CDR February 12, 2024
Chris W. David, CPA/ABV, ASA
HealthValue Group Managing Partner | Healthcare FMV Expert | Speaker | Member AHLA
CMS Expands Disclosure Requirements for SNFs
Beginning January 16, 2024, CMS requires SNFs participating in Medicare/Medicaid programs to disclose their ownership, management structure, and other information. Morgan, Lewis & Bockius LLP attorneys Janice Davis and Chris Ronne wrote a brief article that provides more details and practical guidance. https://bit.ly/48hwjjY
Pharmacy Owners Plead Guilty to Kickback Scheme
The pharmacy employees paid bribes to doctors and doctors’ employees to induce the doctors and their staff to steer prescriptions to their pharmacies. The bribes included cash, checks, wire transfer payments, expensive meals, and other things of value. Another method of bribery involved paying an employee to work inside a doctor’s office.?https://bit.ly/49c2L8W
Pitfall in Healthcare Transactions
According to the attorneys at the Florida Healthcare Law Firm , here are the four most significant areas for potential pitfalls in selling a medical practice. Jeff Cohen
Full article:?https://bit.ly/49oPObG ??
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OIG Opinion Gives Nod For Med Device Cost Sharing
In January 2024, Advisory Opinion No. 23-11 [https://oig.hhs.gov/compliance/advisory-opinions/23-11/ ] gave the “ok” to an arrangement where a medical device manufacturer was making payments for cost-sharing subsidies. The OIG said that it would not impose sanctions under the Federal Anti-Kickback Statute (the “AKS”) or the Beneficiary Inducements Civil Monetary Penalty (the “CMP”) against the med device manufacturer for paying cost-sharing subsidies to clinical trial participants to cover the participants’ share of costs for reimbursable, study-related items and services that the participants would otherwise be required to pay out of pocket. Sheppard Mullin Richter & Hampton LLP life sciences attorneys Dominick DiSabatino and Audrey Mercer believe this opinion illustrates that OIG appears willing to permit similar arrangements that do not fall squarely within an AKS safe harbor.?https://bit.ly/3SDXqQB
State Legislation Restricting the Use of AI in Healthcare Delivery
Last year, several states presented and passed bills regulating the use of AI in healthcare. Most recently, Georgia introduced two pieces of legislation focused on using AI in healthcare. McDermott Will & Emery healthcare attorneys Reuben Bank, Purnima Boominathan , Jayda Greco , and Dale Van Demark prepared an informative brief on this topic.?
Need Advice on Partnership Agreements for a Dental Practice?
William Barrett of the law firm Mandelbaum Barrett PC is the firm’s National Dental Law Group co-chair. Mr. Barrett recently wrote this brief:??https://bit.ly/3OGBAL9
DME Kickback Scheme
A Florida man pleads guilty to his role in a multimillion-dollar kickback scheme. The defendant and his conspirators owned and operated marketing call centers and telemedicine companies through which they obtained doctors’ orders for DME for Medicare beneficiaries without regard to medical necessity. Memon and his conspirators provided doctors’ orders in exchange for bribes from DME companies that provided the braces to Medicare beneficiaries.?https://bit.ly/3SUQHTL