Four Tips to Stay Compliant on MDAs
Document everything. Comprehensive documentation is essential for the medical director agreements, including the terms of the agreement, the specified services, the relevance of these services to your entity’s operations, and the compensation details.
Comply with Stark Law and Anti-Kickback Statute. The Stark Law and Anti-Kickback Statute are federal laws that prohibit certain financial relationships between healthcare providers and entities that refer patients to them. Medical director arrangements can be subject to these laws, so it is important to ensure that they comply with all applicable requirements.
Obtain an impartial evaluation. Seeking an independent party to review the medical director arrangement is a prudent step to ensure compensation is consistent with fair market value and the arrangement is commercially reasonable. This evaluation can help mitigate compliance concerns. Carnahan Group is available to assist your organization with this type of review.
Update the arrangement as needed. Medical director arrangements should be reviewed and updated on a regular basis to ensure that they continue to meet the needs of the organization and the medical director. This will help to ensure that the arrangement remains compliant with all applicable regulations.
Source(s) used: Bard, Google search