7 maneuvers that can boost an independent practice

[...]solo and small practices often struggle to pivot because their resources are stretched thin. Without an effective go-to-market strategy, practices may not receive maximum value in a private equity transaction. [...]an improperly structured arrangement may violate corporate practice of medicine prohibitions, which can have wide-ranging consequences, including but not limited to payer allegations of submission of false claims. #3 Forming an MSO for asset protection/estate planning Although MSOs are useful in a variety of contexts, there are two sometimes-overlooked applications: as an asset protection vehicle to reduce the overall exposure of a medical practice to malpractice liability and/or as an estate planning tool. When physicians are compensated in excess of fair market value for their services, the arrangement may be found to violate the Anti-Kickback Statute and False Claims Act. #5 Joining a CIN or ACO A clinically integrated network (CIN) is a formal collaboration among physicians and hospitals to develop clinical initiatives that improve the quality and efficiency of health care services. Absent payer restrictions related to utilization management, prior authorizations, etc., the physician may be better able to customize treatment plans to patients' needs. Because very few people are able and willing to pay out of pocket for their health care, the concierge model is impractical for most physicians.