Understanding Licensing and Credentialing Requirements When Buying a Healthcare Business Buying a healthcare business can be exciting. But there must be certain requirements, especially with Licensing and Credentialing. These requirements ensure that the business operates legally and meets regulatory standards. Overlooking these steps can lead to legal troubles, operational delays, or financial losses. With the…
Evaluating Compliance Risks in a Healthcare Acquisition can unlock growth and expand services. It is a strategic move to strengthen its market position. However, healthcare is one of the most regulated industries. Compliance risks can complicate even the most promising deals. Ignoring these risks can lead to fines, lawsuits, and a damaged reputation. A comprehensive…
As Dental Service Organizations (DSOs) become more prevalent, it’s essential for them to navigate the legal landscape effectively. DSOs provide non-clinical support to dental practices, allowing dentists to focus on patient care while managing administrative tasks like billing, HR, and marketing. However, understanding and complying with legal requirements is crucial. What is a Dental Service…
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…
It is often said that if you look good, you will feel good, and the medical spa industry has capitalized on this idea. The global medical spa market was worth around $16.51 billion in 2022 and is predicted to grow to approximately $49.1 billion by 2030, with a compound annual growth rate of roughly 14.61%…
Navigating the healthcare system can be challenging for advanced practice registered nurses (APRNs). If you’re starting a Texas medical spa or working as an APRN, understanding scope of practice and registration requirements is crucial. This blog post breaks down essential information about education, training, and regulatory obligations based on the latest guidance from the Texas…
Starting a medical spa in Texas requires navigating complex regulations, but with the right guidance, you can succeed in this booming industry. The medical spa industry is thriving across the U.S., and Texas is no exception. The medical spa industry is thriving across the U.S., and Texas is no exception. With innovations in technology enhancing…
Many people have a basic understanding of trademarks, but many business owners remain inadequately protected. Here are some prevalent myths and misconceptions about trademarks that could put your business at risk: Myth 1: Trademarks Are Only For Large Companies Big corporations use trademarks, but they don’t wait until they’re well-established to secure them. Trademarks are…
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…
Starting a health coaching business requires meticulous planning to ensure both sustainable success and effective client engagement. Here’s a comprehensive approach to launching your venture on solid ground: Education and Training Several institutions offer a variety of different certifications that enable you to properly and legally work as a Health Coach. Take the time to…