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Latest episodes from Wisdom. Applied.

Speak Truth to Numbers

Play Episode Listen Later Jun 26, 2025 2:50


Bureaucratic sorts are drawn to numbers because numbers can be gathered and processed and manipulated, all with the goal of lifetime employment for those bean counters.

A Ban on PE in Medical Practice and a Gutting of Practice Value

Play Episode Listen Later Jun 26, 2025 11:04


Certainly, Oregon is a small state in terms of medical practice, but what's happened in Oregon could, and some say will, spread across the country.

Pain Doc Likely in Pain After Settling Allegations That Billed Procedures Weren't Performed

Play Episode Listen Later Jun 26, 2025 2:52


Was it a scam or an error? A settlement is just that and there's been no determination of liability. Neither you nor I can know for sure what went on, but either way, there's a lesson here about billing compliance.

Why Hospital-Based Medical Groups Must Exploit Honey Bee Strategy

Play Episode Listen Later Jun 26, 2025 2:12


Considering honey bees have been on earth for between 40 to 150 million years, it pays to consider their hive strategy for success, especially because it maps perfectly onto medical groups.

14 Month Prison Term in “Doctor Chasing” Scam

Play Episode Listen Later Jun 26, 2025 3:10


There's huge danger in any arrangement in which you put your prescribing imprimatur on any script or order for any item, especially those reimbursed by Medicare.

DOJ to Focus on Criminal Healthcare Fraud and Prosecuting the Individuals Involved

Play Episode Listen Later Jun 26, 2025 5:40


In real life healthcare compliance, there's no get out of jail free card.

Avoid the Second Biggest Mistake Medical Group Leaders Make

Play Episode Listen Later Jun 26, 2025 4:10


It's imperative that you get started now and that you become willing to invest in your own future.

You Must Know the No. 1 Mistake in Exclusive Contract Negotiation

Play Episode Listen Later Jun 25, 2025 3:23


You Must Know the No. 1 Mistake in Exclusive Contract Negotiation by Mark F. Weiss

How Medical Group Collaboration Creeps into Fraud—Pass-Through Billing

Play Episode Listen Later Jun 25, 2025 4:11


Hospital-based medical groups, notably anesthesiology and radiology groups, are increasingly turning to creative means to provide coverage and to improve collections.

Did They Sell Their Seoul? The $62+ Million Settlement

Play Episode Listen Later Jun 25, 2025 4:42


There's a reason why Medicare Advantage is fertile ground for fraud enforcement.

Why Bigger Hospitals May Actually Be More Fragile

Play Episode Listen Later Jun 25, 2025 3:52


In healthcare, size used to signal strength. Bigger meant more services, more specialists, more veritas. But what if all that bulk is actually a liability?

An Algorithmic Conspiracy? DOJ Weighs In on MultiPlan Case

Play Episode Listen Later Jun 25, 2025 4:42


As healthcare payers, tech platforms, and pricing vendors increasingly collaborate through sophisticated analytics, this case is a clear reminder: if you're coordinating decisions that competitors used to make...

Advanced Practice Providers Aren't Necessarily the Grout For the Physician Gap

Play Episode Listen Later Jun 25, 2025 3:18


Supervisory requirements aren't just administrative niceties; they're the difference between compliant practice and a lawsuit waiting to happen.

Medical Group Growth Without Recruiting

Play Episode Listen Later Jun 25, 2025 2:14


It's not news to you that there's a huge shortage of physicians in many medical specialties, such as in anesthesiology and radiology. With the overall aging of the physician population, shortages in other medical specialties, including those that are office-based, will intensify.

The $4 Million Pee Test Scam: How One Lab Owner Flushed His Future

Play Episode Listen Later Jun 25, 2025 0:12


There are dumb crimes, and then there are crimes so dumb they come with a built-in paper trail leading straight to prison.

Have You Mistakenly Sold Out Your Future for Stipend Support?

Play Episode Listen Later Jun 25, 2025 3:49


Even in the face of the provider shortage, during which you think that you have substantial negotiating leverage, when a significant chunk of your revenue comes from the hospital, you're no longer just a contractor. You're an appendage.

On Strike. Physician Unionization and the Further Commoditization of Medical Practice.

Play Episode Listen Later Jun 25, 2025 7:21


Over the past several weeks, I've seen multiple posts and comments on LinkedIn about the horrors of practicing as a cog in the wheel of Big Medicine, employment schemes facetiously referred to as “medical groups” by their health system or insurance company owners.

From Insurance Watchdog to Prisoner: A Cautionary Tale for Healthcare Professionals

Play Episode Listen Later Jun 25, 2025 4:29


From insurance commissioner to healthcare fraudster to federal prison inmate.

First, Let's Kill All the Healthcare Systems.

Play Episode Listen Later Jun 25, 2025 2:06


According to Bain & Co, nearly one-quarter of physicians employed in health-system-led organizations are considering switching employers.

How to Almost Make Half a Billion Dollars: The Arizona Wound Graft Fraud

Play Episode Listen Later Jun 25, 2025 5:20


If you thought health care fraud required medical knowledge, think again.

Nudge Triggers a $17 Million False Claims Act Settlement

Play Episode Listen Later Jun 25, 2025 3:17


Nudge Triggers a $17 Million False Claims Act Settlement by Mark F. Weiss

What's Lurking in Your Business Acquisition? Nearly $60 Million in Lessons from Pfizer and Biohaven

Play Episode Listen Later Jun 25, 2025 3:29


Buying a healthcare business, from a medical practice to a medicine manufacturer, is a lot like buying a house—you hope for the best, but sometimes, there's wood rot hiding under that fresh paint.

Will the Whistleblower Law Be Whistled Out?

Play Episode Listen Later Jun 25, 2025 7:19


The False Claims Act (“FCA”) is a powerful tool to fight fraud against the government, especially in healthcare. It contains a “qui tam” provision that lets regular people—called “relators” or whistleblowers—sue individuals and entities for fraud on behalf of the government.

Aetna Health v. Radiology Partners and the Danger of Pass-Through Billing

Play Episode Listen Later Jun 25, 2025 8:30


There are, depending upon the particular arrangement, potential end runs around contractual pass-through billing prohibitions, but they are highly fact specific and technical.

The Crisis Caused By the Lack of Crisis Planning.

Play Episode Listen Later Jun 25, 2025 5:00


Although any particular crisis can't be predicted, classes of crisis are capable of prediction and, even if that is not true of a specific situation, the way in which your group or business will respond to a crisis can, should, and must be planned far in advance.

Lesson from McKinsey - Avoiding Consultants from Hell

Play Episode Listen Later Jun 25, 2025 5:10


Are you sure those consultants are helping to improve your business? Or are they potentially sending you to jail?

Now's The Time to Overturn the No Surprises Act

Play Episode Listen Later Jun 25, 2025 8:41


Re-frame the issue for what it really is: Surprise physician services stealing. Now's the time for the No Surprises Act, and each state counterpart, to go.

Probably the Most Valuable Anti-Kickback Lesson of All Time

Play Episode Listen Later Jun 25, 2025 5:31


Although no one is going to do time as a result of thinking that wet sidewalks cause rain, in the case of the federal Anti-Kickback Statute, confusion over correlation can put you in jail.

How to Use the Four Circles as a Strategy Tool

Play Episode Listen Later Jun 25, 2025 7:24


After having represented medical groups with a particular emphasis on hospital-based groups for 30 years, it has become strikingly clear that what distinguishes the most successful groups, from the great majority of the mediocre.

Switzerland as a Thinking Tool for Medical Group Structure

Play Episode Listen Later Jun 24, 2025 4:08


Medical group organizers generally confine their entity's business structure to a corporate or partnership type entity and then proceed to conduct business through it.

Why You Must Understand Inter-Contractual Dissonance and the Shifting of Power

Play Episode Listen Later Jun 24, 2025 5:48


People are internally inconsistent. Many contracts in the healthcare sphere are inconsistent, too. The first causes grief, the second shifts power.

Federal Trade Commission Seek to Reimpose Nationwide Ban on Noncompetes

Play Episode Listen Later Jun 24, 2025 5:33


The volleys in this battle move slowly--think pendulum as opposed to ping-pong. And right now, despite the appeal, the pendulum is still on the side of “state law controls”.

Federal District Court Finds Whistleblower Actions Unconstitutional

Play Episode Listen Later Jun 24, 2025 7:10


Uncover the history of the whistleblower provisions in the False Claims Act and their significance in fighting fraud.

Leaving Big Medicine? Look Before You Leap.

Play Episode Listen Later Jun 24, 2025 4:43


Fueled by the failure of large medical groups, the disappointments of hospital employment, and the ratcheting down of care by private equity, physicians are increasingly seeking alternatives to their current practice arrangements.

“I Thought They Loved Me!” Is No Defense For the Spurned and Burned “Friendly Physician”

Play Episode Listen Later Jun 24, 2025 7:27


The “friendly physician.” Boy, is that's a term of art or, perhaps better said, of artifice.

What Might Be the No. 1 Mistake in Exclusive Contract and Stipend Negotiation.

Play Episode Listen Later Jun 24, 2025 3:25


There is no such thing as static demand for services over a contract's multi-year term, and it's a fool's bet, yet one many take, to believe that one can place a set value on total fair market value.

Why Reverse Kickbacks Can Send You Back Up the River

Play Episode Listen Later Jun 24, 2025 4:02


Cars go in reverse. So do ceiling fans and electric drills. But did you know that kickbacks go in reverse, too, and that there's no safe harbor for that?

The Better Way For Medical Groups To Look At Covenants Not To Compete

Play Episode Listen Later Jun 24, 2025 3:15


There's a good chance that you can accomplish some or all of what a covenant not to compete addresses, even if the “law” says you can't.

7 Key Steps to Successful Hospital-Based Group Stipend Negotiations

Play Episode Listen Later Jun 24, 2025 4:45


It's no secret that hospital-based medical groups, particularly anesthesia and radiology groups, are experiencing significant trouble recruiting and retaining their professional staff due to increasing compensation demands combined with declining reimbursement.

Labor Day: Labor of Love or Just Labor? Some Thoughts on Work, Burnout, and Opportunity

Play Episode Listen Later Jun 24, 2025 3:58


Many people identify with the concept of “work-life balance,” and it's valid for them.

You Need to Know What the Order Striking the FTC's Ban on Non-Competes Means for You

Play Episode Listen Later Jun 24, 2025 7:42


Despite the fact that some states have strong prohibitions against the enforcement of non-competes, there are still ways to create agreements functioning as proxies for non-competes.

Beware of Bogus Medicare and Medicaid Billings

Play Episode Listen Later Jun 24, 2025 6:22


Certifying to Medicare that you're here when you're really there is a ticket to nowhere, or maybe to jail.

Conviction For $70 Million in Fake Medicare Claims Likely Sending Doc to Big House

Play Episode Listen Later Aug 15, 2024 5:13


Health care fraud is far from harmless. Fraudulent activities drain billions from health care programs like Medicare and Medicaid, leading to higher taxes and less money for other important services.

Making The Bet Without Knowing The Odds

Play Episode Listen Later Aug 1, 2024 2:50


Making The Bet Without Knowing The Odds by Mark F. Weiss

Snoop Doc Takes The Rap For HIPAA Hop – Faces 5 Years in Pen For Illegally Accessing Medical Records

Play Episode Listen Later Jul 25, 2024 5:14


You're signed in to the hospital's electronic medical record system. What's the harm in just typing in the name of a friend to see what pops up?

It's Not Hotel California, But Many Physicians Feel Trapped.

Play Episode Listen Later Jul 18, 2024 2:20


According to 2023 reports, by 2021, nearly 70% of physicians were employed by hospitals or investor-owned corporations.

Hamburger or Health Care? Why You Must Understand the Dilemma.

Play Episode Listen Later Jul 18, 2024 3:43


No, I don't have a crystal ball and I can't predict the future. But that doesn't mean that I'm blind and can't see a cliff dropping off on the near horizon.

Telehealth Plus Tell a Lie Means Likely End Up in Prison for Telefraud

Play Episode Listen Later Jul 11, 2024 3:20


Telehealth can be used to vastly improve patients' access to medical care. At the same time, it can be used to vastly improve criminals' access to Medicare dollars. It shouldn't be that difficult for physicians to assess the bona fides of their proposed participation in a telehealth “business model” when the ones doing the proposing are telemarketers.

“Loco Tenens” and Agency Pay $700K to Settle Alleged Telemedicine Kickback Scheme

Play Episode Listen Later Jun 27, 2024 5:11


If what the government alleged were true, it would be an emergency physician's dream job: billing for services without ever treating or even speaking with the patient.

Perhaps “Change Healthcare” Was Always A Cry For Help?

Play Episode Listen Later Jun 13, 2024 5:02


The financial impact was immediate and momentous: Neither new nor existing claims, nor payment for them, could be processed.

Commercial Building Foreclosures Foretell Healthcare Financing Woes – Prepare Now

Play Episode Listen Later Jun 13, 2024 4:57


The financial impact was immediate and momentous: Neither new nor existing claims, nor payment for them, could be processed.

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