Wednesday, July 16, 2014
Entities covered under the HIPAA Privacy Rules face very high penalties for failing to properly handle protected health information (PHI) as one Indiana non-profit health care system learned to the tune of $800,000. If you handle PHI there is a good chance the privacy rules apply to you and you must ensure your staff follows […]
Tuesday, July 15, 2014
Your dealership just completed a merger. You did everything by the book: took your time getting to know the other organization, set up a new organization, agreed to a fair value and established how the new ownership group would work together going forward. You will now be able to operate cohesively for years to come […]
Tuesday, July 8, 2014
The U.S. Department of Health and Human Services, Office of Inspector General(OIG) recently issued a Special Fraud Alert based on a concern that laboratory payments to referring physicians and physician group practices for blood specimen collection, processing, and packaging, and for submitting patient data to a registry or database could constitute illegal remuneration under the […]
Wednesday, July 2, 2014
In July 2013 the U.S. Department of Health and Human Services (HHS)issued a final regulation allowing 340B covered entities (public safety-net health providers) to purchase orphan drugs at the discounted 340B prices even when the drugs aren’t used to treat the rare disease or condition for which the drug obtained orphan status. However, in May […]
Tuesday, July 1, 2014
Completing a dealer transfer is hard work and often compressed into a short amount of time. For those involved in a merger, you might think of it as planning for a wedding … a lot of work culminating in a single day in which your life significantly changes. But once the day is over, the […]
Tuesday, June 24, 2014
Catherine Nazari, an unsatisfied plastic surgery patient, voiced her dissatisfaction with her physician Jean Loftus online. The comments were critical of Dr. Loftus, so Loftus filed suit for defamation and tortious interference. Unfortunately for the physician, and an important lesson for all physicians, the federal trial court in Kentucky ruled that a physician generally does […]
Wednesday, June 18, 2014
The moment has arrived. After many years of hard work and countless conversations with family and other owners, you made the decision … I’m going to sell my dealership. But now what? Making the decision to sell your dealership is often the hardest part of the transfer process. But once that decision is made, other […]
Monday, June 16, 2014
Prior to 2014, employers could reimburse employees for some or all of their costs to obtain their own individual health insurance policies rather than offering health plans directly to the employees. This benefit was tax-free to employees, whether the employer reimbursed employees directly or paid amounts to their insurance companies. Unfortunately for employers, however, the […]
Tuesday, June 3, 2014
Most owners considering the sale or purchase of a business enter the process thinking there will be two parties at the table – buyer and seller. Unfortunately, for equipment dealers, the rights of manufacturers in dealer agreements mean that it usually takes three to tango. Like it or not, your dealership is tied to your […]
Wednesday, May 21, 2014
Do you ever stop and ask “how are my investments doing”? We all do that at some point, but when you ask this question, are you thinking about your dealership? If you are like many dealers, your dealership is your largest investment. But knowing how your dealership investment is doing is tough because it isn’t […]