Medical Practice Management
Jul 29

House Passes Malpractice Limits

Legislation that would limit damages for medical malpractice has passed the House for the third consecutive year.

The bill, approved Thursday by a vote of 230-194, would cap awards for pain and suffering at $250,000. There would be no limit on economic damages, which provide reimbursement for such expenses as medical bills and lost wages. Finally, the bill would in many cases cap punitive damages at $250,000.

For more information, go to http://www.cnn.com/2005/POLITICS/07/29/damage.limits.ap/index.html

About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read more →