New Mexico Administrative Code
Title 16 - OCCUPATIONAL AND PROFESSIONAL LICENSING
Chapter 10 - MEDICINE AND SURGERY PRACTITIONERS
Part 10 - REPORT OF SETTLEMENTS, JUDGMENTS, ADVERSE ACTIONS AND CREDENTIALING DISCREPANCIES
Section 16.10.10.8 - REPORTING OF MEDICAL MALPRACTICE PAYMENTS BY ENTITIES AND PERSONS
Universal Citation: 16 NM Admin Code 16.10.10.8
Current through Register Vol. 35, No. 18, September 24, 2024
A. Each person or entity, including an insurance company, which makes a payment under a policy of insurance, self-insurance or otherwise, in settlement of, or in whole or partial satisfaction of, a judgment in a malpractice action or claim must file a report with the board within 30 days after any initial or complete payment is made.
B. Applicants and licensees must file a report with the board within 30 days after any initial or complete payment is made by them, or directly or indirectly on their behalf.
C. Reports filed under this section shall include, at a minimum:
(1) the name, license
number, and social security number of the named licensee or
applicant;
(2) the name and address
of the person or entity making the payment;
(3) the name, title and telephone number of
the person submitting the report;
(4) the date or dates on which the act(s) or
omission(s) giving rise to the claim occurred;
(5) the date of judgment or
settlement;
(6) the amount paid,
the date of payment and whether payment is made in satisfaction of a judgment
or constitutes a settlement;
(7) a
description of terms of the judgment or settlement and any conditions attached
thereto, including terms of payment;
(8) a description of the alleged acts or
omissions and injuries or illnesses upon which the action or claim is based;
and,
(9) the official addendum to
the licensee's or applicant's data bank report.
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