What You Need to Know When Buying a Medical Practice HIPAA and Your New Medical Practice Buying a medical practice is exciting but comes with responsibilities. One is HIPAA compliance. If you’re a physician buying a solo practice, a group expanding, or a healthcare investor, you must know HIPAA. It’s key to a smooth transition….
Compliance Challenges for Non-Physicians in Healthcare Acquisitions Buying a healthcare business is a big opportunity. But, it has unique challenges—especially for Non-Physicians in Healthcare Acquisitions. The healthcare industry has strict rules designed to protect patients and prevent fraud. For non-physician buyers, it’s vital to know and follow these rules. They will help avoid costly mistakes….
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…
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…