Expensive Mistakes: Using Lease Administration to Avoid Stark Law Penalties
By Lynn O’Donnell, Director of Marketing, Healthcare
Does your organization use multiple spreadsheets or other manual processes to track leases? If so, it can be a struggle to maintain consistency across lease data and challenging to access the information you need. And when maintaining your lease data is difficult, so can be assuring compliance with the Stark Law.
Staying in compliance with the Stark Law can be both complex and confusing. The Stark Law governs physician self-referral for Medicare and Medicaid patients. In general, it prohibits referring a patient to a physician or medical facility in which there is a financial interest. In order to avoid pricy penalties, health providers must self-report in several operative areas, including its office space and equipment leases with physicians.
Download our free eBook on “Expensive Mistakes: Using Lease Administration to Avoid Stark Law Penalties” to learn how your organization can adopt proactive compliance strategies to minimize risk, identify issues and protect your organization from enforcement actions. It explains lease limitations set by Stark Law, and how a Lease Administration solution, such as Siterra from Accruent, can help prevent you from making expensive mistakes.