The U.S. Department of Justice recently announced that Daiichi Sankyo Inc.,a global pharmaceutical company based in New Jersey, agreed to pay the U.S.and State Medicaid programs $39 million in a settlement agreement regardingallegations that it violated the False Claims Act […]
Over the last several years charitable hospitals have been keeping an eye on the requirements of Code Section 501(r), which was added by the Patient Protection and Affordable Care Act. In 2012 and 2013, the Internal Revenue Service issued proposed […]
Lawyers are always full of advice about how you should do this or that to protect you and your business. Inevitably, that advice seems to require 5 pages of small print in a contract. While your lawyer may have very […]
The Internal Revenue Service (IRS) issued a private letter ruling in December2014(PLR 201451009) that has gotten the attention of professional management companies and investor-owned hospitals that have managerial interests in captive professional corporations (PCs).
The IRS ruled that captive PCs may […]
Physicians are increasingly leaving their private practices to become employees athospitals or to affiliate with provider groups. BNA’s Health Law Reporter recently wrote that hospital/physician alignment would be the top issue in healthcare law in 2015. The Reporter’s advisory board […]
Turning profits into loss? Why would I do that? No dealer is in business to lose money. But what if the types of products and services you sell lead to a situation where losses from one bad transaction wipe out […]
Most dealerships obtain financing from a variety of sources. Dealers may have an operating line of credit from a local bank, multiple floor plan providers for wholegood purchases and direct financing from suppliers for equipment and/or parts. Normal finance documents […]
Last month, the Indiana Court of Appeals upheld a $1.44 million jury verdictagainst Walgreens and a pharmacist employed by Walgreens for breaching their duties to keep customer prescription history private. In this case, the pharmacist used private customer prescription history […]