IRS taking close look at hospital-based, 'independent' doctors

Article Abstract:

The Internal Revenue Service (IRS) is studying the income tax returns of physicians who call themselves independent contractors but work at hospitals. The IRS is comparing hospitals' reporting forms with earnings reports for doctors who funnel their incomes through private corporations. Clues to employee status include payment of wages, hospital billings and collections for physicians' services, and provision of liability insurance. The IRS may disqualify the private corporations' status, which would bar physicians from the corporation's tax-free benefit plans amd deferred earnings.

Finance, taxation, & monetary policy, Taxation, Laws, regulations and rules, Income tax

---

New IRS scrutiny of hospital-doctor compensation

Article Abstract:

The Internal Revenue Service is investigating illegal incentives and other compensation offered by hospitals to physicians. For example, the IRS district office in Pittsburg, PA, has examined 2,000 randomly chosen hospital-physician contracts looking for unreported physician income. Investigators are searching for illegal incentives such as below-market loans, leases, or charges for management services. Other questionable incentives include open-ended employment contracts and private-practice income guarantees.

Hospitals, Compensation management, Ethical aspects

---

Feds expand fraud investigation

Article Abstract:

Anationwide investigation is underway in connection with kickback charges against the National Medical Enterprises' former psychiatric division. Federal officials believe that the division, Psychiatric Institutes of America, paid kickbacks for patient referrals to its psychiatric facilities. Once there, the patients, including healthy teenagers, were kept against their will for long stays so that the facilities could collect their insurance money. About 100 physicians are under investigation in the probe.

Psychiatric hospitals, Psychiatric and Substance Abuse Hospitals, Physicians & Surgeons, Offices of Physicians (except Mental Health Specialists), Psychological aspects, Teenagers, Youth, National Medical Enterprises Inc. Psychiatric Div.

Similar abstracts:

• Abstracts: Staying afloat: how two rural hospitals are succeeding in tough times. Selling 'excellence': public hospitals trying to buck bad image
• Abstracts: Nosocomial transmission of tuberculosis in a hospital unit for HIV-infected patients. Hospital outbreak of multidrug-resistant Mycobacterium tuberculosis infections: factors in transmission to staff and HIV-infected patients
• Abstracts: Early metabolic defects in persons at increased risk for non-insulin dependent diabetes mellitus. Association between polymorphism of the glycogen synthase gene and non-insulin-dependent diabetes mellitus
• Abstracts: IG asks why more hospitals don't report adverse actions. California doctors restructure
• Abstracts: Disability insurers no longer seek out physicians. Second opinions can be valuable, don't resent them. Professional courtesy: an act of gratitude

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.