Non-Employment 2014 - Non-Employment, Non-Acquisition Financial Strategies for Hospitals to Align with Physicians

Overview: Models other than employment can achieve significant alignment between hospitals and physicians. From paying the independent medical staff for improved quality results, to leasing the practice to the hospital on a professional services agreement, to co-management arrangements, there is a continuum of possibilities, all of which can be undertaken without liability under either Stark or the anti-kickback statute. This session will highlight the practical realities of engaging in these undertakings, including issues which should be addressed in the supporting contract documents.
Why should you attend: The mad dash to physician employment by hospitals has been noted by many. However, many of these transactions have been entered into with both little attention to the value proposition as well as unsustainable financial predicates. There are a range of other alignment strategies which can achieve all of the goals of employment without the difficulties of unwinding.
This presentation by an experienced attorney who has engaged in these alternative strategies throughout the country is both practical in terms of issues which must be addressed and insightful with respect to where things can go wrong.
Areas Covered in the Session:
Professional service agreement payment models
Going provider-based: pro’s and con’s
Restrictive covenants
Non-CPT payments for what?
Approaches to paying overhead
Accommodated changes in the practice during the term
Paying for a right of first refusal
Paying independent medical staff members for the hospital’s quality performance: the 8 essential features of a program
Co-management opportunities and pitfalls
What’s different from medical directorships?
Payment and measurement issues
The importance of valuation
Fixing accountability at the locus of control
Are restrictive covenants necessary?
Who Will Benefit:
Medical Group Administrators
Physicians
Health System CEOs, CFOs, and Finance Directors
Health System Physician Group Managers
In-house Counsel at physician groups and health systems
Educational Objectives(S)
Upon completion of this activity, participants will be able to:
Highlight the practical realities of engaging in professional services agreements, to co-management arrangements, including issues which should be addressed in the supporting contract documents.
CME Credit Statement
This activity has been planned and implemented in accordance with the Essential Areas and Policies of the Accreditation Council for Continuing Medical Education (ACCME) through the joint sponsorship of CFMC and MentorHealth. CFMC is accredited by the ACCME to provide continuing medical education for physicians.
CFMC designates this educational activity for a maximum of 1 AMA PRA Category 1 Credit™. Physicians should only claim credit commensurate with the extent of their participation in the activity.
Other Healthcare Professionals Credit Statement
This educational activity has been planned and implemented following the administrative and educational design criteria required for certification of health care professions continuing education credits. Registrants attending this activity may submit their certificate along with a copy of the course content to their professional organizations or state licensing agencies for recognition for 1 hour.
Disclosure Statement
It is the policy of CFMC and MentorHealth that the faculty discloses real or apparent conflicts of interest relating to the topics of the educational activity. All members of the faculty and planning team have nothing to disclose nor do they have any vested interests or affiliations
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Obtaining Certificate of Credit
Colorado Foundation for Medical Care (CFMC) hosts an online activity evaluation system, certificate and outcomes measurement process. Following the activity, you must link to CFMC's online site (link below) to complete the evaluation form in order to receive your certificate of credit. Once the evaluation form is complete and submitted, you will be automatically sent a copy of your certificate via email. Please note, participants must attend the entire activity to receive all types of credit. Continuing Education evaluation and request for certificates will be accepted up to 60 days post activity date. CFMC will keep a record of attendance on file for 6 years.
Alice G. Gosfield Esq, of Philadelphia’s Alice G. Gosfield and Associates, PC, has a national practice devoted to health law and healthcare regulation with a special emphasis on physician representation, managed care, quality, fraud and abuse, and medical staff issues. A graduate of Barnard College and NYU Law School, she has been named as one of the top twenty-five health lawyers in the country in 2007 and 2009 and has been a Best Lawyer in America (Health Law) for more than twenty years. She served as Chairman of the Board of Directors of the National Committee for Quality Assurance for five terms (1998-2002) and was President of the National Health Lawyers Association (now the American Health Lawyers Association) from 1992-93.
MentorHealth
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Phone No: 800-385-1607
FaX: 302-288-6884
Event Link: http://bit.ly/1cwc7YK