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(R) 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.
This book fulfills its promise as a peerless tool for physicians wanting to make good decisions about the risks they face.
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(c) 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(c) Board of Standards, in Denver, and holds the Certified Medical Planner(c) 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.