If you are an owner of a medical related business facility like hospital or a clinic, then you must know that there are a lot of things that you need to keep in mind. There are many things that you need to comply in order to legally operate the business towards its great success in the business industry. One very important thing that you should get well acquainted with is the MSO legal structure. As the business owner, you should know that an individual who does not have any license of doing medical practice is not allowed to perform medical tasks. In other words, if you are allowing your employee to execute medical practices without any license at hand, then you might face a very serious legal issue.
When having healthcare contractual arraignment with Management Service Organization (MSO), there are a number of legal matters and regulatory considerations that you should take in order to avoid from any legal trouble along the way. You should be abiding with the Stark Law or The Federal Self-Referral Law/Social Security Act 1877. Without following this MSO related law, you will definitely face some legal problems later on.
The Stark Law is actually prohibiting a physician in dealing with patients in a certain entity in which they have a financial relationship. The physician and the patients or the healthcare facility should have no financial relationship with each other. Generally speaking, complying to the MSO legal structure is very important in order for your business to operate smoothly without experiencing any legal trouble. Always keep it in your find that facing some legal issues might be the reason for the permanent closure of your business. If you do not want it to happen, then you should follow the rules and regulations regarding with the MSO.