Practice Management

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  • 1.  Tail coverage-who pays

    Posted 09-29-2020 19:03
    Hi All,

    Just checking to see what everyone is doing with tail coverage these days.  If the group terms the physician, our group pics up the coverage.  If the employee voluntarily terms, they are responsible for the tail.  Is this consistent with what others are doing? Also, when hiring, have groups agreed to pick up the new hires tail?

    TIA
    Holly

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    Holly Wallner
    Practice Administrator
    TRG, LLC
    Portland OR
    (503) 797-6356
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  • 2.  RE: Tail coverage-who pays

    Posted 09-29-2020 19:59
    Same here.

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    David Smith FACMPE
    Executive Director
    United Imaging Consultants
    Mission KS
    (785) 393-8387
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  • 3.  RE: Tail coverage-who pays

    Posted 09-29-2020 23:25
    Our tail policy matches yours, other than if term for breach, the radiologist funds it too.   We do have an earn in provision, that passes the tail cost after XX years from employee responsibility to practice responsibility.    I know some groups are providing nose coverage on hire, but am also aware that this is a risky strategy and every time we have looked at it, we decide against.    RBMA last surveyed on this topic in 2014 (I think.)  Hot topics don't appear to be searchable on the RBMA website.

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    Beth Williams MHA, FACMPE, FRBMA
    Executive Director
    Vantage Radiology and Diagnostic Services
    Federal Way WA
    (253) 661-1700 ext. 1105
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  • 4.  RE: Tail coverage-who pays

    Posted 09-30-2020 17:04
    Hello,

    Any provider who leaves regardless of reason is responsible for the cost of their tail policy.  We take the premium directly from the balance of any compensation that gets paid to the provider after departure for their accounts receivable balance.



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    Rhodes Kimmell
    Administrator
    Radiology Consultants, Inc.
    Portland OR
    (503) 575-2521
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  • 5.  RE: Tail coverage-who pays

    Posted 09-30-2020 17:14
      |   view attached
    See the attached file from Casey Stengel, the RBMA Data Committee coordinator.  Its old (2014) but may have info you are interested in on this subject.

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    Beth Williams MHA, FACMPE, FRBMA
    Executive Director
    Vantage Radiology and Diagnostic Services
    Federal Way WA
    (253) 661-1700 ext. 1105
    ------------------------------

    Attachment(s)



  • 6.  RE: Tail coverage-who pays

    Posted 09-30-2020 17:16
      |   view attached
    State law may require a group to indemnify and defend a former employee (even if a shareholder), in the event they are sued arising out of a case interpreted while the departed physician was still employed by the group.  As a result, you want to insure that you have coverage.  Check your state laws to determine what your obligation to a former employee is and then check with your carrier to see what your coverage is.  The real question is if you don't provide tail, are you still on the hook anyway?

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    (805) 879-7577

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