Planning to Sell Your Practice? Prepare for Due Diligence Now Part 2
Roetzel HealthLaw HotSpot
In this episode of #HealthLawHotSpot, host Ericka Adler continues her discussion on the due diligence process associated with healthcare practice sales. Joined by fellow Roetzel attorney Christina Kuta, they continue their conversation by encouraging listeners to have their compensation arrangements reviewed for regulatory compliance. Christina sheds light on the implications of non-compliant compensation arrangements, highlighting the potential repercussions that could affect a practice's sale. Ericka and Christina further discuss the importance of HIPAA compliance during the buy/sell...
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Planning to Sell Your Practice? Prepare for Due Diligence Now
Roetzel HealthLaw HotSpot
In this episode of #HealthLawHotSpot, host Ericka Adler sits down with fellow healthcare attorney Christina Kuta to delve into the steps healthcare practices should take to prepare for the due diligence process associated with a practice sale. They explore the lack of preparation seen in many transactions and highlight why it’s essential for practices to review operational and compliance issues before hitting the market. Ericka and Christina further discuss the impact of compliance reviews on the value of a practice during the sale process and how addressing compliance issues prior to a sale...
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Negotiating Physician Recruitment Agreements to Limit Risk
Roetzel HealthLaw HotSpot
Join host Ericka Adler on this week’s episode of the #HealthLawHotSpot as she welcomes healthcare attorney Laura Lauth Andrews from Lauth O’Neill, LLC. In this thought-provoking discussion, Ericka and Laura dive into the often-overlooked topic of physician recruitment agreements. Laura sheds light on what a recruitment agreement is and the requirements under the Stark Law that impact the agreement structure and whether a recruitment agreement may be legally offered. Together, they explore the various elements of recruitment agreements between hospitals, physicians and practices, and...
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Year-End and Trending Tax Considerations for Health Care Practices
Roetzel HealthLaw HotSpot
On the #HealthLawHotSpot this week, host Ericka Adler sits down with Roetzel attorney Donna Hartl to explore some crucial year-end tax considerations as well as trending tax issues. Donna and Ericka discuss the importance of accurately categorizing your expenses, the potential for prepaying smaller costs like insurance and property taxes, and the critical path to qualifying for the employee retention credit (ERC) before the April 2025 deadline. With impending elections influencing tax policies, Donna emphasizes the need to stay vigilant about record-keeping, especially with the IRS ramping up...
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Setting Up Your MSO/DSO Properly: Financial and Legal Guidance Is Essential
Roetzel HealthLaw HotSpot
In this episode of the #HealthLawHotspot, host Ericka Adler welcomes Laura Goodman, Partner at FGMK, to explore the intricacies of setting up Management Services Organizations (MSOs) and Dental Service Organizations (DSOs). Tune in as they delve into the essential collaboration between your legal and financial teams to ensure a solid foundation for your arrangements. Laura shares valuable insights on the first financial steps to take when setting up MSOs and DSOs, the best structures on both the clinical and management sides to avoid over-complication, and the critical distinction between...
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Cost Reduction Strategies for Health Care Practices
Roetzel HealthLaw HotSpot
In this episode of the #HealthLawHotSpot, host Ericka Adler sits down with Matthew Godley, a seasoned cost reduction expert and CEO of Spendly. Together, they discuss the challenges faced by independent healthcare practices striving to remain autonomous in an increasingly complex industry. Ericka and Matthew discuss the struggles practices encounter, from soaring administrative expenses to navigating insurance and payroll challenges. Matthew shares insights on how Spendly was created to help practices to develop tailored strategies to lower operational costs, ensuring they can focus on patient...
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Starting an Independent Health Care Practice: Tips for Success
Roetzel HealthLaw HotSpot
In this episode of #HealthLawHotSpot, host Ericka Adler sits down with her longtime collaborator, Lucy Zielinski, a partner at Lumina Health Partners, to tackle one of the most significant decisions a physician can make: starting an independent practice. With years of experience guiding physicians through the intricacies of practice formation, Lucy shares invaluable insight into the planning and operational steps necessary for success. Discover the importance of starting the planning process 6-12 months in advance, choosing the right location, and forming your business entity. Lucy also...
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FTC Non-Compete Rules on Hold: What Should Employers Do?
Roetzel HealthLaw HotSpot
In this episode of #HealthLawHotSpot, host Ericka Adler is joined by fellow Roetzel attorney Christina Kuta to discuss the latest developments in the FTC’s attempt to ban non-competition provisions. Ericka and Christina examine new developments since the previous episode, including a Texas court issuing an injunction preventing the FTC rule from going into effect nationally and the current circuit split that may postpone a final decision. They discuss how to treat non-competition provisions moving forward, emphasizing the necessity of understanding state-specific legislation and...
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Getting What You Want out of Your Health Care Practice: Insights From EOS Expert Mark Henderson Leary
Roetzel HealthLaw HotSpot
This week on the #HealthLawHotSpot, host Ericka Adler welcomes special guest Mark Henderson Leary, a Certified EOS Implementer® at EOS Worldwide. Mark dives deep into the common issues faced by private healthcare practice owners who may need assistance to take their practice to the next level. Mark explains that he works with all types of practices, from those struggling with profitability, to those with a need for better organization, systems, and quality employees. Ericka and Mark discuss a common challenge they see in the industry, where the entire success and operation of the health care...
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Urgent Action on Restrictive Covenants: Employers Must Prepare for FTC Rules
Roetzel HealthLaw HotSpot
In this episode of #HealthLawHotSpot, host Ericka Adler is joined by Roetzel attorney Christina Kuta to delve into an urgent issue that could impact employers nationwide—the upcoming FTC restrictive covenant rule. With the enforcement date looming less than 30 days away, and no clear court ruling delaying enforcement, employers must prepare now for the rule to go into effect. Ericka and Christina discuss the critical steps employers must take to prepare for compliance, including the necessity of providing clear notice to all employees affected by restrictive covenants and the importance of...
info_outlineIn this episode, host Ericka Adler, Roetzel shareholder and Health Law Practice Group Leader, is joined by Doug McKinley, Psy.D. MCC, Managing Principal at Lumina Health Partners and Director of Lumina Leadership Institute, for an in-depth look at how physicians can transition to a leadership role in their organization, and why a physician might elect to head down this path. They also discuss the challenges clinicians face on the journey to becoming a leader and the switch in mindset that is needed to become an effective leader, whether such role is assumed by choice or circumstance.