EPISODE · Feb 22, 2021 · 32 MIN
Executive Session: Making Sense of Stark and Practice Losses (Part 2)
from MGMA Podcasts · host MGMA
On December 2, 2020, the Centers for Medicare and Medicaid Services (CMS) published a Final Rule titled, “Modernizing and Clarifying the Physician Self-Referral Regulations,” that makes a number of modifications to the regulations around the Physician Self-Referral "Stark" Law. MGMA's Government Affairs office has closely monitored the new rule and has published advocacy letters and statements describing how the new rule will affect MGMA members. In this Part 2 of installment of Executive Session, Tim Smith, CPA, ABV, principal in TS Healthcare Consulting. a consulting firm that focuses on valuing healthcare organizations and providing guidance on related federal regulations, including Stark, outlines the changes and what he sees regarding the new to "identify, quantify and justify" practice losses through the new framework for commercial reasonableness and fair market value for physician compensation arrangements. Part 1 can be found at www.mgma.com/starkpodcast. Producer: Chris Harrop, senior editorial manager, MGMA Intro/outro: "Street Walk," Paolo Pavan (CC BY-NC-SA 4.0). Allied Medical Waste is the premier medical waste and document shredding company for medical groups all over the United States. On average, Allied helps medical groups save up to 50% on their monthly costs. Allied is known for their great service and impeccable response times. Reach out today for a free quote! Allied has a special offer for all MGMA members: the first 2 months FREE of charge!Connect with us at [email protected] or call (801) 328-8581.
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On December 2, 2020, the Centers for Medicare and Medicaid Services (CMS) published a Final Rule titled, “Modernizing and Clarifying the Physician Self-Referral Regulations,” that makes a number of modifications to the regulations around the Physician Self-Referral "Stark" Law. MGMA's Government Affairs office has closely monitored the new rule and has published advocacy letters and statements describing how the new rule will affect MGMA members. In this Part 2 of installment of Executive Session, Tim Smith, CPA, ABV, principal in TS Healthcare Consulting. a consulting firm that focuses on valuing healthcare organizations and providing guidance on related federal regulations, including Stark, outlines the changes and what he sees regarding the new to "identify, quantify and justify" practice losses through the new framework for commercial reasonableness and fair market value for physician compensation arrangements. Part 1 can be found at www.mgma.com/starkpodcast. Producer: Chris Harrop, senior editorial manager, MGMA Intro/outro: "Street Walk," Paolo Pavan (CC BY-NC-SA 4.0).
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Executive Session: Making Sense of Stark and Practice Losses (Part 2)
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