A physician no longer desiring full time work with on call responsibilities may still benefit the practice. The economic arrangements to make things work fairly for the parties involved can be worked out if the parties are motivated to do so.
Read More »Advantages and risks of voluntary disclosures
Knowing which Medicare billing errors to disclose, when, and to whom is critical. Unfortunately, there is no guarantee that any form of disclosure will be 100 percent effective in avoiding or minimizing penalties
Read More »Legal obstacles to tort reform in Pa.
The medical professional liability crisis, with its spiraling liability insurance costs and exorbitant jury verdicts, has sparked a renewed and vigorous effort to demand legislative action on tort reform. In Pennsylvania there have been and continue to be obstacles to the enactment of tort reform. The law in Pennsylvania presently provides little guidance and wide latitude to juries in determining damage awards.
Read More »Physician’s disability insurance market
As the disability insurance market continues to deteriorate, every physician should perform a "policy check-up" to better understand his/her policy.
Read More »Tips to assist specialists move to private practice
There are specific things specialists can do to successfully "survive" the transition from residency or fellowship to private practice.
Read More »Product line approach to building a practice
New ancillary services are one approach to a product line practice expansion, presenting operational and economic benefits.
Read More »Stark II and physicians’ outside relationships
The Stark law applies to both a physician's financial relationships with his medical practice to which he makes referrals, and to a physician's direct or indirect financial relationships with outside entities, such as hospitals, to which the physician refers.
Read More »IRS Interim Tax Sanctions for physicians
Examples of transactions affecting physicians that may be subject to this tax are practice sales, practice divestitures, employment arrangements, medical director agreements, leases, practice plans, and independent contractor arrangements.
Read More »Cleaning up your investment portfolio
After a year like last year, investors are left scratching their heads wondering what to do with their portfolios, especially since there appears to be no place to run and hide. So how do you avoid making mistakes with your portfolio?
Read More »Buying in to medical practice real estate
After working as an employee for two to three years, the young doctor will often become a partner while buying in to the practice over another three to five years. With some practices, the partners own the real estate and the issue arises as to whether the young doctor will become an owner of the real estate as well, and if so, how.
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