Category Archives: General

What Healthcare Practitioners Should Expect When Selling Their Practice

I was recently part of a webinar titled “Protecting and Exit Planning Your Healthcare Practice” discussing the sale of healthcare practices and how to prepare for such a sale from a financial and legal perspective. The webinar was presented and … Continue reading

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Tips To Protect Your Privacy When Forming A Healthcare Practice

When forming your legal entity with the New York State Department of Education (DOE), certain information is required prior to filing the documents with the New York State Department of State (DOS). This article concentrates on the privacy of the … Continue reading

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What Healthcare Practitioners Need To Know about S-Corps

In New York State, the only two (2) legal entities that are allowed for licensed healthcare professionals are professional service corporations (PC) or professional limited liability corporations, (PLLC). There can be some confusion on whether an “S-Corp” is a legal … Continue reading

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Attention Practitioners: Don’t Forget the Sales Tax When Purchasing a Practice

When a practitioner purchases a practice, they tend to purchase more than just the goodwill. If there is equipment, inventory, or supplies, there is a State Sales Tax that is required to be paid within a certain time period after … Continue reading

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Listen Live: WealthStyle For Medical and Dental Practitioners

Recently I was featured in WealthStyle Podcast‘s Q and A hosted by financial planner Iván Watanabe. Ivan works with medical and dental practitioners who are just graduating from fellowship or residency. He asked me about some of the issues that … Continue reading

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Alternative Revenue Streams for Parched Medical Practices (During COVID-19 And Otherwise)

Now that we are well in the midst of the COVID-19 pandemic, physicians and dentists are searching for ways to make patients feel comfortable enough to seek treatment. A few ideas are becoming popular, depending upon the type of specialty, … Continue reading

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Healthcare Practitioners’ Employment Contracts Seminar in October 2020

Next month, I am presenting a seminar on employment contracts for healthcare practitioners through lawline.com. Lawline uses online videos and seminars to offer CLE-bearing courses to attorneys, though non-attorneys are welcome to watch and download any course materials as well. … Continue reading

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COVID-19 Consent Forms For Patients

Many practitioners are beginning to institute consent forms for voluntary, non-emergency treatments in an effort to limit the liability of their practices. The forms may state language similar to the following:  Coronavirus is highly contagious and there are known risks … Continue reading

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Guidelines for Re-Opening Healthcare Practices During COVID-19

Healthcare practitioners must ensure their patients and staff feel safe in the practice. What steps should be taken to offer a clean, sanitized, and compliant office?  Generally, practices have already adopted protocols, such as inquiring about a patient’s covid status, … Continue reading

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Coronavirus: What Should Medical/Dental Practices Do?

At the time of this writing, New York has declared a state of emergency in response to the Covid-19 outbreak. There are some questions regarding what steps medical and dental practices can make moving forward during this period of unknown. … Continue reading

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