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Strategies & Market Trends : Young and Older Folk Portfolio

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To: NAG1 who wrote (20928)10/5/2025 12:26:16 PM
From: Diddywahdiddy4 Recommendations

Recommended By
ddbpaso
jritz0
LCES
Steve Mac

   of 23156
 
RE: I've heard, can't verify, that many times when the XRays or MRIs are done, that results are sent overseas to have a radiologist examine them. Not sure if that is true and if may only be for certain medical systems.

Both the State Board of Medical Licensure AND Medicare/Medicaid/Private insurers require that the MD/DO must have a valid & unrestricted license to practice Medicine in the state where the imaging was done. There is absolutely no way that a non-licensed MD/DO can provide medical services without a current/unrestricted license in that particular state.

In the SE USA states of MS/AL/LA/TN/GA, the 'malpractice crisis' peaked about twenty years ago. Several states' legislatures, at the response of regional state Medical Societies, put a transitioning 'cap' on medical malpractice suits, and also set up where lawsuits that were determined to be 'frivolous' by the arbitrator/mediator/presiding judge...the plaintiffs had to pay all legal fees on both sides, and in some states were liable for loss of wages/income.

As an "Interventional Pain Specialist", the late 1990's-early 2000's were the worst for annual malpractice cost. Typical coverage was $1million/$3million. To provide background, I had been practicing since 1986, took a sabbatical in 1994 to do a fellowship back in Houston where I'd done my residency, fortunately was never involved in a lawsuit and never had to file suit against anyone, and retired 12/31/2022. My annual malpractice late 90's-early 2000's varied from $18K-$22k, peaking around 2005. Then with the legislation, my annual malpractice gradually decreased and for the last 5-7 years of my practice it averaged $6.5K.

Best,
DWD
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