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Tag Archives: law elevated

LAW ELEVATED: 1.2 million reasons to protect your business or practice

» Orthopedic Group settlement provides 1.2M reasons for health-care providers to ensure fraud & abuse law compliance A recent health-care fraud investigation and settlement demonstrates three important reminders for health care providers: 1. The federal government is serious about its commitment to holding providers accountable under fraud and abuse laws. 2. The government’s enforcement efforts include not only large hospital ...

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LAW ELEVATED — Why you need cyber insurance and what you should know

3,813 – that’s the number of reported data breaches tracked through June 30, 2019, putting 2019 on track “to be the worst year on record for data breach activity,” according to the 2019 MidYear QuickView Data Breach Report, conducted by Risk Based Security. This is an increase of 54 percent over 2018 figures during the same time period. The average ...

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LAW ELEVATED — Regulatory burden reduction legislation poised to become law

Bank regulatory relief legislation appears poised to be enacted. The U.S. Senate passed S.2155 with substantial bipartisan support and sent the Bill to the House of Representatives for consideration. While S.2155 contains several significant regulatory burden reduction provisions, many in the House of Representatives wanted additional burden reduction measures added. The Senate was clear that any attempts to expand on ...

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LAW ELEVATED — Opportunity Funds — The new tax bill’s incentive to spur investments into certain community development projects

The 2017 Tax Cuts and Jobs Act, enacted Dec. 22, 2017 (the “Act”), offers new tax incentives aimed at benefiting low-income communities (“LICs”) (as defined under the new markets tax credit (“NMTC”) regulations) through the creation of Qualified Opportunity Zones (“Opportunity Zones”).  Congress believes the Opportunity Zone legislation will encourage investments that will be used to start businesses, develop abandoned ...

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LAW ELEVATED — Court deals setback to Trump’s immigration policy

By Todd P. Photopulos   A federal appeals court on Thursday, Feb. 9 unanimously ruled against President Trump’s controversial “travel ban” executive order that attempted to bar foreign nationals from a list of seven countries from entering the U.S. for 90 days. Those countries include Iran, Iraq, Yemen, Libya, Sudan, Syria, and Somalia, although the Executive Order anticipated a reviewing ...

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LAW ELEVATED — Paying for software development? Make sure you own it!

In a digital society dominated by the saying, “there’s an app for that,” copyright protection is essential. Paying to have a work created does not automatically vest ownership of the copyright in the paying party. When making the decision to hire an individual to develop software either as an employee or independent contractor, companies must address ownership before work commences. ...

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LAW ELEVATED — Service line co-management arrangements on the rise

As hospitals continue to seek ways to enhance patient care, improve operational efficiencies and reduce costs, service line co-management arrangements have regained traction as a popular and productive method of clinical integration. Service line co-management arrangements pose significant benefits for hospitals and physicians alike by aligning clinical and financial interests. Although the charge of hospitals acquiring physician practices appears to ...

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