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Fundamentals of Physician Compensation

 

Get assistance in clarifying and understanding fair market value standards when considering physician compensation.

Many hospitals and/or physicians do not fully understand the regulations that pertain to the Stark Law, Anti-Kickback Statute, or how important it is to understand compensation for a physician at a fair market value level. This topic will provide assistance in clarifying and understanding fair market value standards in considering physician compensation, how to structure physician compensation arrangements which are compliant with the Stark Law and Anti-Kickback Statute and the key factors in considering fair market value assessments in order to avoid violations resulting in potential penalties and fines. If financial arrangements are not fair market value or commercially reasonable severe fines and penalties can be imposed. If the government can prove that the parties intended to induce referrals through such financial arrangements then criminal sanctions, including imprisonment, can also be imposed.

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Fundamentals of Physician Compensation

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Fundamentals of Physician Compensation

Faculty

Robert A. Wade, Esq.

Robert A. Wade, Esq.

Barnes & Thornburg LLP

  • Partner in the office of Barnes & Thornburg LLP
  • Practice emphasizes all aspects of health care compliance, including developing, monitoring and documentation of an effective compliance program
  • Currently serves as the compliance expert to the Board of Commissioners of Halifax Health advising the hospital on all aspects of their corporate integrity agreement
  • Has experience in representing health care clients with respect to issues being investigated by the Department of Justice and the Office of Inspector General and negotiating and implementing Corporate Integrity Agreements
  • Assists clients in documenting and defending financial arrangements between health care providers, including referring physicians, as being fair market value and commercially reasonable
  • Has operationally practical experience having served as a general counsel and organizational integrity officer for a multihospital system for 6 1/2 years
  • Conducts regular seminars and workshops on numerous health care law which includes the False Claims Act, Stark Law and the Anti-Kickback Statute
  • Wrote several publications related to the areas of health care law
  • Best Lawyers In America┬«, health care law, 2009-2014; Indiana Super Lawyers, 2009-2015
  • J.D. degree, summa cum laude, Ohio State University, Moritz College of Law, Columbus, Ohio; B.A. degree, summa cum laude, Bowling Green State University
  • Can be contacted at 574-237-1107 or [email protected]
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Fundamentals of Physician Compensation

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