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Entries by Jimmy Wade

Metric Achievement: A Growing Component of Physician Compensation

Posted 9:01 PM by
More and more, the healthcare marketplace is placing increased importance on patient satisfaction and quality care. As such, compensation models for physicians are increasingly emphasizing the importance of achieving certain patient satisfaction and quality-care metrics.
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Proper Tax Treatment of Ambulatory Surgery Center Income - A Complicated Matter

Posted 9:53 PM by
How do you determine whether a physician's income from an Ambulatory Surgery Center (ASC) should be treated as passive income or active income on an individual income tax return? There is no one-size-fits-all answer to the question of how to treat ASC income, but below are some of the key issues to think about when considering whether ASC income should be passive or active.
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Stark Violators Can Self-Report to Minimize Penalties

Posted 5:00 PM by
In 2010, the Centers for Medicare & Medicaid Services (CMS) enacted a Self-Referral Disclosure Protocol authorizing all healthcare companies in violation of the Stark Law to self-report their own wrongdoing in order to minimize the financial risk of violating the Stark regulations. So far, the settlement amounts have proven to save these healthcare companies substantial sums of money.
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The Appeal of Accountable Care Organizations to Private Practice Physicians

Posted 9:21 PM by
Accountable Care Organizations (ACOs), the subject of much speculation and debate, are officially a part of the ever-changing landscape of American healthcare. In July of 2012, the Department of Health and Human Services (HHS) announced that 89 healthcare organizations across the country qualified to become ACOs.
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