Whether this is your first or fifth business acquisition, this type of transaction can be an emotional and exhilarating experience. For many people, purchasing a business is the culmination of a lifelong dream. For others, it is a strategic acquisition that will make a current business more competitive for the future. Regardless of whether you’re […]
Selling a business is not as simple as a handshake and a nod. There are multiple steps, any one of which could derail the entire process and expose you to litigation. The closer you get to selling your business, the higher the likelihood you could be subjected to litigation if the sale falls through. However, […]
The Stark Law is a federal law that prohibits doctors from engaging in “self-referrals.” A self-referral occurs when a doctor orders a designated health service that is payable by Medicaid or Medicare and that service is provided by an entity with which the physician has a financial relationship. For example, unless an exception to the […]
Choosing to sell your pharmacy is an important decision. Your business is the culmination of years of work and sacrifice. It is an understandably difficult choice to make, but one that all business owners will likely face. Whether you are selling because you received an offer you cannot refuse or you are moving on to […]
Violations of the Health Insurance Portability and Accountability Act (“HIPAA”) are serious offenses that will likely result in heavy fines. If an employee compromises a patient’s private health information, your facility must follow guidelines for reporting that violation. However, it is possible to catch violations before they happen. If a patient’s protected health information (such […]
Those who work in healthcare have to know every aspect of their jobs, but must also handle the additional responsibility of protecting the privacy of patients. If an employee’s actions result in a HIPAA violation, it will not only affect that employee, but also potentially jeopardize the entire organization. Healthcare facilities can face severe penalties […]
The usefulness of social media for business cannot be overstated. These websites and apps allow companies to connect with clients immediately and to advertise their services to a wide audience. Although these are great developments, as with any new technology, there is a good side and a bad side. For many people, social media also […]
The Health Insurance Portability and Accountability Act (HIPAA) requires hospitals and other medical institutions to implement security procedures as safeguards for patient information. Poorly guarded information could lead to identity theft, as well as professional and personal consequences for people with compromising medical conditions or histories. The penalties for HIPAA violations are also severe for […]
No matter the kind of business you run, you will definitely face competition. How you compare with your competitors when it comes to things like the quality of service you offer is something you may question. This competition is why you should consider hiring an independent review organization (IRO). An independent review organization (IRO) is […]
Physicians have been confused about Stark Law and how it applies to them. Some believe the law applies to all fraud and abuse violations, but it is only relevant when it comes to particular healthcare services and Medicare beneficiaries. The law also applies indirectly to referrals of Medicaid beneficiaries, but for simplicity, we will only […]
The attorneys at Brown & Fortunato, P.C. are licensed by the Supreme Court of Texas. Some of the Attorneys are licensed in other states as noted in the attorney profiles. Except where noted, they are not certified by the Texas Board of Legal Specialization.
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