Category Archives: Partnership/Operating Agreements

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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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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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

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Fee Splitting: Physicians, Take Heed

Fee splitting is when revenue is shared between physician and physician, or between a physician and a third party, based upon referral sources. For example: Physician A refers a patient to Physician B. Physician B makes a hundred dollars from … Continue reading

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2016 Year in Review: 3 Areas Every Healthcare Practitioner Needs to Know

If you have your own practice, there are certain areas that are pertinent to running your practice in an efficient manner. You should be aware of these areas and if not, you should be on the lookout for next year. … Continue reading

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How Does a Practitioner Remove a Patient from Their Practice Legally?

There are many reasons for dismissing a patient from your practice. This may involve a patient that has been with you for many years or not that long, but someone who you feel is disruptive; or there has been a … Continue reading

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Is an E-Signature Legally Binding?

{2:55 minutes to read} With the increase in business conducted electronically, it is now possible to sign documents electronically. Electronic signatures are accepted on more and more documents, thanks to the Uniform Electronic Transaction Act of 1999. But they are … Continue reading

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Protecting Your Business – the Necessity for a Non-Disclosure Agreement

{3:35 minutes to read} During negotiations of a business venture or sale, certain confidential information may be passed between the parties in order to determine whether there is a mutual desire to enter into a formal contract. A Non-Disclosure Agreement … Continue reading

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