Sentence examples for fee splitting from inspiring English sources
noun
The practice, usually of questionable ethicality, by some professionals, such as medical doctors and lawyers, of sending a client to a second practitioner for an additional consultation in order to obtain another payment from the client or from his or her insurer, and in return for which the original practitioner receives a portion of the payment made to the second practitioner (a "commission" or "piece of the action").
A new and insidious and potentially more detrimental form of fee splitting is being proposed by many Government agencies, corporations and insurance companies.
Whether overt or covert, fee splitting offers personal financial gain in order to influence decisions made by the physician who controls the patient's care, and it is that aspect of the practice that makes it unethical.
While it is impossible to remove all financial pressures from the decision-making process, there are some practices, such as fee splitting, that are unethical because they so strongly influence practice patterns solely on the basis of financial considerations.
Clinics or laboratories that compensate physicians based solely on the amount of work referred by the physician to the clinic or laboratory are engaged in fee splitting, which is unethical". We must assume that the same would hold true in the case of Government agencies, insurance companies and corporations.
In the United States, kickbacks or "fee splitting" in medicine has long been seen as an unethical practice.
Fahey said he did not know of any connection between the operations, but a Medical Board investigator said agents were trying to determine whether there was any evidence of illegal fee splitting between the offices.
The company, after taking a 15percentt service fee, splits the rest in half.
They haven't disclosed their fee splits with providers.
Schultz vows she takes no such gratuities and even has dropped from Schwab's planning referral list because the brokerage demands a fee split that would boost client costs.
All real estate commissions are negotiable, so fee splits can vary widely.
After MGM's option expired, Woods considered making a movie version through a production company of his own, but in 1938 RKO Pictures bought the rights for $10,000, a fee split between Woods and Rand.
