A recent Idaho case includes important reminders for income guarantee arrangements with recruited physicians and the potential liability that the practice group and the hospital can face when processes aren’t established for identifying and verifying incremental expenses. The Stark exception for physician recruitment allows hospitals to provide income guarantees to […]
Publications
OCR Enforcement Ramps Up as Phase 2 Audits Begin; OCR Signals Compliance Risk Areas
Recent Settlements On back to back days, the Office for Civil Rights (“OCR”) announced two new settlements with significant dollars attached. On March 16 and March 17, 2016, OCR announced settlements with North Memorial Health Care of Minnesota ($1.55 million) and Feinstein Institute for Medical Research ($3.9 million), respectively. Both […]
Look Before You Leap: The Ramifications of Electing S Corporation Status Too Early
For many small businesses operating an active trade or business, an election to form an LLC taxed as an S Corporation makes the most sense. It has several advantages, including limited liability, only one level of taxation, and minimal corporate formalities and other legal maintenance requirements. When compared to an […]
Nebraska Legislature Advances Transportation Innovation Act
On March 21, 2016, the Nebraska Legislature advanced LB 960, the Transportation Innovation Act (the “Act”), to Final Reading (the last of three rounds of floor debate). The Act creates a transportation infrastructure bank and several new programs to accelerate state and local roads projects. A $50 million transfer from […]
Proposed Improvements to and Extension of the Nebraska Historic Tax Credit Program
In 2013, Baird Holm introduced the Nebraska Job Creation and Mainstreet Revitalization Act (the “Act “), which the Nebraska Legislature enacted in 2014. The Act provides $15 million in tax credits for revitalization and rehabilitation of historically significant real property. During the current legislative session, the Legislature is considering amendments […]