Board-the Louisiana Board of Pharmacy.
Financial Interest-a significant ownership or investment interest established through debt, equity, or other means and held, directly or indirectly, by a pharmacist or a member of a pharmacist 's immediate family, or any form of direct or indirect remuneration for referral.
Group Practice-a group of two or more pharmacists and/or other health care providers legally organized as a general partnership, registered limited liability partnership, professional medical corporation, limited liability company, foundation, nonprofit corporation, faculty practice plan, or similar organization or association:
a. in which each pharmacist who is a member of the group provides substantially the full range of services which the pharmacist routinely provides;
b. for which substantially all of the services of the pharmacists who are members of the group are provided through the group and are billed under a billing number assigned to the group and amounts so received are treated as receipts of the group;
c. in which no pharmacist who is a member of the group directly or indirectly receives compensation based on the volume or value of referrals by the pharmacist, except payment of a share of the overall profits of the group, which may include a productivity bonus based on services personally performed or services incident to such personally performed services, so long as the share of profits or bonus is not determined in any manner which is directly related to the volume or value of referrals by such pharmacist; and
d. in the case of a faculty practice plan associated with a hospital, institution of higher education, or pharmacy school with an approved training program in which pharmacist members may provide a variety of different specialty services and provide professional services both within and outside the group, as well as perform other tasks such as research, solely with respect to services provided within such faculty practice plan.
Health Care Item-any substance, product, device, equipment, supplies, or other tangible good or article which is or may be used or useful in the provision of health care.
Health Care Provider-any person, partnership, corporation, or association licensed by a department, board, commission, or other agency of the state of Louisiana to provide, or which does in fact provide preventive, diagnostic, or therapeutic health care services or items.
Immediate Family-as respects a pharmacist, the pharmacist's spouse, children, parents, siblings, stepchildren, stepparents, in-laws, grandchildren and grandparents.
Investment Interest-a security issued by an entity, including, without limitation, shares in a corporation, interests in or units of a partnership or limited liability company, bonds, debentures, notes, or other debt instruments.
Payment-transfer or provision of money, goods, services, or anything of economic value.
Person-as defined in R.S. 37:1164(33) or its successor.
Pharmacist-any individual currently licensed by the board to engage in the practice of pharmacy in the state of Louisiana.
Pharmacy-any place where drugs are dispensed and pharmacy primary care is provided.
Referral-any direction, recommendation, or suggestion given by a health care provider to a patient, directly or indirectly, which is likely to determine, control, or influence the patient's choice of another health care provider for the provision of health care services or items.
Remuneration for Referral-any arrangement or scheme, involving any remuneration, directly or indirectly, in cash or in kind, between a pharmacist, or an immediate family member of such pharmacist, and another health care provider that is intended to induce referrals by the pharmacist to the health care provider or by the health care provider to the pharmacist, other than any amount paid by an employer to an employee who has a bona fide employment relationship with the employer, for employment in the furnishing of any health care item or service.
Significant Financial Interest-an ownership or investment interest shall be considered "significant," within the meaning of §3113, if such interest satisfies any of the following tests:
a. such interest, in dollar amount or value, represents 5 percent or more of the ownership or investment interests of the health care provider in which such interest is held; or
b. such interest represents 5 percent or more of the voting securities of the health care provider in which such interest is held.
La. Admin. Code tit. 46, § LIII-3103