I worked for a large non-for-profit system “papering” physician employment, loans, and other physician alignment strategies. I regarded compliance as a necessary evil.
It’s actually smart to conduct your organization’s business within in the bounds of federal regulations. The Department of Justice (DOJ) hasn’t taken 2018 off and when they hit an organization, the fine tends to go big. And, now it’s even personal – healthcare executives are being given prison time. As one Ludi client has stated, “Orange is not my color.”
The DOJ does not mess around when it comes to compliance. And you shouldn’t either.
Does your system embrace compliance standards? Does your compliance officer have a seat at the table when physician arrangements are being constructed and operationalized? These folks are not simply to be ignored or steered around; they offer sound business insight to help the health system ensure it is acting legally within the context of its physician partnerships.
