fee-splitting
Dividing professional payments
Fee-splitting is the practice of dividing professional fees between practitioners, particularly when one refers clients to another.
The term carries negative connotations in medicine and law, where it suggests kickbacks for referrals rather than compensation for actual services: The doctor lost his license over fee-splitting arrangements with specialists.
Ethical codes in many professions prohibit or restrict the practice.
Illegal payment for services
- briberyCorrupt payment for influence
- corruptionDishonest abuse of power
- conflict of interestCompromised impartiality from competing stakes
- malpracticeHarmful professional negligence
exploitation · self-dealing · transparency · fiduciary duty · professionalism · integrity · accountability · disclosure
Collaborative business arrangement
- collaborationJoint intellectual work
- allianceFormal union of parties
- consortiumCooperative group for ventures
- cooperationJoint action toward shared aims
affiliation · association · revenue sharing · profit sharing · co-ownership · syndicate · network · merger
Illegal payment for services
- cutSeverance or reduction
- sharePortion given out
- percentageProportion out of hundred
- brokerageTransaction-facilitating service
payout · divvy · allocation · distribution · proceeds · rebate · remuneration · compensation
Licensed medical doctor
- healthcareOrganized provision of treatment
- billingCharging for services rendered
- consultationMeeting seeking expert guidance
- malpracticeHarmful professional negligence
insurance fraud · Medicare · Medicaid · specialist · practitioner · clinic · hospital · professional misconduct
Licensed legal representative
- solicitorDocument-drafting legal professional
- bar associationLawyers' licensing organization
- disbarmentRevoking a lawyer's license
- ethics rulesGuidelines for moral behavior
retainer · contingency · legal malpractice · disciplinary action
kickback
Illegal payment for services
- briberyCorrupt payment for influence
- corruptionDishonest abuse of power
- conflict of interestCompromised impartiality from competing stakes
malpractice · exploitation · self-dealing · transparency · fiduciary duty · professionalism · integrity · accountability · disclosure · whistleblowing
joint venture
Collaborative business arrangement
- collaborationJoint intellectual work
- allianceFormal union of parties
- consortiumCooperative group for ventures
cooperation · affiliation · association · revenue sharing · profit sharing · co-ownership · syndicate · network · merger · arrangement
kickback
Illegal payment for services
- cutSeverance or reduction
- sharePortion given out
- percentageProportion out of hundred
brokerage · payout · divvy · allocation · distribution · proceeds · rebate · remuneration · compensation · revenue share
physician
Licensed medical doctor
- healthcareOrganized provision of treatment
- billingCharging for services rendered
- consultationMeeting seeking expert guidance
malpractice · insurance fraud · Medicare · Medicaid · specialist · practitioner · clinic · hospital · professional misconduct · medical board
attorney
Licensed legal representative
- solicitorDocument-drafting legal professional
- bar associationLawyers' licensing organization
- disbarmentRevoking a lawyer's license
ethics rules · retainer · contingency · legal malpractice · disciplinary action