Archives

Category Archive for: ‘Dental & Medical’

OWNING SHARES IN A DENTAL CORPORATION

The shares of a dental corporation may only be owned by licensed dentists, dental assistants, and registered dental hygienists, and by other dental corporations registered with the Board of Dental Examiners. However, shareholders in a dental corporation are not required to be employees of the dental corporation, nor are they required to limit their practice to the dental corporation in …

Read More

Practice Transitions

When you work hard to build a practice and provide good care to your patients, you should be rewarded for your life’s hard work. The path to reaping those well-deserved rewards is made up of a series of careful decisions, which can have a significant impact on your future practice value. This article will discuss a few of those important …

Read More

Can a physician be hired as a medical director that does not own the practice?

We offer legal guidance for many medical practices in San Diego. Routine questions posed include: Can a physician be hired as a medical director that does not own the practice?

Read More

Can non-physicians own an interest in a medical corporation?

While a physician may consult with unlicensed persons in making the “business” or “management” decisions related to the practice, the physician must retain the ultimate responsibility for, or approval of, those decisions. Non-physicians owning or operating a business that offers patient evaluation, diagnosis, care/or treatment is generally prohibited under California law. The law does, however, permit certain licensed persons to …

Read More

Owning Shares in a Medical Corporation – San Diego and Beyond

Unlike other types of professional corporations, not all shareholders in a medical corporation are required to be licensed physicians. In a medical corporation, at least 51% of the shares must be owned by licensed physicians and/or surgeons. The remaining 49% may be owned by any combination of licensed podiatrists, psychologists, registered nurses, optometrists, marriage and family therapists, clinical social workers, …

Read More

Social Media for Practice Owners

Social media as a direct-to-customer marketing and customer service tool is the universal rule rather than the exception, even among doctors and dentists. In a study published in 2011, it was found that almost all U.S. doctors were using social media. No official studies on dentists have been published but marketing surveys put the number at just over half and …

Read More

Practice Valuation and Office Lease

The location of your practice is an important factor in influencing patient choice and retention. After positive word-of-mouth referrals and being covered by patient insurance, the convenience of the practice’s office location is the next important factor in a patient selection. This makes remaining stable in a location extremely important to retaining your patient base. That’s why provisions in an …

Read More