"Insights: Owning it! Strategic planning, navigating M&A and staying independent in healthcare today"

June 17, 2019

News

Today, less than half of physicians remain independent!

In this MGMA Insights podcast, MGMA senior editors Craig Wiberg and Daniel Williams are joined by McDonald Hopkins' Isabelle Bibet-Kalinyak and other industry experts who explore the driving forces behind the high rate of transactional activity and provide practices with a set of guidelines to help them remain independent.explore the reasons behind the high rate of mergers, acquisitions and the overall landscape of medical practice consolidation. The MGMA podcast also looks at key factors including value-based reimbursement, shrinking margins, and record-high healthcare spending as reasons for the transactional activity.

Additional industry experts interviewed include:

* Neil Johnson, Managing Partner at Lawrence, Evans & Co., LLC
* Will Latham, President, Latham Consulting Group
* Cameron Cox III, CEO, MSOC Health

Click here to listen to the podcast.

Skilled nursing facilities will soon be required to significantly expand their reporting of ownership and control information on newly updated CMS-855A forms. Private equity companies and other organizations like real estate investment trusts have been named as one of the reasons that the expanded reporting for SNFs has been implemented. As such, these organizations should be aware that they may be a part of this reporting through a number of routes.

Over the past 24 months, the U.S. Department of Health and Human Services Office for Civil Rights has brought notable enforcement efforts against several non-profit covered entities and business associates, resulting in instances of six and seven-figure penalties against providers across the county for incidents involving breaches of protected health information.

A new amendment to New York state law, which would have required all healthcare providers to obtain separate consents from patients for treatment and payment is on hold until further guidance is released, according to the New York Department of Health.

"Insights: Owning it! Strategic planning, navigating M&A and staying independent in healthcare today"

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