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Risk Pearls: February 2017

According to the Food and Drug Administration (FDA), it regulates one trillion dollars’ worth of products each year or approximately 20 cents on every dollar spent in the U.S. When there is a serious problem with a product, the FDA would like to alert you immediately. The alerts contain actionable information that may impact both treatment and diagnostic choices for clinicians and patients.

Did you know that by signing up for the FDA’s Safety Information and Adverse Event Reporting Program, MedWatch, you can report problems that you have had with drugs and other medical products and you can receive safety alerts as soon as they appear on the web site?  MedWatch offers an online voluntary reporting form for both clinician and consumer reporting. It also helps you stay informed about the medical products you use, prescribe and administer by sending safety alerts to your inbox. To subscribe, just visit http://www.fda.gov/Safety/MedWatch and sign up.

About The Author

Julie Loomis is Assistant Vice President of Risk Education for SVMIC where she develops educational programs and assists policyholders and staff with risk management issues. Ms. Loomis is a member of the Tennessee Bar Association and American Society of Healthcare Risk Managers (ASHRM). She serves on the Risk Management/Patient Safety Committee of the Medical Professional Liability Association. Ms. Loomis is a speaker on risk management and professional liability topics at industry seminars, medical schools and residency programs.

The contents of The Sentinel are intended for educational/informational purposes only and do not constitute legal advice. Policyholders are urged to consult with their personal attorney for legal advice, as specific legal requirements may vary from state to state and/or change over time.

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