Do you like riddles?
When isn’t a hospital’s physician alignment in line?
When we talk about joint ventures in healthcare, we tend to think of illegality.
Attempting to hide healthcare kickbacks through third parties is a losing strategy. One case shows just how costly that mistake can be.
Deal structure. Governance. M&A.
Those were among the subjects of this past weekend’s Advanced Institute For Anesthesia Practice Management in Las Vegas, the premier national conference on actionable anesthesia business issues.
As hospitals gather more power courtesy of Obamacare, some are becoming more daring in terms of extracting cash from non-aligned physicians who don’t control referrals.
All you wanted to do was to share office space, not cell space. Plan accordingly, the devil is in the details.
When we talk about joint ventures in healthcare, we tend to think of illegality, as in “suspect joint venture,” the pejorative term crafted by the OIG.
Water might travel well in the aqueduct channel. But unless it’s spread outside of it, the crops won’t grow.
From cash kickbacks to the company model to phony leases, deals between referring physicians and those physicians and facilities receiving referrals are subject to increasing scrutiny.
Last October, a federal trial court ordered Tuomey Healthcare System to pay approximately $237 million as a result of Stark Law failures that gave rise to a False Claims Act violation.