There may be situations in which a needed entity would not be built or instituted if referring physicians were prohibited from investing in the entity and a need might exist when there is no entity of reasonable quality in the community or when use of existing entities is onerous for patients. Therefore, physicians may invest in and refer to an outside entity, whether or not they provide direct care or services at or for the entity, if there is a demonstrated need in the community for the entity and alternative financing is not available. In such cases, the following requirements apply:
Structure 2021 Tennessee Code
Title 63 - Professions of the Healing Arts
Chapter 6 - Medicine and Surgery
Part 6 - Health Care Referrals
§ 63-6-603. Where Physicians May Invest in and Refer to an Outside Entity — Requirements
§ 63-6-604. Prohibited Cross Referral Arrangements
§ 63-6-605. Preexisting Investments — Compliance
§ 63-6-607. Violations — Sanctions
§ 63-6-608. Investment Interests in Publicly Traded Entities