Newsletter April 2017
Our e-newsletter for Enterprise Risk Management, Claim Settlement and Healthcare Solutions.
Enterprise Risk Management (ERM):
Special Damages – Past and Current Medical Expenses
Generally, the definition for Special Damages is the monetary losses someone incurs from an accident such as medical bills (past, current and future), the cost to repair damaged property, and lost earnings. Learn the key information associated with measuring past medical expenses incurred for a claim. >>
Claim Settlement, Medicare, and Medicare Set Asides:
Medicare Will Start Using New Life Tables on 4/1/17
On March 8, 2017, the Centers for Medicare & Medicaid Services (CMS) announced they will begin using the Centers for Disease Control (CDC) 2012 Life Tables on 4/1/17. In 2012, the overall expectation of life at birth was 78.8 years, increasing from 78.7 years in 2011. For more information about this important change, please click here >>
Should Pain Scoring Be Eliminated As A Vital Sign?
Last September the American Academy of Family Physicians (AAFP) 2016 Congress of Delegates voted to eliminate pain scores as the "fifth vital sign." Subsequently in December, over 2,100 doctors and nurses participated in a Medscape online survey asking if they supported the AAFP vote. For a summary of the story and a link to the study, please click here >>