Physician Contracting Tips for Post Acute Facilities
The Affordable Care Act mandates that all post acute care facilities have compliance programs. The law also includes stronger penalties for Stark and Anti-Kickback violations. Post acute administrators have no choice but to get prepared.
Given that time is of the essence, what’s the fastest way to find appropriate medical director rates? What is the simplest way to document compliance?
High-quality market data is the most straightforward way to ensure that your physician contracts are fair market value. Once you have chosen the best data or product for your facility, check where your current rates fall within the benchmarks. If you are under the 75th percentile, you can document your rate as compliant. If you are selecting rates, determine a market range that will work for your organization across facilities and positions. Consistency is hallmark to a successful compliance program.