Becker's Healthcare January 2, 2024
Patsy Newitt

ASCs, physician groups and hospitals can provide non-monetary compensation to physicians up to an amount of $507 for the calendar year 2024, according to a Dec. 27 Lexology report.

Non-monetary payments that do not exceed $507 can be provided as long as the pay doesn’t take into account the volume or value of referrals generated by the physician and is not solicited by the physician or the physician’s practice.

If the physician group or ASC has accidentally provided a non-monetary compensation over the $507 limit, it will be deemed within the limit if the excess value is no more than 50% and the physician returns the excess. The return must...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: Govt Agencies, Provider, Regulations, Survey / Study, Trends
Challenges with Effective Price Transparency Analyses
Survey finds many Americans greatly overestimate primary care spending
Athenahealth to offer Abridge's AI scribe to its network of thousands of doctors
How health tech companies drop the ball in pitches to hospitals
Listeria reported in shakes used in nursing homes, leading to hospitalizations and deaths

Share This Article