Category: Practice Transition
Three New Year’s Resolutions To Keep
At this time of year, many people take a moment to reflect on the past year and plan for ways to improve in the new one. In addition to traditional resolutions about personal health, there are some resolutions you should consider in your practice as well.
Six Ways to Build Your Practice – Part Two
In our previous post, we looked at several considerations to take into account when opening and building a practice. Below are some additional thoughts on some of the challenges facing start-up practices.
Forming A Group Practice Part 2: Allocating Income and Expenses
Often, the biggest sources of tension in forming and operating a practice revolve around money. Even when you go into business with good friends, resentment can build when one of your partners is perceived to not be pulling his weight, or taking too much out of the practice. Left unchecked,…
Forming A Group Practice Part 1: Choosing the Right Entity
Whether you are setting up a practice group with friends just out of medical school, breaking off from an existing medical practice, or merging your practice with another doctor’s, there are some decisions you must make when forming a new practice group that can have far-reaching consequences. This series of…
Anatomy Of The Asset Purchase Agreement Part 5: Mediation and Arbitration Provisions
In our final post in this series, we look at ways to structure asset purchase agreements to resolve disputes that may arise after the asset purchase agreement has been executed. Although the goal of every agreement is to clearly define the rights and obligations of the buyer and seller, disputes…