Those who operate assisted living facilities or nursing homes can provide a safe place for people to find quality care for aging loved ones while also taking advantage of this growing market. This industry can prove both personally gratifying and financially...
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Year: 2022
Separating your finances after starting a business
Starting a business can be a significant investment. You may have started thinking about your company and branding long before you were ready to sell your products or services. Getting your business going may have started with a significant initial investment. Whether...
How a lawyer can help with due diligence during an acquisition
Acquiring a company is a huge decision. If this is something you’re considering for your business, you’ll want to know as much as possible about the company you are targeting. The process of reviewing a company before an acquisition is called “due diligence,” and it...
3 tips for providers to avoid Stark Law and Anti-Kickback Statute violations
Healthcare law is a complex niche area of the legal world. It is important for healthcare professionals to have at least a basic understanding of how these laws work and how they can affect your ability to practice in your chosen profession. It is helpful to start...
Do I need to change the structure of my business?
Starting a business can be an exciting time. Often, in the rush of getting your company going, you may not take the time to understand the available types of entities fully. There are also times when you may sense that your business is going through growing pains. As...
Is it time to sell your business?
There are many reasons to start your own business. You may have had visions of being your own boss, or you may have stumbled upon an idea you simply had to pursue. Regardless of your reasons for starting, selling your company can be an exciting way to move toward the...
Forming a partnership on purpose
As you get ready to start a new business, a friend or colleague can be essential to building your company and your motivation to keep going. While you may intend your work together to be temporary, the person you are working with may have a different idea. In some...
Why is cybersecurity important in telehealth industries?
During the COVID-19 pandemic, many organizations altered the path of provider-patient interactions forever. No longer is a person-to-person interaction necessary to resolve minor to intermediate medical questions. While it is possible that interactions might return to...
3 important tips to remember about your company’s handbook
No matter the size or scope of an organization, business owners rely on the quality of their contracts to foster market growth and economic strength. Often, these contracts and agreements take the form of internal paperwork such as restrictive covenants and employee...
Hospitals need best practices to address agency inquiries and investigations
There are many valid reasons why the health care industry is regulated. Providers are obligated to provide the best possible health care, and part of that objective is to have an effective compliance program that ensures quality care from physicians, nurses, support...