Corporate Regulations As They Relate To Management Service Organizations (MSOs)
Physicians and health care providers should be able to focus on doing what they do best: providing health care services to their patients. Unfortunately, health care is far more complicated than that.
Physicians and clinics often rely on the services of Management Service Organizations (MSO’s) to deal with the business and corporate side of practicing medicine. If you’re not careful, MSOs can often cross a line from managing a business to practicing medicine.
At Centauri Law Group P.C. in California we can assist you in your efforts to ensure you are operating in compliance with the law, not compromising your professional interests and not sacrificing the quality of care your patients need. Contact us today.
The Complexity Of The Corporate Practice Of Medicine
Managing a health care practice requires close adherence to regulations from the Medical Board of California, The American Board of Medical Specialties (ABMS) and other regulatory agencies. Some of these organizations have standards and codes that contradict each other.
As a result, physicians, dentists and other health care professionals can easily fall short of compliance and put their clinics at risk. MSO’s help bridge the gap for health care providers by handling the corporate elements of health care, but many times they overextend their reach. Their incentive is to be profitable as a business, rather than primarily focus on providing quality care.
Make sure you have a law firm on your side that understands these complex business relationships and how to properly structure your organization to be successful while abiding by important industry laws, such as Stark Law.