professionals and the insurance advisors who seek to serve them, as well as for financial planners, insurance agents and healthcare business advisors wishing to re-educate and help doctors by adding lasting value to their client relationships.

Includes tools, templates, case studies, glossary of terms, and examples required to make insurance issues “come alive” in a real world setting

From the Foreword:

"Insurance and Risk Management Strategies for Physicians and Advisors is an essential textbook because it explains to physicians and insurance professionals the background, theory, and practicalities of medical risk management and insurance planning.  The insurance haze is lifted by dual-degreed editor, and Certified Medical Planner© Dr. David Edward Marcinko, and his team of contributing authors.

Insurance and Risk Management Strategies for Physicians and Advisors fulfills its promise as a peerless tool for physicians wanting to make good decisions about the risks they face. It is also ideal for financial planners, insurance agents and healthcare business advisors wishing to re-educate and help doctors by adding lasting value to their client relationships. With time at a premium for all, and so much information packed into one well-organized resource, this book should be on the desk of every physician, or financial advisor serving the healthcare space.

Simply stated, if you read this compelling text with a mind focused on the future, the time you spend will be amply rewarded."

ShowTable of Contents

1. INSURING THE DOCTOR’S LIFE
(Understanding Life Insurance ... Personal Strategies for Physicians)
Gary A. Cook

2. INSURING THE DOCTOR’S PROPERTY AND POSSESSIONS
(Guarding Your Stuff ... Against Man and Nature)
Gary A. Cook

3. INSURING THE DOCTOR’S PRACTICE
(Protecting the Business ... Earning a Living)
Gary A. Cook

4. RISKS OF MEDICAL PRACTICE NON-COMPETE AGREEMENTS
(Restricted Covenants Vital ... Often Contentious and Subject to Interpretation)
Frederick William LaCava

5. DOCUMENTATION AND MEDICAL RECORDING RISKS
(No Longer a Reflection of Reality ... Now, the Reality Itself)
Frederick William LaCava

6. HEALTHCARE ORGANIZATION COMPLIANCE AND RISK MANAGEMENT
(An Impossible Task ... But Doctors Are Responsible)
Patricia A. Trities

7. RISK MANAGEMENT IN MODERN MEDICAL PRACTICE
(It’s Not Just About Medical Malpractice ... Anymore!)
Charles F. Fenton, III
David Edward Marcinko

8. SEXUAL HARRASSMENT RISKS IN MEDICAL PRACTICE
(He Said, She Said ... There is no Quid Pro Quo)
Vivki L. Buba
                              
9. MEDICAL OFFICE WORKPLACE VIOLENCE RISKS
(Pondering the Unthinkable ... Preventing and Planning for the Horrific)
W. Barry Nixon

10. Medical Malpractice and Tort Reform Risks
(Crisis ... or Red Herring?)
Robert James Cimasi

11. THE CAPITATION LIABILITY THEORY
(Risk Retention Groups ... Salvation or Ruination for the Malpractice Crisis?)
David Edward Marcinko
Charles F. Fenton, III

12. MEDICAL MALPRATICE TRIAL RISKS
(A Necessary Evil ... or Simply Evil?)
Jay S. Grife

13. FINANCIAL AND OPERATIVE RISKS OF DIVORCE
(Keeping it Civil and Equitable ... Not Going Broke)
Anju D. Jessani

14. ASSET PROTECTION STRATEGIES FOR DOCTORS 
(What is at Risk ... How to Protect, It!)
Edward J. Rappaport
J. Christopher Miller
          
15. SELECTING INSURANCE AGENTS AND RISK MANAGEMENT ADVISORS
(Understanding Hidden Agendas ... Wisely Choosing Consultants)
David Edward Marcinko
Hope Rachel Hetico
Rachel Pentin-Maki
  


Back to top

ShowAbout the Author(s)

David E. Marcinko, NREMT-P, MBA, MBA-Medical Business Advisors, Medical Business Advisors

David Edward Marcinko is a healthcare economist, adjunctive clinical professor and former private practitioner from Temple University, in Philadelphia. In the past, he edited three practice management textbooks and four personal financial planning books for physicians and healthcare professionals.  His clinical publications are archived in the Library of Congress, and the Library of Medicine at the National Institute of Health. His economic thought leadership essays have been referenced by Investment Advisor Magazine, Medical Group Management Association (MGMA), American College of Medical Practice Executives (ACMPE), American College of Physician Executives (ACPE), JAMA.ama-assn.org, Healthcare Management Associates (HMA), CFP© Biz (Journal of Financial Planning), Financial Planner’s Library Online, and the Business of Medical Practice, among others. A favorite on the lecture circuit, Dr. Marcinko speaks frequently to medical societies and financial institutions throughout the country, in an entertaining and witty fashion. 

 

Professor Marcinko received his undergraduate degree from Loyola College, in Baltimore, his business degree from the Keller Graduate School of Management, in Chicago, and his financial planning diploma from Oglethorpe University, in Atlanta. He is a licensee of the Certified Financial Planner© Board of Standards, in Denver, and holds the Certified Medical Planner© Designation. 

 

He earned a Series #7 (general securities), Series #63 (uniform securities state law) and Series #65 (investment advisory) license from the National Association of Securities Dealers (NASD), and a life, health, disability, variable annuity and property-casualty license, from the State of Georgia.  He is also a board certified surgical fellow.

 

Previously, Dr. Marcinko was co-founder of an ambulatory surgery center that was sold to a publicly traded company; Certified Professional in Healthcare Quality (CPHQ); American Board of Quality Assurance and Utilization Review Physician (ABQAURP); medical staff vice president of a general hospital; assistant residency director; founder of a computer based testing firm for doctors; and president of a regional physician practice management corporation in the Mid-West.

 

Currently, Dr. Marcinko is Chief Executive Officer of the Institute of Medical Business Advisors, Inc., a national resource center and referral alliance providing financial stability and managerial peace-of-mind to struggling physician clients.

 

Additional Titles by this Author

Back to top

ShowReviews

  • "This book is an excellent primer for physicians of all levels and interests providing important personal and professional advice. It is “must reading” for all medical students who need a fundamental understanding of the current healthcare environment and is equally important to the established physician executive looking for a reference on topics like capitation or the Health Insurance Portability and Accountability Act (HIPAA)."

    -- David C. Stockwell, MD and Anthony D. Slonim, MD, MPH,
    American College of Physician Executives

Back to top