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Lakeland Healthcare reports $30,000 shortfall after malpractice carrier drops contract
Summary
Lakeland Healthcare Center officials told trustees an insurer declined to renew the facility's medical malpractice policy tied to a 2023 survey, leaving the center about $30,000 short and likely requiring a budget amendment in spring.
Lakeland Healthcare Center officials notified the Board of Trustees on Oct. 19 that the facility's medical malpractice insurer declined to continue contracting with the nursing home, creating a roughly $30,000 shortfall that the center expects to cover with operating savings and then reimburse from the county's risk-management account.
Carlo, a facility staff member who presented the item, said the center had already paid for a…
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