Health Endeavors launches web-based tool that tracks physician non-monetary compensation

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Physician Non-Monetary Comp Tracker is a web-based program that tracks non-monetary compensation, such as events, advertising, CME programs, meals and other areas, from a hospital to a physician. The program provides an effective and economical solution for hospitals to comply with federal regulations that cap the annual amount of physician non-monetary compensation.

Recently, an Ohio hospital was fined over $31,000 to resolve a Stark Law violation over non-monetary compensation. The Report on Medicare Compliance indicated web-based tracking of non-monetary compensation is recommended to guard against going beyond the cap. Health Endeavors has the only economical and effective solution to maintaining such compliance.

Product features include the ability to attach files or receipts to payment records, automatically total calculations, Red & Yellow Flag Reports to identify RISK AREAS, centralized or decentralized data entry processes, real-time report only access for management and recruiting departments, processing of bulk record uploads via data submissions and easy implementation processes.

USA TODAY recently reported "Health care fraud prosecutions on pace to rise 85%."

Health Endeavors provides software solutions to guard against such regulatory non-compliance.

Physician Non-Monetary Comp Tracker is one component of Health Endeavors' Hospital Admin Tools product suite. Additional components of Hospital Admin Tools include:

Conflict of Interest Tracker

  • Track, process and manage potential conflicts
  • Employee, research departments, board of director and physician disclosures

Coding Corner

  • Note (Chart) Audits or Coding Questions
  • ICD10 Preparation: Anatomy & Medical Terminology Assessments

Entity & Contract Management Solution

  • Online database, reminders and templates
  • Entity, board member, service marks (IP), trade names
  • Vendor contracts, physician arrangements and triggering event information

Training Center

  • Ability to target specific departments, boards or committees
  • Customized quality, governance or compliance training modules

Hospital management may access the Hospital Admin Tools from their laptops, iPads and phone browsers

Health Endeavors has also contacted CMS to discuss utilization of the Hospital Admin Tools as an audit and compliance tool to assist in the reduction of costs to CMS and hospitals.

Source:

Health Endeavors

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