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Business of Medicine » Legal Matters

Anatomy of a Noncompetition Clause: Now’s the time to review your employment contract

August 9, 2010

A physician who was recently offered a lucrative position with an otolaryngology practice in his community asked me to review his current employment agreement to determine if it contained any prohibitions against accepting the job. His previous employment contract contained a noncompetition clause that, justifiably, caused him and his prospective employer some concern. As it turned out, in his case, and in many others, the noncompetition clause was not as restrictive as it appeared at first glance. The provision was penetrable and my client joined the new practice with a clear conscience that he was not in violation of his previous contract.

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Audit Agony: Prepare yourself as insurers look to recoup funds

July 2, 2010

Hayes Wanamaker, MD, an otolaryngologist in Syracuse, N.Y., refers to the recovery audit process of insurance carriers as the proverbial camel’s nose under the tent.

Pages: 1 2 3 | Single Page

Health Reform Perks: Employer tax credits could benefit your practice

July 2, 2010

By now, you’re probably well versed in the clinical aspects of the health reform bill signed by President Obama in March. But what you may not know is that the bill includes a section that could benefit otolaryngologists and other physicians in their role as employers.

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Who’s Covering Your Tail? The ins and outs of professional liability insurance

June 9, 2010

Are you looking to switch medical practices? Are you in the market to purchase a professional malpractice insurance policy? Are you planning to retire soon? If you answered ‘yes’ to any of these questions, you will likely confront the concept of “tail” insurance.

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Avoid the Hot Seat: How to prepare for a CMS audit

April 1, 2010

In February, the Centers for Medicare and Medicaid Services (CMS) began rolling out its national Recovery Audit Contractor (RAC) program, aimed at ferreting out improper payments and preventing fraud, waste and abuse in the Medicare system. If you bill for Medicare fee-for-service, you are fair game for a RAC audit. A three-year demonstration of the RAC program, which ended in March 2008, heavily targeted bronchoscopy, injectable drugs and IV hydration therapy. But auditors are rapidly expanding the list, and the permanent program will include adenoidectomies, tonsillectomies, thyroidectomies and other otolaryngology-related procedures.

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Borrowing 101: Minimize risk when taking out a loan for your practice

March 1, 2010

For better or worse, medical practices are experiencing change. While many physicians are looking to expand their practice, other physicians are seeking a divorce from their current group.

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HIPAA Expansion: Ensure your practice meets the law’s new provisions

January 1, 2010

On Feb. 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (commonly referred to as ARRA or the Stimulus Bill) which includes the Health Information Technology for Economic and Clinical Health (HITECH) Act. The HITECH Act includes significant changes to the Health Insurance Portability and Accountability Act of 1996 (HIPAA) that affect otolaryngologists and other health care providers, as well as those who process or work with health care information. Below is a summary of how these new provisions, many of which go into effect this Feb. 17, will affect your practice.

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Managed Correctly, Hearing Aid Dispensing Augments the Bottom Line

December 1, 2009

SAN DIEGO-Hearing aids can become a reliable source of ancillary income for otolaryngologists, according to four speakers in the miniseminar, Hearing Aids: The Dollars and Cents of Dispensing, presented at the annual meeting of the American Academy of Otolaryngology-Head and Neck Surgery (AAO-HNS).

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Experts Urge Building Support System Before Jumping on Apology Bandwagon: ‘Be Proactive, Not Reactive’

October 1, 2008

Six years ago, in August 2001, the University of Michigan Health System (UMHS) had 262 pre-suit claims and lawsuits pending.

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Starting Out in Practice? Some Tips for Success

June 1, 2008

Heading into the real world of practice after completing residency is a daunting task, fraught with perils. Will you get into a practice you like? Will there be sufficient support staff?

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