What is risk management and how can it help me?
The strongest malpractice insurance coverage will not only defend you in a lawsuit, but will also arm you with tools to help prevent a lawsuit in the first place. Risk management is a loss prevention process that helps dentists prevent potential malpractice liability by enhancing the quality of patient care and satisfaction.
While most malpractice insurers provide risk management programs, the quality and expertise can vary considerably. This may include Continuing Education courses, online programs, publications and practice assessment tools. However, a quality risk management program should be comprehensive in scope and support the core philosophy of the company.
Newly graduated dentists often underestimate the importance of risk management services when selecting their malpractice insurance. It’s only when they have a patient in the chair with a serious concern that they realize how valuable this service can be.
