Hospitals, including LTACHs, and Physicians Required to Disclose Physician Ownership Beginning June 8, 2009

Posted by Jason Greis on March 16, 2009 under Articles | Be the First to Comment

On March 6, 2009, the Centers for Medicare and Medicaid Services (CMS) released a CMS Manuals System transmittal implementing a final rule from the hospital inpatient prospective payment system (IPPS) for fiscal year 2008 requiring disclosure of physician ownership or investment in physician-owned hospitals.  Effective June 8, 2009 Medicare-participating hospitals will be required to disclose physician ownership or investment information to patients when a referring physician (or his or her immediate family members) has an ownership interest in a hospital.  Physicians also will be required to disclose their ownership or investment interests (and the ownership or investment interests of their immediate family members) in all physician-owned hospitals to which a physician refers patients.  A physician’s ownership or investment interest may be through equity, debt, or other means, and includes an interest in any indirect entity that holds an ownership or investment interest in a hospital. Read More...

Federal Stimulus Bill Significantly Expands the Scope of HIPAA’s Privacy and Security Requirements

Posted by Jason Greis on February 24, 2009 under Articles | Be the First to Comment

On February 17, 2009, President Barack Obama signed the American Recovery and Reinvestment Act of 2009 (the “ARRA”), commonly referred to as the federal stimulus bill. The ARRA contains several provisions — intended to promote the use of health information technology — that would significantly expand the scope of the privacy and security requirements of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”). These changes, summarized below, include: Read More...

Key CMS Amendments to Physician Self-Referral Rules Contained in the 2009 IPPS: The Disclosure of Financial Relationships Report: A Stark Compliance Audit for Hospitals (8/29/08)

Posted by Jason Greis on December 8, 2008 under Articles | Be the First to Comment

The Centers for Medicare and Medicaid Services (“CMS”) published the 2009 Inpatient Prospective Payment Systems final rule (“Final Rule”) in the Federal Register on August 19, 2008. The Final Rule includes several important changes to the Stark Act that will likely impact many health care providers. Among the notable revisions to the Stark Act announced in the Final Rule, CMS reiterated its intent to conduct an audit of hospital financial relationships with physicians in the near future. Read More...