CMS maintains and annually updates a List of Current Procedural Terminology (CPT) / Healthcare Common Procedure Coding System (HCPCS) Codes (Code List), which identifies all the items and services included within certain DHS categories. This is very useful when making sure your group compensation … [Read more...]
Tuomey case finally comes to a close
The federal False Claims Act (FCA) case against Tuomey Healthcare System, which is generally viewed as the landmark case with regard to the Stark law, has finally come to a close. On October 16, 2015, the Department of Justice (DOJ) announced that Tuomey, a system based in Sumter, North Carolina, … [Read more...]
Determining appropriate overhead allocations
Question. We have an OB/Gyn group. The founding partner wishes to no longer be on call nor handle OB. In computing her share of the practice expenses, she will be charged a percentage of fixed overhead and a different percentage of variable overhead. There is a disagreement between the … [Read more...]
Reviewing/Affirming Your Group’s Compensation Philosophy
Before considering any specific pay formula or plan, the initial stage of analysis for an organization should be a review of its compensation philosophy, and today many groups are undertaking a careful analysis of what they feel the goals and objectives of their compensation formula should … [Read more...]
New MGMA physician compensation survey highlights released
The Medical Group Management Association ("MGMA") recently released the result highlights of the largest physician compensation survey in the United States. The survey is based on 2010 data from 60,000 providers in more than 150 specialties; the publically reported figures focus on 15 … [Read more...]
Example language for base salary plus incentive compensation based on single, stated threshold amount
This language may be used when, in addition to a base salary, a physician employee will receive incentive compensation in excess of an incentive threshold, which is a single, stated amount. As an incentive bonus, the physician may earn a given percentage of net collections from the physician’s … [Read more...]