Whether you’re just starting your practice or have been a physician for years, it’s crucial to stay informed about the rules set forth by the Florida Medical Board. These regulations dictate everything from professional conduct and scope of practice to continuing education requirements. By remaining compliant, you protect not only your patients but also your […]
An earn-out agreement is a common strategy used in business acquisitions, especially for medical practices where the future performance can significantly affect valuation. Under an earn-out, the seller receives additional compensation if the practice meets certain financial or operational targets after the sale. While this can be an attractive option, structuring an earn-out correctly requires […]
Franchising can be an exciting way to enter or expand within the booming medical spa sector, but these deals come with unique legal complexities. From operational obligations to regulatory compliance, careful review of the franchise agreement is paramount. Engaging an attorney with expertise in both franchise and healthcare law can help you understand the fine […]
Running a medical practice comes with many responsibilities, including managing finances and adhering to tax regulations. While audits can occur for a variety of reasons, certain red flags—like inconsistent income reporting or improperly claimed deductions—can increase the likelihood of scrutiny by the IRS. Being proactive about your tax strategy and working with an attorney experienced […]
Wrongful termination claims can be financially and reputationally damaging, especially in the sensitive environment of a medical practice. Despite Florida being an “at-will” employment state—where employers can typically terminate employees without cause—there are numerous exceptions and legal frameworks protecting workers from discriminatory or retaliatory dismissals. Understanding these nuances and consulting a business law attorney can […]
Providing financing plans can open up your cosmetic practice to a wider patient base, making procedures more accessible for those who might otherwise be unable to afford them. However, healthcare financing is a heavily regulated area, and cosmetic surgery practices must ensure their lending or credit arrangements comply with both federal and state laws. Failing […]
Florida’s approach to medical marijuana has evolved considerably, allowing certain qualified patients to access cannabis for specific conditions. Yet, the path to providing these treatments is littered with regulatory challenges and strict requirements. Understanding state laws, federal conflicts, and professional guidelines is essential for any healthcare professional considering this treatment avenue. Consulting with a knowledgeable […]
If you’re starting or restructuring a med spa, one of the most critical decisions you’ll make is how to legally organize your business. While options like Limited Liability Companies (LLCs), Professional Associations (PAs), and Corporations each offer different benefits, choosing the right one requires a clear understanding of liability, tax implications, and regulatory requirements. Collaborating […]
Offering financing for cosmetic procedures and treatments can be an excellent way to attract new clients and make your services more accessible. However, medical spas must navigate a complex web of consumer protection laws, healthcare regulations, and contractual obligations when setting up these financing arrangements. Partnering with a skilled attorney can help you identify and […]
Tax compliance is critical for any healthcare business, and medical practices face unique reporting requirements that can draw the IRS’s attention. From proper recordkeeping to ensuring accurate income and expense reporting, there’s no shortage of potential pitfalls. Proactively managing your practice’s finances—and seeking legal guidance when necessary—can help minimize your audit risks and protect your […]