Hospitals that use RFPs and others fool’s tools in respect of physician relationships will surely suffer as fools in the end.
Tag: services
Compounding pharmaceuticals, specific drugs for specific patients, offers tremendous benefit. The problems arise when the benefit is for the prescribing physician. Then, we’re dealing with analyses under the federal Anti-Kickback Statute (AKS), the Stark Law, and their state law counterparts.
Have you heard the one about the man who doesn’t walk into a bar?
The next time a hospital tells you that they’ve checked the deal with their lawyers and that it’s okay, don’t take their word for it.
The Stark Law makes it illegal for a hospital to bill Medicare for certain services referred by physicians with whom the hospital has a financial relationship unless the arrangement falls within one of the law’s specific exceptions.
What will happen to your hospital contract or to your hospital employment relationship in the event the hospital merges? Will you still be the contract holder? Will you still have a job?
Charles Revson, the founder of Revlon Cosmetics, sold hope; his competitors just sold lipstick. Do you understand, really understand, what it is that you’re selling? Comment or contact me if you’d like to discuss this post. www.weisspc.com
Go ahead, I encourage you, think entrepreneurially. But please be smart about it.
Starbucks took a 50 cent cup of coffee and wrapped it into an experience selling for far over a dollar. And that was just to start…
Prevent others from fooling you or, even worse, from you fooling yourself.