The average cost of claims brought against hospitals concerning their liability for professional acts, errors and omissions has risen 8 percent since 2012 to $492,000, according to a recent report from Beazley, a professional liability insurer.
The report also revealed hospital professional liability claims exceeding $2 million have increased by 14 percent in the last five years.
Concerning medical malpractice, obstetrics was the biggest driver of claims, making up 43 percent of claims greater than $5 million.
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