Program Description
Many, but not all, physician acquisition and employment deals by health systems favor direct hospital employment over the creation of subsidiary group practices, and some health systems are transitioning from the group model back to a direct employment model. The Stark-defined group practice, grounded in regulations written more than a decade ago and until recently largely untested, presents both a unique opportunity for compensation flexibility in support of physician alignment and unequaled complexity and compliance challenges. This webinar will investigate Stark compliance and valuation implications unique to the group practice and direct employment models and discuss recent case legal developments that further illustrate these concepts.
Learning Objectives
After completing this webinar, attendees will be able to:
- Recognize the Stark law definition of a group practice
- Contrast, in basic terms, the requirements of the Stark group practice with the elements of the bona fide employment relationships exception of the Stark law
- Identify compensation valuation issues unique to the hospital-owned group practice model in the preparation or review of fair market value analyses
Who Should Attend
CPAs representing health care providers, valuation analysts, and health care attorneys
Presenter(s)
Gregory D. Anderson, CPA, ABV, CVA
Mr. Gregory D. Anderson is a partner with HORNE and concentrates his practice in consulting on income distribution plans for physician group practices; fair market value studies related to hospital/physician employment and other compensation arrangements; and the valuation of medical practices, diagnostic facilities, ambulatory surgery centers, hospitals, and other healthcare facilities. Mr. Anderson regularly writes and speaks on healthcare valuation and physician compensation plans. Greg is a CPA, Accredited in Business Valuation, and a Certified Valuation Analyst. Mr. Anderson is a member of the AICPA, NACVA, MGMA, HFMA, and the American Health Lawyers Association.
Joseph Wolfe, JD
Mr. Joseph Wolfe assists hospitals and healthcare providers with planning and implementing compliance-focused physician alignment and compensation strategies. He is experienced in structuring, negotiating and auditing many types of hospital-physician arrangements and transactions (e.g., physician practice acquisitions, affiliations and joint ventures, physician employment, personal service and recruitment arrangements, etc.). His practice includes assisting clients with the development of individual physician compensation arrangements and system-wide compensation plans, incorporation of quality-based payment models and the implementation of governance processes for approval, and documentation of commercial reasonableness and fair market value. Mr. Wolfe also regularly advises clients on fraud and abuse issues, including compliance with the Anti-Kickback Statute, the Stark Law, the False Claims Act and their implementing regulations and agency guidance. Before attending law school at the University of Wisconsin, he served as a combat engineer in the United States Army.
CPE Credit |
Gregory D. Anderson, CPA, ABV, CVA
Joseph Wolfe, JD
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