Sorry, but get ready for the alphabet soup! An EIN is an employer identification number obtained by the Internal Revenue Service (IRS). An EIN is similar to a social security number and identifies a business or, in this case, the firm or clearing house for tax purposes. The general state of practice in this area is that medical groups form a parent company, which may be owned by one or more of the physicians (as well as private equity firms) working in practice, and then have each office separate and separate diagnostic and treatment operations, such as clinical laboratories, radiation oncology facilities, and diagnostic imaging facilities operated by separate isolation subsidiaries. of responsibility. One way to simplify the DBA filing process is to use a legal filing service to ensure you perfectly meet the needs of your county and state. Whichever method you choose, you will not be able to use your database administrator until you obtain a fictitious name certificate. Your company name is a valuable asset that you want to protect. Using a DBA name can be an important part of your business strategy. And if so, proper submissions to register the DBA name and ensure that the registration does not expire are crucial steps. Now that you have some basic information about DBA names and repositories, work with your sales consultant and compliance partner to make sure they`re done right. Submit a DBA online now Registering and doing business under a DBA name is not the same as setting up a company or business entity.

If you register a DBA without first holding yourself out as an LLC, corporation, or other legal entity, the state in which you do business recognizes your business as a sole proprietorship. Many health care attorneys representing large medical practice organizations have informed their clients that the safest way to use this subsidiary is to bill Medicare and other federal programs under the tax identification number and parent company name, while medical providers and employees may be employed by subsidiaries. and that patients recognize or be substantially placed so that each separate practice location, diagnostic or treatment unit is separate and distinct from the parent company, so that the patient does not receive treatment from the parent company, even if the parent company bills Medicare or other federal payers for the service on behalf of the subsidiary. For example, it seems clear from the wording of the regulations that a subsidiary may own and operate a diagnostic centre if the services are billed in the name and under the tax identification number of the parent company. As a preview of the discussion that follows, the new CMS notice states that parent-subsidiary agreements may be compatible with the Stark Act if the subsidiary bills its services in its own name and under its own tax identification number, but does not specify whether one or more of the following facts were necessary in this situation to reach the conclusion: That the agreement was eligible: Keep in mind that you cannot add Inc. or Corp. at the end of your DBA (for example, Green Thumbs McGee`s, Inc.) if your company is not integrated. The same goes for an LLC. Failure to obtain a Type 2 NPI number when there is more than one supplier processing may result in late payments. For example, many federal plans withhold payment if a new employee is registered as a treating provider and the physician owner`s Type 1 NPI number is used to identify the billing unit. It can be cumbersome to work with supplier relationships to maintain the backlog of withheld payments once the Type 2 NPI has been received. A legal person may enter into contracts and assume obligations arising from such contracts, assume and pay debts, sue and be appointed by other parties in legal actions and may be held liable for the results of such actions.

In life and business, things are not always what they seem. And that`s okay. Some people change their name for personal or professional reasons. A middle name, short name, or nickname may seem more natural and appropriate. There is nothing wrong with having a name that everyone knows and a name that belongs on a birth certificate and passport. An original legal name must be chosen before a business entity can be formed. This legal name can be changed in the future, but a business entity can only have one legal name at a time. If you do it right from the beginning, you can save significant resources and headaches later. To do business under a DBA, you must complete and submit the appropriate DBA forms and pay a filing fee, after which you will receive a DBA certificate.

Depending on the state, you may be able to file with a local or county office, a state agency, or both. Therefore, be sure to review all relevant local government agencies for DTA filings in the states where you do or will do business. Then confirm the DBA login requirements for your organization or entity type. In some states, filings are made at offices other than corporations, LLCs, and other legal entities. The shapes can also be different. After you successfully complete the submission and obtain a fictitious name certificate, you can use your DBA name.