Page 10 - Diagnostic Radiology - Interpreting the Risks Part One
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SVMIC Diagnostic Radiology: Interpreting the Risks


                 Because the variety and extent of clinical procedures by

                 interventionalists are too numerous for this two-hour course,
                 the risks associated with those specific procedures will not be

                 discussed.







                 Radiology Risk: By the Numbers



                 The Medical Professional Liability Association (MPL), formerly
                 the Physician Insurers Association of America (PIAA), reviewed

                 reported malpractice claims and lawsuit data between the
                 years 1991 and 2015 as part of its Specialty Specific Series —

                 Radiology, published in 2016.  Data was collected through the
                                                        1
                 Data Sharing Project, comprised of 20 participating member

                 medical malpractice insurers, and was limited to only physician
                 claims. The data was used to quantify the proportion of closed

                 claims that resulted in indemnity payments (specifying average,
                 median, and largest payment amounts) and average defense

                 expenses. What did the data show?


                 A total of 6,526 claims (which included lawsuits and/or

                 demands for payment where no lawsuit was filed) were closed
                 between 2006 and 2015. Of these, 28 percent resulted in an

                 average indemnity payment of $364,106 which was the sixth
                 highest average indemnity payment among all of the healthcare

                 specialties.



                 The largest payment reported for a radiology claim was $3.3
                 million. For reference, the largest OB/GYN surgery payment

                 reported was $13 million.





                 1 PIAA Specialty Specific Series — Radiology, 2016 Edition/January 1, 2006, - December 31, 2015.

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