You get what you pay for. If you try to get it without paying for it, you won’t get much of it, at least not of high quality. And you are probably stealing. The irony is that you are stealing from yourself, from your future. Medical Group Compensation Plans What does your medical group’s compensation…
Tag: physician
Why the Hospital’s Idea of Physician Leader Means Follower – Podcast
I recently read an article about hospitals training physicians for “leadership” roles. What those hospitals are really doing is training more physicians to become hospital-employed or hospital-controlled managers.
Tenet Announces Major Joint Venture Expansion Outside of Acute Care Hospitals
If you attended my recent webinar, The Impending Death of Hospitals, you know that I firmly believe that healthcare delivery is shifting away from hospitals and their aligned physicians. In fact, the prognosis for hospitals, at least as we know them today, is guarded. As another guidepost in this transformation, Tenet Healthcare Corporation just announced…
The Combination to Joint Ventures – Medical Group Minute
When we talk about joint ventures in healthcare, we tend to think of illegality.
OIG Issues Fraud Alert on Physician Compensation
The federal Anti-Kickback Statute (the “AKS”) makes it a crime to pay remuneration to induce a referral of a federal health care program patient. Many are familiar with the safe harbors, the exceptions, for physician employment agreements and for personal services contracts. But many mistakenly believe that simply following the “recipe” set out in those safe…
Why Culture Counts in Healthcare Mergers and Acquisitions – Podcast
Depending on whom you ask and whose data is available for analysis, 70 to 90 percent of all business combinations fail to increase owner value.
Kickback Disguise Schemes: Oh, What a Tangled Web We Weave
“Psst! Send me some referrals. I can’t pay you directly, so I’ll pay your spouse.” “Hey, keep your voice down. Send me some referrals. I can’t pay you directly, so set up an LLC and I’ll pay it.” Oh, what a tangled web we weavewhen first we practice to deceive! I doubt that Sir Walter…
What Are the Standard Hospital Complaints? – Medical Group Minute
When things begin to go awry between hospitals and contracted medical groups, these are the sort of complaints that hospitals levy.
Hospital Greed Trumps Competition And Patient Care
Walmart. Remember the highly publicized protests against their expansion? Imagine what it would have been like if the situation were flipped: What if Walmart protested about the unfairness of entrepreneurial businesses? They’d argue that it’s unfair that a local hardware store isn’t required to have a money losing photo center, that it’s unfair that small…
Pass the Bread and Get the Contract – Podcast
There’s a significant amount of timing involved in respect of the negotiation of agreements between physician groups and hospitals, especially in connection with exclusive contracts.