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03/05/2025 Allen M. Jacobs, DPM
Unnecessary and Negligent Calcaneal Osteotomy - Oregon (Jay Grife, DPM, JD)
Dr. Grife suggests that with limited malpractice liability insurance, a plaintiff attorney is less inclined to file a malpractice action. This may or may not be true in a particular case. The ability of a plaintiff to seek payment from a podiatrist when the judgement or settlement is in excess of malpractice policy limits varies from state to state. Asset protection is importantly to consider for any healthcare provider.
In some states under some circumstances, the plaintiff can for example place a lien or levies on your personal assets such as bank accounts, homes, etc. You may be required to satisfy a judgement by taking out a loan against your hard earned assets. Sometimes the jury awards are later adjusted. You should consult with an appropriate health care attorney regarding asset protection rules and regulations and applicable strategies relevant to the state in which you practice. You must do so prior to any claim made against you to avoid an allegation of fraudulent transfer of assets.
PM news cited a recent $3,000,000 verdict against a podiatrist. Two years ago, a plaintiff prevailed in obtaining a total of $5,000,000 from an ORIF of an ankle fracture in which there was alleged nerve injury and CRPS. I have personally seen awards of $1,000,000 for an Akin procedure, $1,500,000 for a sesamoidectomy. The famous Rothman orthopedic institute recently lost a $43,500,000 verdict following a knee surgery on a special teams payer for the Philadelphia Eagles.
Dr. Borreggine may be correct. It may be time to reconsider the $1,000,000/$3,000,000 policy as adequate in today’s world. Studies specifically on foot and ankle surgery indicate an average” jury verdict of around $900,000. This would imply awards greater than $1,000,000 are neither rare nor uncommon. You would be well served to research the rules and regulations in your particular locality, and consider appropriate actions as you deem to be necessary for your individual circumstances. Do not assume personal assets are always exempt from judgment.
Allen M. Jacobs, DPM, St. Louis, MO
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