In this video, Brian Fleetham and Ralph Levy, Jr. delve deep into the intricacies of negotiating physician employment agreements. They shed light on crucial aspects such as the need for compatibility between the employer and the employee, the financial implications, work-life balance, and the potential consequences if things don't work out.
- The three main federal laws that govern almost everything done in healthcare are the federal Anti-Kickback Statute, the Stark Law, and HIPAA.
- When hiring physicians, it's important to consider their fit within the organization, their potential as future owners, and mechanisms to incentivize them.
- The Stark Law specifically prohibits physician referrals to an entity where they have a financial interest for certain ancillary services.