Category Archives: Medical Practices

Starting a Private Practice? Get Familiar with Insurance Carriers First

Healthcare providers who start a private practice have the option to apply for in-network status with insurance carriers or remain as an out-of-network provider. Out-of-Network Coverage A provider can elect to provide a super bill to their patients, in order … Continue reading

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Dissolving Your Practice: Be Careful, Not Hasty

When dissolving your practice is time-sensitive, and you need to expediently move on, there are some important things to pay attention to in order to ensure it is done correctly. First and foremost, you can never abandon your patients. There … Continue reading

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MSO Partnership for Physicians: Be Careful of the Wording in Your Agreement!

Practitioners often look to establish Management Service Organizations (MSOs) to help run the business end of a medical practice. Some of these services may include the following: handling payments for office space, providing equipment and supplies, or managing the practitioner’s … Continue reading

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MSO Partnership for Physicians: Be Careful of the Wording in Your Agreement!

Practitioners often look to establish Management Service Organizations (MSOs) to help run the business end of a medical practice. Some of these services may include the following: handling payments for office space, providing equipment and supplies, or managing the practitioner’s … Continue reading

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Blending Professionals: Ensuring the Overall Protection of Practitioners

When a practice is undergoing changes, it is important for practitioners to work jointly with an attorney, financial advisor, and accountant to ensure the overall protection of their practice. The lawyer concentrates on the legal compliance of the practice; the … Continue reading

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Obtaining a New Job: Important Transition Considerations

It is not uncommon for practitioners to change jobs and join a new practice during the course of their career. When first considering a change in employment, it is imperative to immediately review the current employment contract and examine the … Continue reading

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The Murky Waters of Continuous Treatment Just Got Murkier

The recent case of Lohnas v. Luzi, 2018 N.Y. Slip Op 01114 (February 15, 2018)¬†brings the implications of the continuous treatment doctrine to the forefront. In this case, a physician performed shoulder surgery on a patient in 1998. The patient … Continue reading

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PC vs PLLC: Choosing Your Business Structure

In New York State, professionals who are licensed through the Department of Education can structure their businesses in two ways: as a professional corporation (PC) or a professional limited liability company (PLLC). Under New York Law, both structures provide identical … Continue reading

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Understanding Patient Consent Forms

To patients, consent forms might be viewed as a simple and standard document. These are forms that patients are now accustomed to receiving prior to any treatment. However, if you are a practitioner, it is critical for your consent forms … Continue reading

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Moving Your Healthcare Practice Forward in 2018

For physicians, dentists, and all healthcare practitioners, as 2017 comes to a close, it is time to think about the goals for your practice moving forward into 2018. Are you looking to take on new employees? Are you looking to … Continue reading

Posted in Buying/Selling a Practice, Dental Practices, General, Medical Practices, Partnership/Operating Agreements, Real Estate | Tagged , , , | Leave a comment