Investments for physicians in related health care business get scrutinized...I guess if you have money to invest, perhaps restaurants or flower shops, etc. might be a safer investment. As usual, this is more work available for the legal profession. BD
The Centers for Medicare & Medicaid Services on Aug. 27 unveiled the phase III, or final, version of the prohibitions known informally as the Stark II rules. The last major update to the regulations, the phase II interim final rule, was published more than three years ago. Under the statute, physicians cannot refer Medicare patients to facilities in which they have a financial interest unless the business arrangement meets one of a number of exceptions.
Attorneys who represent doctors and health facilities are busy poring over the latest release to determine what, if anything, their clients need to change about their business arrangements to avoid federal penalties.
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