Decosimo's Shannon Farr Addresses Health Care Attorneys at TN Bar Health Law Primer

Farr and co-presenter will provide insights on physician practice employment, contract and records issues.

TENNESSEE (September 21, 2012)– Decosimo, a Top 100 accounting and business advisory firm, will be exhibiting and lending thought leadership support in connection with two health law events hosted by the Tennessee Bar Association (TBA) Oct. 3-5 at the Embassy Suites Hotel in Franklin, Tenn. Decosimo’s Shannon Farr, CPA•ABV•CFF, valuation manager, and Anderson Busby, PLLC Member Amanda Busby, will co-present “Life Cycle of a Physician Practice” at the 12th Annual Health Law Primer on Oct. 3. This session will provide insights regarding who may employ physicians, formation of physician-owned entities, issues in employment contracts, compensation models, becoming a shareholder in a practice and post-termination issues such as non-competes, medical records issues and notices to patients.

TBA’s Health Law Primer is the prelude to the organization’s two-day 24^th Annual Health Law Forum and will include selected topics in Tennessee health care law; fraud and abuse; third party payer nuts and bolts; terminology and acronyms used by healthcare lawyers; and HIPAA overview. This is the second consecutive year Decosimo has supported the Forum as a break sponsor and exhibitor. 

“From formation to dissolution, physician practices are faced with numerous challenges. So that its physicians may focus on practicing medicine, a practice will likely need assistance from attorneys, accountants, and other practice management consultants to manage change, such as accepting or terminating physicians, negotiating various contracts, and navigating hospital relationships,” said Farr. “Our presentation will cover the inherent issues and related state and federal regulations health care attorneys should be aware of when advising their physician clients throughout the life cycle of a practice.”

Shannon Farr, a certified public accountant accredited in business valuation and certified in financial forensics, specializes in business valuation and litigation support services, with a focus on the healthcare industry. Her specialized expertise assists hospital and health system clients and their attorneys in ensuring their acquisitions meet industry regulations surrounding the concepts of fair market value and commercial reasonableness. Ms. Farr also performs fair value for financial reporting valuations to be used in purchase price allocations and goodwill impairment testing. Her litigation support experience has been used in numerous marital dissolution cases, as well as contract and shareholder disputes. 

Amanda Busby is a Member of the law firm of Anderson Busby, PLLC. Her primary areas of practice include health care, corporate law, and business transactions and litigation. Ms. Busby's healthcare practice includes representing physicians, physician organizations, pharmacies and other healthcare providers. Ms. Busby counsels physicians, physician groups, pharmacies, and other health care providers on operational, licensing and regulatory matters, including, but not limited to, corporate formation, employment, contracting, mergers and acquisitions, and compliance with Stark and anti-kickback regulations.

Founded in 1971, Decosimo is a nationally recognized firm perennially ranked as a Top 100 accounting and business advisory services firm by Accounting Today.  The regional firm has office locations in Chattanooga, Knoxville, Memphis and Nashville, Tenn.; Atlanta and Dalton, Ga., Cincinnati, Ohio; and Huntsville, Ala. as well as in the Cayman Islands.  Each of Decosimo’s offices provides a full range of tax, assurance and advisory services to a wide array of industries.  Additionally, Decosimo is an independent firm associated with Moore Stephens International Limited.  With 301 member firms and a total of 636 offices spanning 100 countries, the Moore Stephens association provides Decosimo’s clients with access to a depth of resources and expertise that is comparable to Big Four firms.