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,…
Creating a compliance plan is super important, especially in healthcare. This plan acts like a safety net to make sure everything is done right, there’s good oversight, and everyone’s private info is protected, plus they get billed correctly. Not having a strong compliance plan can lead to big issues, like fines and unhappy patients when…
Can non-doctors legally participate in healthcare businesses like med spas or IV clinics in Texas? The answer is yes—with the right legal structure. One of the most effective strategies for non-physicians looking to invest in or operate a healthcare business in Texas is through an MSO healthcare model, or Management Services Organization. In this guide,…
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…
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…
Non-disclosure agreements (NDAs) are like secret-keeping promises for companies. They help keep important information, like customer lists or secret plans safe. If someone breaks an NDA, they can get into serious trouble with the law. Do I Need a Lawyer to Check an NDA Before I Sign? Do I Need a Lawyer to Make an…
If you are buying an existing business, work with professionals and protect yourself from business risk and deal disputes with these 5 steps: 1. Learn About the Business: First, you should find out as much as you can about the business you want to buy. Check out what people are saying about it on Google…
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…
A 1099 independent contractor agreement is a contract between a contractor and a company. It explains how they will work together. Here are some things that might be in the agreement. The contract gives a list of services they will perform. 1.The contractor’s job: It tells what work the contractor will do for the company….
Non-disclosure agreements (NDAs) are like important promises between people or businesses that they won’t share certain private information with others. People make these promises to keep certain information secret and not share it with others. We also call them confidentiality agreements or proprietary information agreements. But no matter what name they have, they all have…