decisionhealth Newsletters, Answer Books - 2009 Issue 3 (March)
Durable Medical Equipment / OIG to scrutinize medical device investment schemes
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Article Overview
This article explains an OIG warning about physician investments in medical device and distribution arrangements, including group purchasing organizations, and why these structures may attract fraud-and-abuse attention. It is relevant to physicians, compliance professionals, healthcare attorneys, and anyone evaluating provider ownership or joint venture relationships in the device industry. The article also surveys broader safe harbor concepts and related OIG guidance topics that may affect how such arrangements are reviewed.
Why This Topic Matters
Physician ownership in device-related businesses can raise compliance concerns that may lead to closer government review. Understanding the OIG’s concerns and the general categories of protection discussed in the article helps readers assess whether an arrangement may warrant additional legal or compliance review.
What You Will Learn
- Why physician investment arrangements in device-related businesses draw regulatory attention
- How OIG guidance relates to fraud-and-abuse scrutiny of joint ventures
- What broad safe harbor categories are referenced in connection with investment arrangements
- Why related provider ownership structures may be reviewed more closely by government agencies
Who Should Read This
- Physicians
- Compliance officers
- Healthcare attorneys
- Medical device business owners
- Hospital administrators
- Billing and reimbursement staff
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