While the healthcare industry tends to be a slow-moving ship, over recent years there have been a great number of changes in how medical care has been provided, which in turn has made the professional medical liability market a dynamic one, according to one expert.
“The traditional hospital or doctor’s office visits, although very robust, are being supplemented by clinics, by telemedicine, by medical devices, and we’re seeing [companies] like Apple, Google, Amazon, and pharmacies like CVS getting closer to hands-on medical care for diagnosis,” said Karl Olson (pictured), vice president and professional and management liability practice leader at Burns & Wilcox Brokerage. “All of that upends the usual underwriting of healthcare risk.”
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