insurance for dialysis centers

malpractice insurance for dialysis centers
Malpractice insurance is crucial for dialysis centers. This is highlighted by a  recent $29 million settlement  awarded to a kidney patient in Illinois. The lawsuit detailed multiple failures in his care that forced him to undergo a kidney transplant.

The judge highlighted the “overwhelming negligence” of a nurse at the East St. Louis health clinic, where the man was being treated. The nurse failed to consult a doctor, follow up on lab results or properly educate the patient about his condition.

Another notable settlement involved DaVita Inc., which settled for $55 million over allegations of overusing the anemia medication Epogen. The lawsuit claimed that DaVita’s practices led to unnecessary medical treatments, posing significant risks to patients​.

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The fastest way to discover the cost of medical malpractice insurance for dialysis centers is to enter your details in the form, for a quick quote.

Westwood Insurance Group have extensive experience with medical malpractice insurance for dialysis centers. We work with a number of different carriers to ensure you have the best possible insurance coverage available.

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why do dialysis centers need malpractice insurance?

Dialysis face a number of unique challenges they face, including :

  1. Regulatory compliance: Dialysis centers must comply with various local, state, and federal regulations related to licensing, safety, and care standards. .
  2. Liability risks: Dialysis centers face potential liability risks due to the nature of the care they provide. These risks include claims of malpractice, misdiagnosis, or errors in treatment. Dialysis centers should have appropriate liability coverage, such as general liability and professional liability insurance, to protect against these risks.
  3. Staffing issues: Dialysis centers may face challenges in hiring and retaining qualified staff to provide care for patients. Employment practices liability insurance (EPLI) can help protect dialysis centers from claims related to employment practices, such as wrongful termination, discrimination, or harassment.
  4. Property risks: Dialysis centers must protect their physical assets, such as the facility itself and any specialized equipment or furnishings, from damage or loss due to events like fire, theft, or natural disasters. Property insurance is essential for covering these risks.
  5. Privacy and data security: Dialysis centers are responsible for maintaining the privacy and security of patients’ personal and medical information. Cyber liability insurance can help protect dialysis centers from financial losses and legal liabilities that may arise from data breaches or cyberattacks.
  6. Business interruption: Dialysis centers may experience interruptions in operations due to events like natural disasters, pandemics, or other unforeseen circumstances. Business interruption insurance can help replace lost income and pay ongoing expenses if the dialysis center is forced to close temporarily.
  7. Dialysis centers need malpractice insuranceEquipment breakdown: Dialysis centers rely on specialized equipment to provide care for their patients. Equipment breakdown insurance can help cover the costs of repairing or replacing equipment that breaks down due to mechanical or electrical failure.

Westwood Insurance Group will work with you to assess the policies of different insurance carriers and find the most suitable coverage for your particular circumstances.

what types of insurance do dialysis centers need?

General Liability Insurance

General Liability Insurance

This is necessary for dialysis centers to cover their facilities. It  covers medical expenses and attorney fees resulting from bodily injuries and property damage your facility or organization could be legally responsible for.

Business owner's policy (BOP insurance)

Business owner's policy (BOP insurance)

A Business Owner’s Policy (BOP) is a comprehensive insurance package designed for small to medium-sized dialysis centers, providing a blend of liability protection and property insurance.

Professional Liability Insurance

Professional Liability Insurance

Professional Liability Insurance overs any negligence or mistakes made by the individual Medical Professional during their practice. It differs from General Liability insurance, which covers the practice itself.

Commercial Auto Insurance

Commercial Auto Insurance

This is relevant for dialysis centers that use vehicles for your practice-related tasks. This insurance covers you against auto accidents, theft, and other vehicle-related incidents.

Workers Compensation Insurance

Workers Compensation Insurance

Workers Compensation Insurance is usually mandated by law, to protect dialysis centers and their employees in case of work-related injuries or illnesses.

Cyber Liability Insurance

Cyber Liability Insurance

Covers you against financial losses associated with data breaches, cyber attacks, and other cyber incidents. Insurers will usually conduct rigorous testing of your online system to fix vulnerabilities as part of this policy.

Contact Chris Worley now

Chris Worley

Chris specializes in insurance for Phlebottomists. You can call him or one of the team on the number below or fill out the form and he will get your message directly:

we've got you covered

General Liability Insurance

Protecting healthcare organizations against increasingly crippling litigation.

Professional Liability Insurance

Protecting medical professionals against increasingly crippling litigation.

Medical Malpractice Insurance

Protecting medical professionals against predatory lawyers and runaway jury verdicts

Cyber Liability Insurance

Protecting healthcare organizations & professionals against cyber attacks.

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