July 2019

Single Specialty Group Completes Transaction With Venture-Backed Specialty Services Provider

Our firm represented a large, single specialty group practice in a transaction with a Waud Capital Partners-backed specialty services provider, establishing the practice as a hub of the larger services provider.

In connection with its venture capital financing, we identified and worked with the practice to self-report non-compliance with the Stark Law’s in-office ancillary services exception through the Self-Referral Disclosure Protocol. We also assisted with the identification of and voluntary refund to its appropriate Medicare Administrative Contractor of certain Medicare payments relating to evaluation and management services provided on the same day as infusion services, in violation of Medicare billing requirements.

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