By Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email Mathew Email Stacey Introduction When healthcare providers consider their options with respect to selling their practices, many providers are entertaining the idea of selling their practices to a private equity firm. While this may seem very enticing to many providers as the purchase price is […]
Continue reading…Understanding the Legal Ramifications Involving Medispas
By Mathew J. Levy, Esq. and Stacey Lipitz Marder, Esq.Email Mathew Email Stacey Introduction Medical Spas (“Medispa”) are becoming very popular as business men and women seek to capitalize on being able to provide botox, fillers, lasers and other medical services to their clientele. While many healthcare providers are being presented with enticing opportunities to […]
Continue reading…Understanding Compliance
By Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq. It is tough being a provider today. Providers are expected to provide top quality clinical care to their patients and comply with the myriad of rules and regulations governing health care providers at the federal and state level, in additional to rules and regulations instituted […]
Continue reading…Featured in the Journal of the Nassau County Bar Association June 2018: Understanding the Legal Implications Involving Management Services Organizations
By Mathew J. Levy, Esq. Email Mathew Introduction Management Services Organizations (“MSOs”) can provide real and appreciable benefits to busy practitioners, allowing them to provide better patient care, unencumbered by the demands of micromanaging the business. MSOs can also be a productive venture for those who own and operate them. The ability to provide a […]
Continue reading…Understanding The Process of Leaving A Large Mega Group or Hospital After a Merger
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Weiss Zarett Brofman Sonnenklar & Levy, P.C.Email the Author For many physicians, the idea of merging their practice with a hospital or large mega group was very attractive due to promises of increased take home pay while not having to deal with the day to day […]
Continue reading…Understanding Telemedicine
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq. Email the Author It is undisputed that telemedicine is the future of medicine. Telemedicine eliminates distance barriers giving providers the opportunity to render services offsite, as well as to use electronic interactive technologies to assess, diagnose and/or treat medical conditions when patients are not physically present. […]
Continue reading…Understanding Physician Employment Contracts When Joining a Hospital
By Mathew J. Levy, Esq. Physicians presented with a new employment agreement from a hospital may feel as if they are unable to negotiate any of the terms and conditions contained in the agreement. While certain terms may be non-negotiable and considered industry standard, there are many provisions in a hospital employment agreement that may […]
Continue reading…Understanding Financial Arrangements Between Anesthesiologist and Ambulatory Surgical Centers as per the Recent OIG Opinion
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Introduction The Department of Health and Human Services’ Office of Inspector General (“OIG”) issued a long awaited advisory opinion on May 25, 2012 offering guidance as to the proposed arrangements between Ambulatory Surgery Centers and anesthesia services providers (OIG Advisory Opinion No. 12-06). […]
Continue reading…Understanding Ambulatory Surgery Centers
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Introduction: It is no secret that ambulatory surgery centers (“ASCs”) are becoming the go to place for physicians to perform procedures as opposed to hospitals as physicians attempt to increase revenue and align with hospitals. As per the Centers for Medicare and Medicaid […]
Continue reading…Understanding Business Associates
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Overview: Throughout a health care provider’s career, he/she will often enter into several relationships with third party vendors – billing companies, EMR companies, marketing companies, internet providers, staffing companies and medical device/equipment suppliers to name a few. The relationship between these third party […]
Continue reading…Understanding Physician Advertising
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Overview: Marketing has taken on a more prominent role in medical practices as a way to attract new patients. As such, physicians need to ensure that their marketing initiatives are in compliance with all of the applicable rules and regulations governing physician advertising, […]
Continue reading…Understanding Succession Planning
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Introduction: Dr. Smith has been practicing as a solo practitioner in New York for many years – although he currently has a very successful practice, due to personal circumstances, Dr. Smith is ready to retire. As retirement approaches for Dr. Smith, what are […]
Continue reading…Understanding IPAs
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Overview: As the healthcare industry evolves and reimbursement rates from third party payors decrease, many physicians are quickly realizing that they must ban together in order to survive. In addition to joining or forming large group practices, many physicians are being drawn to […]
Continue reading…Understanding Third Party Vendor Relationships
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Overview: Throughout a physician’s career, he/she will enter into several relationships with third party vendors – billing companies, EMR companies, marketing companies, internet providers, staffing companies and medical device/equipment suppliers to name a few. Prior to entering into these arrangements with third parties […]
Continue reading…Understanding The Process of Merging Your Medical Practice with A Large Mega Group or Hospital
By: Mathew J. Levy, Esq. & Stacey Lipitz Marder, Esq.Email the Author Overview: As the costs of running a medical practice increase while the reimbursement rates from third party payors decrease, many physicians are being drawn to offers from large medical groups and hospitals to take over their practices. Although many physicians are attracted by […]
Continue reading…Understanding Partnerships, Limited Liability Companies & Corporations
By: Mathew J. Levy, Esq.Email the Author Opening a practice or embarking upon a new business venture can be an exciting and anxiety provoking experience. Often professionals spend too little time considering what business structure would maximize their profit and minimize their exposure to liability. Partnerships, limited liability companies and corporations are three of the […]
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