Can Your Practice Afford a Data Breach?
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Can Your Practice Afford a Data Breach?

Probably not.

A recent study found that the total average cost of a healthcare breach is $10.10 million.

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Can your healthcare practice afford a breach? Most healthcare entities cannot.

Since 2020, healthcare breach costs have risen by 42%.

As we know healthcare breaches are incessant, it is important to understand trends.

The trends that have emerged over the past few years are:

  1. Repeat attacks. Many healthcare entities have
What is a Medical Power of Attorney?
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What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself.

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A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity.

This legal document allows you to list

What is a Power of Attorney?
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What is a Power of Attorney?

Many of our clients have heard of the powers of attorney, but do not know what they actually entail.

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It is important to know that there are different types of powers of attorney, however, they are all legal documents that allow you to pick an agent or attorney-in-fact on your behalf.

Powers of attorney allow another person to make financial, legal, and medical decisions for you, depending on the type.