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Articles of Interest for Orthopaedics
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Articles of Interest for Orthopaedic Practices

Submitted by The Florida Healthcare Law Firm



Orthopedic Practices Must Know The Supervision Requirement

Orthopedic practices that provide ancillary services like physical therapy, diagnostic imaging and durable medical equipment must understand the laws that pertain to supervision or else risk huge monetary and even criminal penalties. There are three major areas of law the govern the issue: the State self referral law (The Florida Patient Self Referral Act of 1992), the Stark Law and the Medicare Incident To Services rule.*

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Revenue Guarantees And Orthopedic Practices

One of the ways hospitals attract physicians to their communities is to promise that the doctor will earn a certain amount of money each month.  This sort of “revenue guarantee” can be a great opportunity for an orthopedic practice, but you have to watch your step.  Read more

 


Looking to Enter the Stem Cell Market? 3 Key Considerations for Orthopedists 

There are no off the shelf solutions when it comes to adding a new component to an ortho practice.  Between navigating regulations, receiving training, and marketing the service, there's a lot to address in a short time.  To get started, here is a short summary of what to expect when responding to the steady stream of patient requests for regenerative medicine treatments like stem cell, PRP or exosomes. 

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FDA Steps Up Enforcement Against Stem Cell Clinics 

With the rapid growth of the regenerative medicine field, the U.S. Food and Drug Administration (FDA) is trying to strike the right balance between preventing harm to the public and fostering innovation of new treatments.  This happens of course right when the public view and confidence in regenerative medicine services like stem cells, PRP and exosomes is rising steadily, leaving many orthopedic practices no alternative but to offer them. 

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Orthopedic Practice Buy Ins Are Unique

An orthopedic practice with a terrific associate will likely want to offer "partnership" to the doctor at some point (usually two to four years).  Owner issues tend to be--
 
            1.         Protection for the founders;
            2.         Ensuring some degree of operational control; and
            3.         Pricing the buy in.
 
These are common issues for any medical practice considering offering partnership to an employed physician. Read more

Stark’s 75% Rule Still Confuses Orthopedists


Healthcare regulations are enough to choke a horse.  Even healthcare lawyers scratch their heads over the meaning of many regulations.  Nevertheless, understanding some of the more specific aspects of the regulations may be easier that you thought.

By now, orthopedists know the word “Stark” as well as “Medicare.”  It's the federal law that does two things: (1) forbids doctors from referring their patients to businesses they own which provide “designated health services,” and (2) contains a long list of permitted financial relationships between health care providers.  What it takes away with one hand, it gives with the other.  Read more

 

 

more Calendar

12/6/2019 » 12/7/2019
2019 Winter FOS & BSOF Coding & Reimbursement Conference

6/18/2020 » 6/21/2020
2020 FOS Annual Scientific Meeting

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