These laws can be implicated in a number of ways; for example, you have another practice that may be a referral source for the medical practice. It is important to note that each state may also have its own anti-kickback rules; therefore, before deciding to purchase a practice, you should consider consulting with a healthcare attorney to ensure that you are in compliance with laws at both the federal and state level.
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September 2016Know the Issues
Of course, these issues can be addressed throughout the transaction; however, knowing that the issues exist, evaluating whether they are going to be hurdles to your transaction, and discussing them with your attorney and her team at the onset of the transaction may help determine what actions are necessary. This forethought can be extremely beneficial for all parties involved in the transaction, making the process that much more efficient and smoother.
Steven M. Harris, Esq., is a nationally recognized healthcare attorney and a member of the law firm McDonald Hopkins LLC. Contact him at sharris@mcdonaldhopkins.com.
Reprinted with permission from the American College of Rheumatology.