Outpatient Surgery Magazine

The Art of the IV Start - December 2014 - Subscribe to Outpatient Surgery Magazine

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

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3 7 D E C E M B E R 2 0 1 4 | O U T P AT I E N T S U R G E R Y M A G A Z I N E O N L I N E Mark E. Manigan, JD LEGAL UPDATE Price Your Physician Buy-Ins With Care 3 lessons learned from a $5M whistleblower settlement. M eridian Surgical Partners, a Brentwood, Tenn.-based ASC development and management firm, agreed in September to pay $5.12 million to settle a whistleblower lawsuit in which the former business office manager of a Florida facility accused the company of engaging in Medicare fraud through kickbacks for physi- cian referrals. The settlement almost certainly signaled that the days of quick-and-dirty physician buy-ins are over. According to the suit, Meridian had purchased a 60% share of the Treasure Coast Surgery Center in Stuart, Fla., for $96,000 a share. Shortly afterwards, it sold ownership interests to physician-utilizers for $25,000 a share. The whistleblower, Thomas Reed Simmons,

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