tci Medicare Compliance & Reimbursement - 2007 Issue 25

COMPLIANCE: Hospital Ownership--If Doctors Want Out, They Can't Profit From Their Clout

Don't raise suspicions with hospital buyout.If your doctor wants to bail out of owning part of an ambulatory surgery center (ASC), he or she could be out of luck. The HHS Office of Inspector General (OIG) frowned on a group of physicians who wanted to unload their ASC ownership. Three orthopedic surgeons, two gastroenterologists and two anesthesiologists jointly owned an ASC. The orthopedic surgeons wanted to sell a 40-percent stake to the local hospital at fair market value. Obstacle: The OIG said that if both the physicians and the hospital owned the ASC, it would count as...

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