Knowledge of the technical requirements of the Stark Law as it applies to physicians is very important for physicians. Why? Because this is the law that regulates the way in which the physicians enter into arrangements with healthcare organizations. The nature and ambit of these arrangements are laid out by this law, compliance with which is mandatory. Failure to comply with these Stark Law regulations as they relate to physicians and healthcare organizations can lead to severe penalties.
Joseph Wolfe, an attorney with Hall, Render, Killian, Heath & Lyman, P.C., the largest healthcare focused law firm in the country, will, at a webinar that MentorHealth, a leading provider of professional training for all the areas of healthcare, explain how to be compliant with the requirements set out by Stark Law when it comes to drafting and implementing compensation arrangements between healthcare organizations and physicians.
This webinar is being organized on January 29. To enroll for this valuable learning, please visit MentorHealth.
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The core of this webinar is a discussion of the technical requirements of the Stark Law as it applies to physicians. He will describe best practices for negotiating and drafting contracts and compensation plans, and will highlight the common provisions and potential pitfalls that have to be avoided.
This compliance becomes all the more important and necessary in a backdrop of healthcare organizations hiring what may be called “Rockstar physicians”-physicians that generate a very high income for imparting their expertise. With such physicians on board, healthcare organizations are subjected to extra scrutiny. Only sound knowledge of the Stark Law and the proper manner of implementing it will help them to manage risk. Joseph will explain the ways of ensuring this.
He will cover the following areas at this webinar:
- Discuss processes and criteria for determining whether a physician is a Rockstar as compared to his or her peers
- Identify Stark Law, fair market value and commercial reasonableness considerations for highly specialized and productive physicians
- Provide perspective on contracting strategies, drafting considerations and potential pitfalls.
This webinar is aimed at the benefit of In-House Counsel, Healthcare Compliance Officers, Healthcare Human Resources, Healthcare CFO’s, and Healthcare Executives.
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About the expert: Joseph Wolfe provides advice and counsel to some of the nation’s largest health systems, hospitals and medical groups on a variety of healthcare issues. He regularly counsels clients on a national basis regarding compliance-focused physician compensation and alignment strategies.
He is a frequent speaker on issues related to the physician self-referral statute (Stark Law), hospital-physician transactions, physician compensation governance and healthcare valuation issues.