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R&R Insurance Blog

Is Your Healthcare Practice Covered For Compliance Allegations?

Posted by the knowledge brokers

In 2009, medicare reclaimed $2.51 billion from physicians and other health-care providers which is a 29% increase over the prior year. Over $441 million in federal medicare money was returned in 2009 which was a 29% increase over 2008.

R&R Insurance offers protection for your practice and reputation with FFActs Regulatory Compliance Insurance. Coverage Includes:

  • Protection from Alleged Medicare/Medicaid Overpayment and Commercial Payor Audits (including RAC)
  • Alleged Violations of HIPAA (Patient Privacy), STARK (Patient Referral) and EMTALA (Emergency Room Treatment)
  • For Medicare Commercial Payor audits, Regulatory Insurance covers penalties, fines, defense and consulting work up to $1 million for a single claim
  • provides experience legal experts and consultants
  • Offers protection from six year Medicare look back period
  • Board of Medical Examiners review coverage included

For more information about Regulatory Compliance Insurance, contact a knowledgebroker.

Topics: Healthcare, RAC audits, regulatory compliance insurance, Business Insurance, FFActs, protect your practice

STARK Violations - Non Compliant Healthcare Referral Agreements

Posted by the knowledge brokers

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 essential as well as having the proper coverage in case of an investigation and possible allegations.

More Stark Violations and Civil Monetary Penalty Claims

For more information about Regulatory Compliance Insurance, contact a knowledgebroker.

Topics: Healthcare, STARK violations, non-compliant referral agreements, Business Insurance, FFActs, referral relationships, financial incentive arrangements, patient referral relationships, hospital contracts, STARK regulations