HCPLive Network
PRACTICE MANAGEMENT

Roundtable: To Sell or Not to Sell, Part III

| Friday, November 15, 2013
Moderator:
Lee Ferber, CFP
Marcus Gettry, CPA, P.C.
David Mandell
OJM Group, LLC
Principal
Todd Rodriguez
Fox Rothschild
Partner, Health Law Practice


In this roundtable, panelists will discuss analyzing whether a practice should stay private or sell to a hospital and Todd Rodriguez, partner with Fox Rothschild, explained specific terms embedded in hospital employment agreements. He looks specifically for things, such as grounds for termination and productivity targets, in the contract that might be beyond the control of the physician
 
In particular, he views the most important part of the contract for physicians who are leaving private practice is the ability to return to private practice.
 
“If you get into the arrangement and decide it’s not your cup of tea or it’s not working out for whatever reason, you at least can go back to the status quo,” Rodriguez said. “That’s a fairly big protection.”



Part 1 | Part 2 | Part 4 | Part 5

RELATED ARTICLES
While planning to reduce your taxable income is important, it is equally imperative that you take advantage of the multitude of federal and state tax credits that are available.
Should employed physicians unionize? The question arises as more and more physicians become employees of large organizations.
Many physicians have found that having a hobby that will actually pay them can be very beneficial.
RECENT CLINICAL ARTICLES
The US Food and Drug Administration (FDA) approved today Xtoro (finafloxacinotic suspension), a novel drug treatment for acute otitis externa, otherwise known as swimmer’s ear, an infection within the outer ear and ear canal, typically caused by bacteria festered in the ear canal.
Congress’s new 2015 budget bill effectively lifts the federal ban on medical marijuana. A little-noticed section of the bill bars the federal government from using federal funds to prevent the “distribution, possession, or cultivation of medical marijuana” in states where medical marijuana is legal.
A support group developed by a hospital in New York has shown that patients with rheumatoid arthritis can see their condition improve by not only addressing the physical symptoms but the psychological issues as well.