How to Ensure Your Medical Practice is Compliant with Stark Law
Before signing a lease or negotiating a commercial real estate agreement, physicians should be familiar with the laws associated with their facility. One of the most important laws to consider is Stark Law. Under this law, physicians are not permitted to refer medicare or medicaid patients to another medical practice from which they can benefit financially. Specifically if the owner of a building is employed by the hospital tenant that occupies the same building, then the lease, among other items such as equipment, must be in compliance with Stark Law and Anti-Kickback Statutes. Each entity that is required to comply has different internal policies that they implement to remain compliant. Our team can help navigate this process and help you maintain a quality relationship with the referral source landlord. We do, however, recommend engaging an attorney to confirm compliance. Do you know if your practice is compliant with Stark Law? Reach out to one of our experienced medical real estate advisors to learn more.
If you are interested in learning more about investing in commercial real estate, or if you have questions about buying, selling, or leasing a commercial property, please contact an HBRE advisor. Our team of experienced CRE professionals have the skills and insight to assist with all property transactions. To reach out to us directly, email [email protected] or call 615-564-4133.
