tci Part B Insider - 2012 Issue 31

Physician Note: Selling Your Practice? Check in on New Owner Afterward

Plus: Physician faces jail time for exaggerating complexity of two surgeries. If you sell your medical practice, you may want to check in from time to time to ensure your NPI isn't left behind after you depart.That's allegedly what happened to a radiologist in Flushing, N.Y. who sold his radiology practice to Warren Tai. Tai is accused of submitting more than $30 million in false Medicare and Medicaid billings using the identity of the former owner, without that physician's knowledge or consent. Property that Tai allegedly purchased with the "ill-gotten gains, including a Lamborghini automobile," was...

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