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June 2018 Archives

Opioid prescriptions: Why physicians need be wary.

A recent report from the New York State Health Foundation has confirmed a link between payment to doctors from pharmaceutical companies and an increase in the rate of opioid prescriptions. The research included a review of data from 2013 to 2015. During this time, the report states pharmaceutical companies provided over $3.5 million in payments to New York physicians.

Considering selling your practice or healthcare business?

The healthcare industry is a dynamic marketplace. Buyers are increasingly considering the purchase of physician groups and medical equipment companies. The buyer can take on many different forms. In some cases, the buyer may be a hospital system while in others a private practice or medical equipment business may find themselves negotiating with venture-capital groups. Medical equipment companies may find the prospect tempting as insurance companies continue to cut reimbursements. Physician groups may find the thought of focusing on patient care and leaving business affairs in the hands of others enticing. Whatever the motivation for the sale, medical equipment business owners and physician groups are wise to take proactive steps to better ensure a smooth transition.

Three tips for physicians using social media

Social media has permeated our professional and social lives. Some medical professionals are using this platform to their advantage. When used wisely, social media can help to build your professional reputation and expand your network. However, a misstep could lead to potential medical license issues or liability concerns.

New York doctor's medical license application answer redacted

A New York doctor was accused of stealing medications from patients when he practiced in North Carolina. When he applied for a New York medical license, the form asked if his license had been in the past suspended in another state.

New York medical transportation company charged with fraud

New York is cracking down on medical transport fraud throughout the state. The Inspector General has stated that the medical transportation industry in the state is “plagued with corruption,” and that law enforcement is working to send “a clear message that those who abuse Medicaid and workers compensation systems for illicit gains will be relentlessly pursued and prosecuted.”

Physician faces $5 million fine for prescription and health care fraud

The Department of Justice (DOJ) continues its fight against the opioid crisis in the United States. As part of this fight, Attorney General Jeff Sessions has sent a dozen top federal prosecutors to scour the country for medical professionals that allegedly abuse the system. More specifically, these agents are looking for physicians that subscribe opioid medications in questionable situations.

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