Compliance:
Don't Let Your Financial Arrangements Get You Into Sticky Situations
Published on Thu Jun 28, 2012
Keep an eye open for these compliance minefields.That the OIG means business is clear from the recent takedown which put over 100 health care professionals out of business. You too can ensure that your compliance plan is airtight with these quick tips to keep your practice out of hot water.Helping With Copays Could Hurt YouWith insurance restrictions on many Part B procedures, your office might be tempted to assist patients by offering discounts or even waiving copayments or deductibles. But protecting your patient's pocket could seriously jeopardize the health of your practice.Perhaps the best advice when it comes to discounting or waiving fees is that you should avoid it if you can, but if you insist on treading into this area, you need to do so extremely carefully.Reason: Financial arrangements that differ from the billing obligations laid out in your contract with government or third-party payers can result in fraud [...]