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 9 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 LEGAL UPDATE for the same product. For example, a controlling interest is worth more than a minority interest that can be terminated without cause. From a practical standpoint, supporting your purchase price with doc- umented valuation guidance from an independent, third-party expert is an ounce of prevention. Keep compliance consistent. ASC owners may want to consider reinvigorating their compliance efforts with the following strate- gies. Establish and maintain a strong compliance program through the continuing training of staff, professionals and owners on the bound- aries of healthcare rules and regulations, and empower them to speak up if they see transactions they don't approve of. Amicable departures. Facility leaders should seek to address com- pliance issues in exit interviews with departing employees. When you're discussing their reasons for leaving, find out whether anything in the facility's operations was a factor. This can serve as compliance due diligence and lead to corrective action. OSM Mr. Manigan ( mmanigan@b racheichler.com ) is a member of the health law practice at Brach Eichler in Roseland, N.J. He specializes in representing sur- gery centers and large physician groups. 3 2

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