Structuring a payment or a transaction such that the deal is at fair market value is not the be-all and end-all of AKS compliance.
Tag: fmv
Unless you have developed a unicorn type practice or healthcare business, you need to adjust to the new reality.
Podcast: Play in new window | Download
Unless you have developed a unicorn type practice or healthcare business, you need to adjust to the new reality.
Does More Financial Pressure on Hospitals Signal the Return of Questionable Medical Directorships?
Although infection rates (which may be meaningless) and Covid-19 related hospital censuses (which are highly relevant) vary throughout the country, two things are for certain.
In the Wild West days of the 1980s and 90s, it wasn’t uncommon to see as many medical directors receiving stipends from a hospital as there are aspirins in a Costco-size bottle.
Podcast: Play in new window | Download
In the Wild West days of the 1980s and 90s, it wasn’t uncommon to see as many medical directors receiving stipends from a hospital as there are aspirins in a Costco-size bottle.
Today, and tomorrow, as more and more surgical procedures leave the hospital setting for ASCs and other outpatient facilities, query whether hospital administrators will revisit medical directorships with renewed fervor as they seek ties that bind.
Free Services (Like Medical Directorships) Are Slippery Slide to Compliance Hell – Success in Motion
Ride along with Mark as he discusses how competing via providing free services, such as uncompensated medical directorships, or giving into a facility’s demand for free services, is a violation of the federal anti-kickback statute.
In the real world, your practice is worth only what a buyer, if one exists, will pay for your practice at the time you want to sell it.
