A letter of intent (“LOI” and, sometimes, memorandum of understanding (“MOU”)) is a crucial document in the sale of a dental practice–or any practice for that matter, laying the groundwork for the transaction. As an attorney working in healthcare law, I emphasize the importance of drafting a comprehensive LOI that outlines the key terms and […]
The burgeoning market for medical spas, or MedSpas, continues to offer an appealing prospect for entrepreneurs in the realm of beauty and wellness. However, creating the perfect haven for aesthetic and wellness therapies goes beyond choosing the right location or the latest skin rejuvenation technology; it involves a complex process of legalities, especially when dealing […]
Tax considerations play a significant role in the sale of veterinary practices, impacting both buyers and sellers. As an attorney working in veterinary practice sales, I understand the importance of carefully structuring the tax allocations of the purchase price to maximize benefits and minimize liabilities for all parties involved. In this article, I’ll discuss the […]
Selling your dental practice to a Dental Service Organization (“DSO”) is a transformative step in your career, but it’s crucial to navigate the process with careful attention to legal considerations. In this brief overview, we’ll explore the key legal aspects involved in selling your dental practice to a DSO and provide valuable insights to help […]
For veterinarians—whose mission is to provide care for animals—facing a complaint with the Florida Board of Veterinary Medicine can be a distressing experience. Not only does it put your hard-earned professional reputation at risk, but it may also lead to legal consequences that can jeopardize your license. As an attorney specializing in license defense, I’m […]
Florida’s Patient Brokering Act (the “PBA”), Florida Statutes §817.505, prohibits certain activities related to patient referrals and payments in healthcare settings, including dental practices. Understanding and complying with the PBA is essential for dental professionals to avoid legal penalties and protect their professional reputations. In this post, I’ll provide some of the contours for navigating […]
Employee handbooks or office manuals play a vital role in establishing policies, procedures, and expectations for employees in dental practices. As an attorney specializing in employment law, I’ve assisted many dental practices in drafting and implementing employee handbooks that comply with legal requirements and best practices. In this blog post, I’ll discuss the legal considerations […]
Purchasing a dental practice is not only a significant professional milestone but also a substantial financial investment. For many prospective buyers, taking out a loan from a bank to fund this acquisition is the most viable path to ownership. While the prospect is exciting, it is imperative to approach the borrowing process with a clear […]
The decision to buy or sell a veterinary practice comes with significant legal implications. As an attorney, my perspective on such transactions is rooted in protecting clients’ interests, ensuring compliance with regulations, and facilitating a smooth transition of ownership. In this article, we will delve into the legal intricacies involved in the buying and selling […]
In Florida, just as in many other states, certain professionals who offer their services to the public are allowed to form a specific type of business entity that reflects the professional nature of their services. The term ‘Professional Association’ (PA) refers to a specific business structure allowed under Florida law that enables licensed professionals to […]