Webinar for Maryland Physicians: Back to Normal Under New Rules
Thursday, June 17, 2021
6 p.m. to 7:15 p.m.
If you missed the webinar, click here to view the program.
Back to Normal Under New Rules
As we emerge from the pandemic, people are ready to get “back to normal.” However, in the meantime, the world has changed and there will be new rules applicable to the new normal.
For example, during the pandemic, approximately 20% of all medical appointments in 2020 were being conducted virtually. This was made possible by temporary regulatory changes, but now the Maryland General Assembly has made permanent changes that impact telehealth and other aspects of health care practice in the State.
Further, the ongoing shift from fee-for-service payments to value-based care arrangements, have led to the adoption of new Anti-Kickback and Stark exceptions.
In the new normal competitive marketplace, physician practices will need to offer attractive retirement plans and other types of deferred compensation benefits to their physician employees to hire and to retain top professionals.
With respect to the future, President Biden's proposed tax plan could significantly alter the Maryland and federal estate tax landscape. In anticipation, physicians should be familiar with applicable estate planning considerations.
At this webinar, you will learn the answers to these questions and more:
- What laws did the Maryland General Assembly pass in 2021 that impact telehealth and other health care issues?
- What are the new Anti-Kickback and Stark value-based care exceptions?
- What are the current options for retirement plans and what tax savings and benefits do they offer a medical practice and its physicians?
- How can you structure equity compensation to reward physicians who are driven to succeed so they will want to make a long-term commitment to building the practice?
- Why should physicians care about estate taxes and estate planning?
- What steps can physicians take to protect their hard-earned legacies for future generations?
6 p.m. to 6:05 p.m. - Introduction
6:05 p.m. to 6:25 p.m. - Health Care and Telehealth Updates by Alexandria K. Montanio
6:25 p.m. to 6:45 p.m. - Benefit and Tax Planning by Theodore P. Stein
6:45 p.m. to 7:05 p.m. - Estate Planning by Lindsay R. DeMoss D’Andrea
7:05 p.m. to 7:15 p.m. - General Q&A
Barry F. Rosen is Chairman and CEO of Gordon Feinblatt LLC and heads our firm’s Health Care Team. Mr. Rosen is a frequent lecturer on health care subjects and has published numerous articles in the health care area. He also has counseled varied health care clients with respect to public and private financing and the establishment, purchase, sale and merger of physicians' practices.
Alexandria K. Montanio is an Associate in our firm’s Health Care Team and serves as our firm’s Corporate Social Responsibility Administrator. Mrs. Montanio provides counsel by analyzing national and local laws and regulations as well as health care programs, including the Maryland Total Cost of Care Model, and their impacts on entities in the health care field, including providers, physician groups and hospitals. During the COVID-19 pandemic, she has advised clients on the rapidly changing telehealth landscape.
Theodore P. Stein is Counsel on our firm’s Benefits/ERISA, Employment, Health Care and Litigation teams. Mr. Stein represents physician practices and other employers on the design, implementation and ERISA-compliance of 401(k) and other qualified retirement plans. He counsels clients on equity incentive plans and non-qualified deferred compensation programs. He also represents employers and their plans in federal court and in U.S. Department of Labor and Internal Revenue Service investigations.
Lindsay R. DeMoss D’Andrea is Counsel in our firm’s Trusts and Estates Team. Mrs. D'Andrea works with a wide range of clients in implementing various components of their estate planning, from basic wills and trusts to more complex planning vehicles. In addition, she collaborates on intrafamily wealth transfers and transfers of closely held business interests in estate planning and postmortem planning contexts.
Contact Therese Umerlik.