Practice transitions take many forms. It can be a young veterinarian buying his first practice; a medical group brining on their first junior partner; or a seasoned dentist looking to expand her dental practice into different locations. Regardless of the form, each transition will include different agreements laying out the parties’ rights and obligations to each other. With ten years of experience of assisting doctors with their practice transitions, Levi Barlavi has experienced the good, bad and ugly in practice transition agreements.
A good agreement will clearly define the parties’ objectives, leading a smooth and successful transition and peace of mind. A bad one will leave room to different interpretations, creating discord and the unnecessary need for attorneys to fix the agreements. An ugly one will simply miss material points, mostly related to healthcare, and ultimately lead a costly litigation
At the Pacific Health Law Group, we focus exclusively on the legal needs of healthcare professionals. We leverage our experience and industry contacts to help mitigate the risks associated with practice transitions so doctors can have peace of mind.
Why Hire a Healthcare Business Attorney for Your Practice Transition?
Healthcare practices are unique among other businesses for one reason: their patients. Doctors looking to buy, merge or expand their practice must deal with the intricacies related to patient care that other business don’t. These include transferring patient care, retreatment issues, handling malpractice insurance, medical equipment compliance and the regulations promulgated by the boards of their professions. Unlike general business attorneys, our office works exclusively with healthcare providers and understands these nuances intimately.
Whether it’s understanding the delivery of patient treatment, drafting seller associate work back agreements, or modifying agreements to adequately deal with insurance issues, our attorneys provide a specialized knowledge of health law issues that a general business attorney cannot when handling practice transitions.
Practice Transition Services
At the Pacific Health Law Group, we pride ourselves in leveraging our healthcare knowledge to provide you with informative, efficient and cost-effective legal solutions for your new practice. For over ten years, our office has been working with dentists, doctors, and other healthcare providers to assist with them with the purchase, sales andexpansions of their practices.
Our work includes:
- Letters of Intent
- Asset Purchase Agreements
- Stock Purchase Agreements
- Associate Buy-Ins
- Lease Assignments
- Promissory Notes
- Real Estate Acquisitions
- Practice Expansions
Who We Service
Whether it is a new optometrist buying her first practice, a veterinarian looking to expand, or a seasoned dentist selling his practice with the goal of easing into
retirement, our attorneys can provide the necessary guidance to mitigate the risks associated with practice transitions.
Our clients include:
- Healthcare Businesses