Compliance Challenges for Non-Physicians in Healthcare Acquisitions Buying a healthcare business is a big opportunity. But, it has unique challenges—especially for Non-Physicians in Healthcare Acquisitions. The healthcare industry has strict rules designed to protect patients and prevent fraud. For non-physician buyers, it’s vital to know and follow these rules. They will help avoid costly mistakes….
In many industries, kickbacks are seen as a normal part of doing business, but in the realm of healthcare, they’re viewed quite differently. Kickbacks are not only unethical, but they’re also illegal, posing a significant threat to patient welfare and the integrity of healthcare systems. It’s important to understand the Anti-Kickback Statute so as to…
The Stark Law, in essence, prohibits doctors from referring patients to certain healthcare providers when there’s a financial connection between them. If doctors break this law, they can face big fines. Therefore, it’s crucial to steer clear of actions that violate these regulations. Key Provisions of Stark Law What the Stark Law Says: Under Stark…
In most businesses, it’s normal to refer clients, but in healthcare, referring patients is closely watched, especially if the person referring gets paid or gets something in return. The federal Stark Law and Anti-Kickback Statute mostly apply to Medicare, Medicaid, and other federal healthcare programs. These laws are there to stop and punish situations where…
A lot of doctors running medical practices today have a tough time dealing with the rules and regulations. Management Service Organizations, or MSOs, are here to help. They don’t just help doctors; they can also benefit other healthcare professionals who aren’t doctors. MSOs provide a chance for non-doctor healthcare workers, like nurses and physician assistants,…