Are ASC’s Ethically Responsible to notify their investors
that they leave 60% of No Fault /Workers Comp reimbursement money with the
carriers? In many cases, the partners can’t agree to enroll in the Program
because one or more of them have “untouchables” (family member attorney or collection
firms) whose services would become obsolete with the new business model. While No Fault/Workers Compensation only
represents 7% of a typical orthopedic practice’s revenue,
some partners don’t believe it is “worth it to worry about it.” I would like to know, is it ethically
negligent to leave money with the insurance companies which could otherwise be
given to medical research and other charities? In my opinion, this is Toxic Money Waste.
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