Telemedicine: The New Form of Check Up
Telemedicine is expanding. With the hospital industry embracing telehealth technologies, it has vastly outgrown its initial startup as a way for remote area patients to obtain access to the various benefits of big-city healthcare. According to USNews, over 20 states are now mandating reimbursement for telehealth services. Overall volume has increased along with the type of services offered via telemedicine. It has the potential to not only decrease spending but increase revenues, increasing its attractiveness to all types of healthcare providers.
However, this rapidly expanding sector comes with its own risks alongside those rewards. Its reliance on real-time data can consequently create a double-edged sword effect. While it increases the provider’s effectiveness, it also generates further professional liabilities when patient results deviate from the norm; i.e. in situations where something unplanned happens in regards to the patient, or when the medical provider fails to notice a change in patient results. Full disclosure and informed consent are key to mitigating these circumstances.
Critical questions the provider needs to be aware of according to our Carriers:
- If a liability claim arises, in which state will they defend themselves?
- Is the service HIPAA compliant?
- Is the provider licensed in the state the patient is in?
- How can they verify treatment recommendations?
These are just a few factors to be aware of when seeking coverage for this risk.
Have any questions? Do you know of a client who needs this coverage? With our expertise, here at HPSI, we can help your client get the coverage they need.
Contact your agent at HPSI today!