In our previous post, we examined the origins and rationale underlying the Stark Law’s prohibition against physician self-referral. In this post, we look at exactly what the Stark Law prohibits.
Whether you are setting up a practice group with friends just out of medical school, breaking off from an existing medical practice, or merging your practice with another doctor’s, there are some decisions you must make when forming a new practice group that can have far-reaching consequences.
This series of blog posts will explore some of the common issues that must be considered when forming a new practice group, from how to allocate the practice’s income and apportion expenses, to how to deal with a partner’s death, disability or retirement, to dealing with personal issues that can affect the group, such as divorce and bankruptcy. This first post will look at the first decision that will need to be made as you set up your practice: how the entity will be formed.