N.M. Admin. Code § 16.10.10.8

Current through Register Vol. 35, No. 17, September 10, 2024

Section 16.10.10.8 - REPORTING OF MEDICAL MALPRACTICE PAYMENTS BY ENTITIES AND PERSONS

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.

N.M. Admin. Code § 16.10.10.8

16.10.10.8 NMAC - Rp 16 NMAC 10.10.8.1, 7/15/01; A, 1/6/12, Adopted by New Mexico Register, Volume XXIX, Issue 17, September 11, 2018, eff. 9/17/2018