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Physician Practice Establishment and Management

Physician Practice Establishment and Management


Overview

Our health care team has the experience, industry knowledge, and business acumen to guide physician practices through the ever-changing health care business and regulatory environment and through all stages of their life cycles, from establishment to closure.  We count as clients all types and sizes of physician practices, from solo practitioners to large, multi-specialty practices.  Our goal with every physician practice client is to help establish and manage efficient, cost-effective business models that allow physicians to provide quality care to their patients while adhering to federal and state regulations and adequately compensating and incentivizing providers and staff.

If you would like more information about how Smith Moore Leatherwood can serve as your practice’s trusted advisor, contact a member of our team.

Experience

Our experience with physician practices includes assisting clients with the following:
 

  • Advised clients regarding the appropriate corporate structure for a medical practice and developed necessary corporate documents
  • Navigated interactions with medical boards, nursing boards, pharmacy boards, and other regulatory agencies to enable physicians to establish and grow their practices
  • Negotiated contracts with vendors and third-party payors, including electronic health record contracts, office leases, equipment leases, and provider agreements with government and private payors
  • Handled employment issues that arise with staff, including drafting of appropriate employment agreements and policies
  • Designed provider compensation plans to incentivize efficiency and quality of care while fairly rewarding providers
  • Developed governance documents that anticipate and appropriately address issues such as buying into and departure from a practice
  • Assisted in the set-up of physician-owned laboratories, clinical research organizations, and other ancillary services
  • Assisted in the establishment of friendly-PC management services arrangements with physicians, dentists, and other practitioners to avoid corporate practice of medicine and fee-splitting concerns
  • Advised multi-clinic practices on Affordable Care Act’s “controlled group” analysis to determine whether practices are large employers subject to employer mandate
  • Responded to government investigations, including HIPAA audits, fraud and abuse investigations, and self-disclosures
  • Provided advice on billing and supervision requirements for midlevel providers
  • Assisted physician practices with navigating relationships with hospitals and health systems, including the sale of physician practices, joint ventures, management services agreements, and mergers and acquisitions

* Past success does not indicate the likelihood of success in any future legal representation.

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DISCLAIMER

Each of our lawyer's e-mail address is provided with his or her biography. If you are not a current client of our firm, you should not e-mail our lawyers with any confidential information or any information about a specific legal matter, given that our firm may presently represent persons or companies who have interests that are adverse to you. If you are not a current client and you e-mail any lawyer in our firm, you do so without any expectation of confidentiality. We will not establish a professional relationship with you via e-mail. Instead, you should contact our firm by telephone so that we can determine whether we are in a position to consult with you about any legal matters before you share any confidential or sensitive information with us.