May 2011

STARK Violations – Non Compliant Healthcare Referral Agreements

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May 25th, 2011

Patient referral relationships and financial incentive arrangements between hospitals and other healthcare services could be found in violation of the current STARK regulations (Non-Compliant Referral Agreements). Hospital contracts, leases and other side agreements are now under intense scrutiny and could prove costly to hospital practices for unintentional violations. Understanding the laws governing referral relationships is» Read Full Article

Tips for Boating With Your Dog

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May 24th, 2011

In an article by Eleanor Duse, she mentioned dogs usually like water. Som­e breeds, like Labrador retrievers, are traditional boat dogs. But that doesn’t mean you can take them on boats without considering their safety and well-being. Many dog owners assume their pets can swim, but a short doggy paddle in the pond is a» Read Full Article

Building Vacanies: Are You Covered?

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May 24th, 2011

One very obvious result of the economic downturn is how many times we notice once-thriving businesses we drive past every day are now sitting empty. This is troubling from an insurance perspective as well.  Vacant buildings are prone to certain types of perils.  It’s important to know that the majority of property insurance policies contain a vacancy condition that eliminates» Read Full Article

$611,250 Paid By Physician Group – They Had No Regulatory Compliance Coverage

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May 24th, 2011

This group paid $611,250 to resolve their liability under the Civil Monetary Penalties (CMP) applicable to kickbacks and physicians self-referrals. They did not have regulatory insurance and were responsible for the entire fine. More Civil Monetary Penalty Claims For more information about Regulatory Compliance Insurance, contact knowledgebroker Carla Borda at 262-953-7138. Carla Borda is R&R Insurance’s» Read Full Article

New Jersey Physician Absorbs Full Cost of Claim

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May 23rd, 2011

A Fairfield, New Jersey physician (now retired) paid $40,000 to resolve his liability under the Civil Monetary penalties provisions applicable to false claims and kickbacks. He did not have regulatory insurance and had to absorb the full cost. More Civil Monetary Penalty Claims For more information about Civil Monetary penalties or Regulatory Compliance Insurance, contact» Read Full Article

Use Your iPhone or iPad to Protect Your Personal Property

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May 20th, 2011

We saw a great article by Jim Guidry of the Wisconsin Office of the Commissioner of Insurance which had a great suggestion on another way to protect your property using your iPhone® or iPad®. With 2011 being a “bad claims” year, what better way to prepare and protect yourself this year than using your iPhone or iPad?» Read Full Article

9 Steps to Complete a Home Inventory

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May 20th, 2011

We talked about a great article we came across by Jim Guidry of the Wisconsin Office of the Commissioner of Insurance that talked about a way to protect your personal property by using your iPhone® or iPad®, he also gave some pointers on how to complete a home inventory. (Hint) A suggestion from our staff is to hire your teenager» Read Full Article

Is Your Sprinkler System Adequate?

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May 18th, 2011

Many people think that if you’ve seen one sprinkler system, you’ve seen them all! While this may appear to be the case, these systems are highly engineered and should be designed specifically for what you are doing in your building. Here are some key points about sprinkler protection and why this issue could be costing» Read Full Article

Roof Anchor Is Solution to OSHA’s New Residential Fall Protection Rules

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May 18th, 2011

In June, 2011, OSHA will implement their new residential fall protection rules.  This short video explains a common sense approach to comply with these new rules.   A copy of the new rules can be obtained by visiting www.OSHA.gov.  This video addresses how these new rules affect the obligations of the general contractor.  These rules apply» Read Full Article

Accountable Care Organizations: From Theory to Practice

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May 17th, 2011

Accountable Care Organizations, or ACOs, are certainly the buzz word in healthcare.  If you are a healthcare provider and serve at least 5000 medicare patients, you are either thinking about, talking about, or considering joining an ACO.  In preparing for a recent presentation at the WMGMA on this topic, I had to wonder how this» Read Full Article