The obligations of ownership

The lede:

Orlando, Fla. — Physicians who refer patients for services at facilities in which they have a financial interest should disclose the conflict to patients, according to ethical guidelines on physician self-referral adopted at the AMA Interim Meeting in November.

The new ethics policy goes beyond restrictions laid out in federal anti-kickback laws and regulations, and declares that physicians must put patients first when making referrals. In addition to disclosing self-referrals, doctors should assure patients that their ongoing care is not in jeopardy if they decide to refuse recommended referrals.

The whole shebang.