When the local hospital approaches you about selling your practice and converting it to a provider-based outpatient department, you may want to hear them out. There are many benefits to becoming a department of the hospital, but what would it mean for you and the practice you worked tirelessly to build? What Does It Mean…
Steven M. Harris, Esq., is a nationally recognized healthcare attorney and a member of the law firm McDonald Hopkins LLC. Steve has a national reputation as an advisor to business and professional organizations, counsels privately and publicly owned corporations and healthcare clients on contractual and regulatory issues, succession planning, and related transactional matters. He represents clients in acquisitions, divestitures, joint ventures and contract disputes. In addition to acting as a business advisor, Steve serves as a member of various boards of directors. Steve also commits substantial time educating the medical profession on business and regulatory matters. Presentations include the American Academy of Orthopedic Surgeons, the American College of Occupational and Environmental Medicine, Northwestern Memorial Hospital, the University of Chicago Hospital, the American Dental Association, and Illinois Medical Group Management Association (ILMGMA). Contact him via e-mail at [email protected].
Articles by Steven M. Harris, Esq.
Internal Due Diligence Reviews Critical for Physician Practices
The only way to be confident your practice is performing well is to conduct periodic internal reviews of your practice operations. This allows you to familiarize yourself with the intimate details of your practice operations and identify what you are doing well and what needs improvement. Doing so will not only help your practice become…
Internal Due Diligence Review Important for Physician Practices
Whether you’re considering selling your practice, growing your practice or maintaining the status quo, it’s important to periodically do a checkup on your internal operations and compliance with the law. It’s always preferable to discover problems within your practice and correct them (if possible) before those issues are discovered by third parties, such as the…
Beware Antitrust Laws When Considering Healthcare Mergers
Analysis of laws governing collaboration of healthcare systems, hospitals and physician practices should be done before consolidating
What Physicians Should Know Before Leaving a Medical Practice
Termination provisions your employment agreement should include; plus other considerations to address before you transition
Selling a Rheumatology Practice to a Hospital or Health System
Negotiating points, key business decisions to consider when transferring ownership
Omnibus Rule Compliance Deadline Imminent
Business associate agreements under pressure to meet new, expanded HIPAA standards by September 23
Avoid Data Breaches, HIPAA Violations When Posting Patients’ Protected Health Information Online
Learn how to de-identify patient information before sharing it over social media or by other means
Legal Updates: Healthcare Data Privacy and Security under HIPAA
Maintaining the privacy of healthcare data Is paramount, and a breach can cost you hundreds of thousands of dollars
Is It Time to Reevaluate Your Physician Compensation Model?
Ongoing payment reform, healthcare consolidation forces rheumatology practices to reconsider ways doctors are paid