Financial Interest Statement
You are required to report to the Board at the time of renewal any financial interest in specified health-related facilities held by you or members of your immediate family (Business and Professions Code section 2426). The information will be available to other governmental agencies and public and private third-party payers.
Note: Immediate family means a spouse, child, or parent of a physician or the spouse of a child of a physician.
Health-related facilities mean any facility that provides clinical laboratory services, radiation oncology, physical therapy, physical rehabilitation, psychometric testing, home infusion therapy, diagnostic imaging, or outpatient surgery. "Diagnostic imaging" includes x-ray, computed axial tomography, magnetic resonance imaging, nuclear medicine, positron emission tomography, mammography, and ultrasound goods and services.
Financial Interest means and includes, but is not limited to:
- Any type of ownership interest, debt, loan, lease, compensation, remuneration, discount, rebate, refund, dividend, distribution, subsidy, or other form of direct or indirect payment, whether in money or otherwise, to you or your immediate family from a health-related facility.
- An indirect relationship between you and the health-related facility including, but not limited to, an arrangement whereby you have an ownership interest in an entity that leases property to the health-related facility. Any financial interest transferred by you, or otherwise established in, any person or entity for the purpose of avoiding the reporting required by this section shall be deemed a financial interest to you.
A financial interest does not include the ownership of corporate investment securities, including shares, bonds, or other debt instruments.