Healthcare financial management : journal of the Healthcare Financial Management Association
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Healthc Financ Manage · Nov 2012
Perspectives on medical malpractice self-insurance financial reporting.
Financial reporting of medical malpractice self-insurance is evolving. The Financial Accounting Standards Board Accounting Standards Codification Section 954-450-25 provides guidance for accounting and financial reporting for medical malpractice. ⋯ Malpractice litigation reform efforts continue in several states. Accountable care organizations could increase the frequency of medical malpractice claims because of patients' heightened expectations regarding quality of care.