Medical and Dental
Medical and Dental
Recent medical and dental school graduates, as well as experienced physicians, may not always be able to rely on patients knocking on their doors to generate income. Given this reality, they may, instead, seek employment with physicians in established practices, with medical groups, clinics, hospitals or other organizations. Relationships between physicians hired to perform services and companies engaging those physicians’ are governed by employment or engagement contracts. Once signed by both parties, these contracts constitute binding agreements for the duration of their terms, and often, in some respects, beyond the expiration or termination of those agreements. Given the ever-increasing complexity and ramifications of such arrangements, advice and experience of legal counsel to help medical and dental professionals navigate this terrain is of paramount importance. Our Firm provides highly specialized in-depth and insightful review of employment contracts and extensive consultation on all relevant aspects of health care employment for both recent graduates and experienced physicians in the following critical areas:
Most physicians, at some point in their medical careers, contemplate and pursue starting their own professional practices. They do so in order to either supplement or enhance their employment and income from medical groups or clinics, or to initiate private practice, either on their own or in partnerships with their colleagues. With more than a decade of experience in assisting medical and dental practitioners with the formation of their practices, our Firm provides a wide range of services to physicians with the following:
For some of our dental and medical clients there comes a time when they either desire to retire or move on with their personal and professional lives, which requires the sale of their professional practices. This process requires expert advice and counsel of attorneys who can properly guide physicians on the intricate details involved in the sale of professional practices, including appraisal of the assets and patient base, potential liability issues that may arise following the actual sale of practices, structured payouts, warranties, and representations that are likely to be required from the selling party.
Similarly, some of our clients desire to augment their patient base by either acquiring other practices or merging with them. For these clients we offer the following:
Additionally, we actively advise clinical laboratories with respect to the sale of their businesses to either larger laboratory establishments, or venture capital funded enterprises.
Over the years, we have actively advised numerous individual physicians, as well as groups of physicians of various sizes, with respect to their investment and participation in ambulatory surgical centers (ASCs). We handle all aspects of the transactions associated with such investments by our clients, including the following:
Some of our clients desire to either share their professional experience with professionals in other countries or contribute to society via active participation in domestic and international charities and initiatives directed at aiding those who otherwise may not be able to procure treatment from highly-educated and meticulously trained dental and medical practitioners. We guide these clients through the issues pertaining to their involvement in such not-for-profit initiatives to ensure that while fulfilling their desire to help the underprivileged and those in need, they do not violate their professional and ethical responsibilities and regulations, and comply with the requirements established by the American Medical Association and the IRS.