"Recent Trends in Physician Compensation and Contracts"

April 25, 2017

News

Last week, The Ambulatory M&A Advisor discussed the importance of physician credentialing in the process of hiring a new physician to an ASC or Urgent Care business. Although credentialing is at the top of the list for most providers, taking a look at compensation plans and updated contracting is also an area that cannot be ignored.

Leslie Rojas, an associate attorney with The Health Law Partners, P.C., practicing healthcare regulatory and transaction law, says that while the initial contract is important, compensation is always the first thing on a potential employees mind.

Click here to read Isabelle Bibet-Kalinyak's quote from The Ambulatory M&A Advisor.

Skilled nursing facilities will soon be required to significantly expand their reporting of ownership and control information on newly updated CMS-855A forms. Private equity companies and other organizations like real estate investment trusts have been named as one of the reasons that the expanded reporting for SNFs has been implemented. As such, these organizations should be aware that they may be a part of this reporting through a number of routes.

Over the past 24 months, the U.S. Department of Health and Human Services Office for Civil Rights has brought notable enforcement efforts against several non-profit covered entities and business associates, resulting in instances of six and seven-figure penalties against providers across the county for incidents involving breaches of protected health information.

A new amendment to New York state law, which would have required all healthcare providers to obtain separate consents from patients for treatment and payment is on hold until further guidance is released, according to the New York Department of Health.

"Recent Trends in Physician Compensation and Contracts"

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