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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 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 course will assist in clarifying and understanding fair market value standards when considering physician compensation. The material will review how to structure physician compensation arrangements that are compliant with the Stark Law and Anti-Kickback Statute and the key factors in considering fair market value assessments to avoid violations resulting in potential penalties and fines. If financial arrangements are not the 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, criminal sanctions, including imprisonment, can also be imposed.

Agenda

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
  • Served 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
  • Host of Stark Integrity: The Stark Law and Compliance Podcast
  • Conducts regular seminars and workshops on numerous health care laws, 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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