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It’s the Little Things – How Effective Contract Management Can Facilitate Regulatory Compliance
- The Stark Law
- Federal Anti-Kickback Statute
- False Claims Act
- Civil Monetary Penalties
- Exclusion Authorities
Overview of the webinar
In FY2016, the U.S. Department of Justice collected more than $4.7 billion in settlements and judgments from civil cases involving fraud and false claims against the government – the third highest annual recovery in False Claims Act history. More than half of the $4.7 billion recovered came from the healthcare industry (e.g., drug companies, medical device companies, hospitals, nursing homes, laboratories and physicians). This is the seventh consecutive year the DOJ’s civil healthcare fraud recoveries have exceeded $2 billion. On top of these federal penalties, violators have also been assessed fines and penalties from state agencies. Many of the violations underlying these recoveries were rooted in non-compliant contractual arrangements – e.g., arrangements with excluded parties, expired lease agreements, compensation set at greater than fair market value, etc.
Using real world scenarios, Ms. Jacobs will examine how an effective contract management system can mitigate regulatory risk by helping organizations identify and remediate issues before they become the basis of false claims allegations.
Who should attend?
- Hospital Executives, particularly CEOs, COOs, CFOs and CCOs
- Compliance Professionals
- Physicians
- Physician Practice Managers
- In-House Counsel
- Outside Counsel
Why should you attend?
Healthcare is a fast-paced industry that is constantly evolving. While this creates a wonderful environment for clinical advancement, it also makes it extremely hard for organizations to stay on top of regulatory compliance. With fines and penalties for false claims violations generating billions of dollars of revenue for the federal government each year, it behooves organizations to take advantage of every tool available to minimize the risk of non-compliance. Participate in this webinar to learn how your organization can leverage contracting tools and processes to effectively manage regulatory risk.
Faculty - Ms.Clevonne M. Jacobs
Clevonne (Vonne) M. Jacobs, Esq. currently, serves as Associate University Counsel for Duke University and Duke University Health System. She provides advice and counsel to one of the world’s preeminent health systems on a broad range of regulatory, operational and transactional matters. An engaging and entertaining presenter, and nationally recognized as an expert in her field, she is a frequent speaker on issues related to regulatory compliance (e.g., the Stark Law, the Federal Anti-Kickback Statute, HIPAA, etc.), hospital-physician transactions, physician compensation, and corporate governance issues. Her sessions give participants practical approaches to managing complex issues in the fast-paced healthcare industry.