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Outpatient Surgery E-Weekly

Malpractice Verdicts Often Favor Physicians

Physicians come out on the winning end of 80% of malpractice claims that end in jury verdicts, according to researchers at Massachusetts General Hos...

Study: CT Colongraphy Effective in Finding Polyps

A CT-scan-based, laxative-free "virtual colonoscopy" may be as effective as standard colonoscopy in finding potentially cancerous polyps, according ...

Wrong-Site Prevention Video Shows the Right Way

Wrong-site, wrong-patient and wrong-procedure surgery must be prevented at all costs. The 3 steps of the Joint Commission's Universal Protocol make ...

Archive > July, 2003 Vol. IV, No. 7

Legal Update

6 Steps to Negotiating Safer Corporate Partnerships

Scott Becker, JD, CPA

Scott Becker, JD, CPA HealthSouth's financial meltdown has exposed one of the dangers of partnering with a national healthcare management company: commingling, which is when the corporate partner mixes cash from individual surgery centers in national accounts that may be subject to the claims of the partner's creditors. Just as joint ventures can provide you with experienced management and access to purchasing contracts and capital, they can also spell trouble. Here are six steps you can to take to steer clear of the risks.

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Categories: Business Management, Legal/Regulatory
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HealthSouth's; Problems; South; account; agreement; amount; appears; arise; bankruptcy; cash; cash-management; center's; centers; claim; clear; commingling; company; contracts; corporate; creditors; dangers; documents; experienced; exposed; financial; funds; healthcare; individual; invest; joint; local; long; management; meltdown; mixes; money; national; negotiating; partner; partnering; provide; purchasing; reduce; segregate; spell; started; steer; steps; subject; surgery; tied; time; venture; write

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