Resources:
Grow in knowledge.
Nixon Law Group, a leading boutique healthcare law firm, welcomes Caitlin Riccobono, Esq.
VIRGINIA, June 5, 2017/Nixon Law Group, PLLC/- Nixon Law Group, a Virginia-based boutique law firm representing clients in the healthcare industry exclusively, begins Summer 2017 by welcoming Caitlin Riccobono, Esq. as Counsel with the firm. Cait will be based in Nixon Law Group’s Richmond office. Prior to beginning her career as a healthcare lawyer, Cait spent five years in skilled nursing/long-term care facilities as a social worker.
Physician Employment Contracts: The Compensation Package
Before signing an employment contract, it is crucial to understand the details of your compensation package. Often, things are not as straightforward as they may appear, and small details may make a big difference to your take-home bottom line and your lifestyle. Before you sign on the dotted line, consider both the cash and non-cash components and evaluate what is most important to you.
Increase Medical Practice Revenue with Ancillary Services
As physician revenues decline, and medical practices are feeling the pressure of the shift to value-based payment, more physicians are choosing to add ancillary services to their practices to boost revenue. Ancillary services are healthcare services provided by a clinician that are in addition to or complementary to basic medical or surgical services. Examples include medication dispensing, radiography, weight-loss services, in-office diagnostic testing, nutrition counseling, alternative treatments, such as acupuncture and massage, physical therapy, immunotherapy, mental health counseling, urgent care, cosmetic (“med spa”) services, and many more.
Six Things to Watch Out for in Physician Employment Agreements
Healthcare reform and the shift from fee-for-service to value-based reimbursement has brought a host of new complexities to the day-to-day practice of medicine. As a result, more and more physicians are choosing to be employed by a hospital or health system, rather than owning and running their own practice.
Physician's Guide to the New DOL Overtime Pay Law
On May 23, 2016, the Department of Labor passed long-awaited overtime pay rules, modifying the Fair Labor Standards Act (FLSA) for the first time in 12 years. The overtime rules apply to all industries across the country, but will like have a major impact on the healthcare industry, especially independent physician and other clinician employers. The rule significantly increases the amount of money an employee must be paid for that employee to qualify as exempt from the overtime pay rules. This means a much larger pool of employees that now qualify for overtime pay (an additional 4.2 million Americans), and likely significant cost increases for employers. Some healthcare employers will be hit harder than others.
6 Key Things Medical Practices Should Consider When Negotiating Payer Contracts
Learn what kinds of questions you and your medical practice team should be asking when negotiating insurance contracts.