Buying or selling a dental practice is a major decision, and the mergers and acquisitions (M&A) process involves much more than just agreeing on a price. From the very beginning, both buyers and sellers need to understand the legal, financial, and operational steps involved to ensure a smooth and successful transition. That means conducting due […]
Running a medical practice comes with many responsibilities, and failing to comply with legal and regulatory requirements can lead to serious consequences. From HIPAA violations to improper contracts, there are several common legal pitfalls that can put your practice at risk. Many medical professionals focus on patient care but may overlook the business and legal […]
HIPAA compliance is essential for every dental office to protect patient privacy and avoid legal consequences. The Health Insurance Portability and Accountability Act (HIPAA) establishes strict guidelines on how patient information should be stored, shared, and protected. Failure to comply can lead to hefty fines, lawsuits, and damage to your practice’s reputation. Ensuring that your […]
Whether you’re an aspiring dentist just out of school or an experienced professional relocating to a new state, understanding the licensing and permit requirements is vital. Compliance not only safeguards your right to practice but also protects patients and upholds the integrity of the profession. From fulfilling state-level prerequisites to obtaining necessary permits for specialized […]
Bringing on a dental associate is a big step in growing your practice, but the relationship needs to be structured carefully to avoid misunderstandings and legal disputes. A well-drafted contract is the foundation for a successful partnership with your associate, outlining responsibilities, compensation, and long-term expectations. This is where business law expertise becomes invaluable, and […]
Vender su consultorio dental a una Organización de Servicios Dentales (“DSO”) es un paso transformador en su carrera, pero es crucial navegar el proceso prestando especial atención a las consideraciones legales. En esta breve descripción general, exploraremos los aspectos legales clave involucrados en la venta de su práctica dental a un DSO y brindaremos información […]
When it comes to selling a dental practice in Florida, understanding the nuances of tax allocations can significantly impact your financial outcomes. These allocations determine how the purchase price is divided among different assets, such as goodwill, equipment, and real estate, and can have substantial implications for both the buyer and the seller. One crucial […]
Navigating the complexities of dental practice mergers and acquisitions in Florida requires clear and strategic communication with both patients and staff. Effective communication is vital to ensure a smooth transition and to maintain trust and morale throughout the process. When informing patients about a merger, transparency is key. Patients should be notified well in advance […]
Dental mergers and acquisitions present unique opportunities for growth and expansion in the competitive dental industry. When considering a merger or acquisition, understanding the various financing options available is crucial to ensuring a smooth transition and successful integration. Traditional sources of financing, such as bank loans and SBA loans, have long been the go-to choice […]
When the time comes to sell a dental practice in the Sunshine State, navigating the intricacies of tax allocations within the purchase price becomes a crucial consideration. Understanding how the purchase price is allocated can significantly impact both the buyer’s and seller’s tax liabilities, making it essential to strategize and plan accordingly. In Florida dental […]