From Wikipedia, the free encyclopedia. Fee splitting is the practice of sharing fees with professional colleagues, such as physicians or lawyers, in return for being sent referrals.

What is a fee splitting arrangement?

From Wikipedia, the free encyclopedia. Fee splitting is the practice of sharing fees with professional colleagues, such as physicians or lawyers, in return for being sent referrals.

What is split fee billing in healthcare?

Fee splitting occurs when a physician, to generate referrals from other physicians, splits part of the professional fee earned from treating the referred patient with the referring physician.

How do you prevent fees splitting?

Just Say No to Fee Splitting: Five Ways to Protect Your Practice…

  1. Paying Employees Hourly or with a Straight Salary.
  2. Setting Rates for All Procedures.
  3. Offering Bonuses.
  4. Eliminating Patient Referral Programs.
  5. Thinking Twice About Daily Deals on Social Media.

What is fee splitting in social work?

In a fee split arrangement, the employer and employee agree to divide any client fees brought in by the employee in a proportional manner. For example, a prelicensed therapist working in a private practice might be paid 40% of the fees their clients pay, while the employer/supervisor keeps the other 60%.

Does respa allow fee splitting?

RESPA Section 8(b) prohibits the giving and accepting of any portion, split, or percentage of charges made or received for real estate settlement service business, unless for services actually performed.

Is fee splitting illegal in Texas?

The Texas CPM doctrine prohibits physicians from entering into partnerships, employee relationships, fee splitting, or other situations with non-physicians where the physician’s practice of medicine is in any way controlled or directed by, or fees shared with a non-physician.

What is free splitting?

fee′-split`ting the practice of dividing a fee for professional services between two professional persons, as between a referring doctor and a specialist.

What is a typical split at private practice?

With a “split fee” the private practice owner would give the contract counselor a percentage of the total fee collected for the practice. Typical fee splits are 60/40 or 70/30. For example, with a 60/40 split, the therapist that provides the session keeps 60% of the total fee collected and the practice keeps 40%.

Is Texas A CPOM state?

#1. What is Texas’ Corporate Practice of Medicine (CPOM) prohibition? The CPOM is a legal doctrine which places limitations on who can practice medicine, and who can provide medical services. Per the doctrine, corporations and business entities are prohibited from practicing medicine in Texas.