tci Medicare Compliance & Reimbursement - 2004 Issue 2
Self-Referral: REFORM BILL TAKES AIM AT DOC-OWNED SPECIALTY HOSPITALS
Will a cash cow be put out to pasture? A lucrative investment opportunity for physicians just got a lot stickier. Business has been booming in the world of physician-owned specialty hospitals, but critics have long worried that such hospitals simply bleed off generously reimbursed cases from cash-strapped general acute care hospitals. The critics scored a victory in the Medicare reform bill, signed into law Dec. 10. The legislation contains a provision that will make it a lot harder to go forward with new physician-owned specialty hospitals. To make sure their investment arrangements comply with the Stark physician self-referral...
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