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What is Fee Splitting?

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Fee splitting is the practice of paying fees for the referral of clients between professionals. This is considered an unethical conflict of interest in some professions such as medicine.
Overview: Fee Splitting
Type
Definition
A financial gain that results from referral of a client from one professional to another. Typically considered an unethical practice in the medical profession.
Example
A doctor recommends physical therapy and provides a referral to a clinic to a number of her patients and receives a fee or benefit from the clinic.
Related Concepts
Next: Conflict Of Interest
More about business ethics:
Accountability
Agency Cost
Conflict Of Interest
Crony Capitalism
Cronyism
Do No Harm
Dual Agency
Environmental Issues
Equality
Ethical Climate
Ethical Issues
Fee Splitting
Fiduciary Duty
Professional Ethics
Reputational Risk
Resilience
Right To Know
Self Dealing
Sustainability
Technology Ethics
More ...
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