What Constitutes a Contract Breach? Contracts are agreements with terms and conditions that both parties must follow. If one party fails to fulfill their part of the agreement without a valid reason, it's called a breach of the contract. There are different types of contract breaches, such as: Non-Payment: This happens when someone doesn't pay...
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blog | Business | Healthcare Law
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...
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Selling or buying a healthcare practice can be a tricky process. One of the most important documents you need for this is the healthcare practice agreement. This paper spells out the sale details and sets the rules for the buyer and seller. If you're a healthcare practice owner, it's crucial to grasp the key parts...
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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...
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Being a part-owner of a medical practice can be an exciting and rewarding step for a doctor. There are various ways to achieve this, such as starting your practice from scratch or buying an existing one. However, another option that offers a smoother transition is becoming a partner in an existing practice. But what exactly...
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Agreements | blog | Business
Employers sometimes use non-compete agreements to protect their secrets and client lists and stop employees from working for their rivals. When healthcare providers hire new doctors, they might make special agreements, called physician non-compete agreements. But these rules can be stricter and have extra conditions compared to regular non-compete agreements. Texas Requirements for Physician Non-Compete...
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blog | Contracts | Healthcare Law
No matter how big or what type of medical place it is, all healthcare facilities need certain kinds of agreements. These agreements act as special contracts, explaining how the facility and certain individuals or groups are connected. Additionally, they talk about what each party must do, for example when the agreement will end, and other...
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Over the past ten years, there has been a significant rise in the number of private equity (PE) companies purchasing medical practices. This may seem like too good of an opportunity to pass up. Think about how much easier it would be to outsource some of the administrative responsibilities of running your practice to another...
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