Medical Economics October 1, 2024
Management service organizations (MSOs) remain a popular approach to structuring health care relationships and transactions. Although easy to organize and operate, there are many legal and compliance issues to be aware of in order to ensure a long-term and successful undertaking. This article will explore how and why MSOs are used in health care and some of the specific challenges in the current health care legal environment.
MSOs explained
An MSO is a third-party entity that provides a variety of nonclinical services to health care providers. These services can include practice management, revenue cycle management, human resources, compliance, information technology support, marketing, billing, collections, compliance, payer contract negotiation, vendor contract negotiation, payroll, payment of taxes and more. Some MSOs also...