Sell Medical Practice
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How to Sell a Medical Practice: A Complete Guide for Texas Physicians

Selling a medical practice is a major decision involving legal, financial, and operational considerations. Whether you’re retiring, relocating, or pivoting to a new opportunity, knowing how to sell a medical practice ensures a smoother and more profitable transition. This guide outlines the essential steps, team members, and legal considerations involved in the process — especially…

Asset Purchase Agreement
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Understanding Asset Purchase Agreement: What You Need to Know Before Buying or Selling a Business

Are you thinking about buying part of a business that’s already up and running? Or maybe you’re considering selling your own business but need to understand something called an “asset purchase agreement” better before you make a decision? This article is here to help you understand what an asset purchase agreement is, when you might…

Stock Purchase Agreement
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Making Healthcare Stock Purchase Agreements Easier to Understand

The healthcare industry is very regulated and complicated, with many different parts that can be invested in. People often invest in healthcare by buying stocks in companies that make medicines, medical equipment, and related things. But it’s not as simple as just picking the best-performing stocks. You need to understand financial markets, healthcare regulations, and…

Pharmacy Transactions
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Exploring Pharmacy Sales in Texas: What You Should Know

If you’re thinking about buying or selling a pharmacy in Texas, it’s important to understand how the process works in the state. It can be a bit complicated and take some time, but if you have the right information, you can make smart decisions and make the transaction go smoothly. In this blog, we’re going…

LOI
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Letter of Intent (LOI): What Is It & Why Do I Need One?

When you’re getting ready for a big business deal, like buying or selling a dental practice, you might feel a mix of emotions – excitement, nervousness, pride, fear, and more. But amid all these feelings, one important question stands out: Where do you start? Usually, business deals begin with something called a letter of intent,…

Texas Medical Board Complaints: Overview of the Board Process
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Texas Medical Board Complaints: Overview of the Board Process

The Texas Medical Board’s Mission Statement is: “To protect and enhance the public’s health, safety, and welfare by establishing and maintaining standards of excellence used in regulating the practice of medicine and ensuring quality health care for the citizens of Texas through licensure, discipline, and education.” The Texas Medical Board (TMB) looks into about 7,000…

15.50 Non-compete Agreement.

15.50 Non-compete Agreement.

A Non-Compete Agreement is a legal document that helps employers protect their important business secrets and practices. It’s like a special paper that stops partners, employees, contractors, or others from leaving the company and starting a similar business that would compete with theirs. This kind of agreement is most often used in industries characterized by…