It’s not quite when Harry Met Sally. As you certainly know, there’s been a flood of investor money, notably private equity money, it into many medical specialties over the last decade. Depending on what specialty you’re in, private equity investment is just beginning to ramp up. For example, I’m seeing an uptick in deals in […]
Tag: Federal Anti-Kickback Statute
Former Tenet Healthcare hospital CEOs, are facing trial in a criminal case that alleges that they personally violated the federal Anti-Kickback Statute.
As you may recall, back in April, 2018, in my post What’s The Downside Risk for Hospital Executives?, I wrote about the fact that Trevor Fetter, the former CEO of Tenet Healthcare, had no skin in the game: his strategy put the company into a nosedive. It lost hundreds of millions. But upon being pushed […]
Listen in for the takeaways you must be aware of.
Physician, well, former physician, Bernard Greenspan is whiling away his time in federal prison in Butner, NC. He’s part way into his 41 month sentence in connection with the Biodiagnostic Laboratory Services, LLC (“BLS”) scam that, at my last count, resulted in the conviction of 43 defendants, 29 of them of doctors. Greenspan, a family […]
Once again, this case demonstrates that simple, facial reliance on safe harbors under the Federal Anti-Kickback Statute and Stark do not guaranty safety for either hospitals or their physician employees and subcontractors.
Join Mark as he discusses why compliance with an AKS safe harbor does not protect you from prosecution.
When we think of risky behavior, we usually think of personal acts.
Risky behavior impacts medical groups and healthcare businesses, too. Sometimes this is a result of the personal acts or omissions of an employee, as in medical malpractice.
Citizens Medical Center, a county-owned hospital in Victoria, Texas, paid the United States government $21,750,000 to settle, without admitting wrongdoing, a whistleblower suit under the False Claims Act. The whistleblowers, competing physicians, will receive $5,981,250 from the recovery.