Buying a medical practice in Texas is a huge, rewarding investment. But it has challenges that need careful planning. Whether you are a seasoned physician or a first-time buyer, every step is vital. It will help you secure a profitable and sustainable practice. This guide walks you through each critical stage. Step 1: Define Your…
Which Is Right For Healthcare Business Transactions? Are you buying or selling a healthcare business? Unsure whether to make an asset or stock purchase? Today, we’re simplifying it for you. In healthcare business transactions, choosing between an asset or a stock purchase is key. It’s not just a technical detail. It has major financial, legal,…
The U.S. Department of Health and Human Services (HHS) has updated the Privacy Rule of the Health Insurance Portability and Accountability Act (HIPAA) of 1996. This change, driven by the Biden-Harris administration through the Office for Civil Rights (OCR), follows the Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization. As a result, 21…
In many industries, kickbacks are seen as a normal part of doing business, but in the realm of healthcare, they’re viewed quite differently. Kickbacks are not only unethical, but they’re also illegal, posing a significant threat to patient welfare and the integrity of healthcare systems. It’s important to understand the Anti-Kickback Statute so as to…
If you’re managing a medical practice, you might assume that the services of a healthcare attorney are only necessary when facing a lawsuit. However, healthcare attorneys offer more than just litigation support; they can provide crucial assistance in various operational aspects. Here are five situations where your practice may benefit from the expertise of a…
A Paradigm Shift in Healthcare Concierge medicine, once considered a luxury reserved for the affluent, is swiftly gaining traction in Texas as a compelling alternative to traditional healthcare models. This article delves into the burgeoning trend of concierge medicine in the Lone Star State, examining its rise, elucidating its benefits, highlighting the challenges it faces,…
The False Claims Act – some background The United States False Claims Act (FCA) is a significant federal law aimed at prosecuting individuals or organizations that make false or fraudulent claims for payment from government agencies. It strictly forbids the knowing submission of false claims for payment and making false statements that are critical to…