Physician Services

Financial statements reveal business health
Financial statements provide information about the medical practice’s performance as a business. There are several types of financial statements: Three important ones are discussed here. (7/14/2010)

New staff? Have attorney review paperwork
Recruiting a new staff member? As you've probably discovered, many rules and regulations govern physician recruitment. It pays to have all physician employment agreements drafted or reviewed by an experienced healthcare attorney for conformity with employment and compliance regulations. And all transactions with hospital involvement should be carefully reviewed by legal counsel for all parties. (7/5/2010)

Recruiting involves art of negotiation
Deciding on a candidate for a professional position with your medical practice is only one piece of the puzzle. Next comes the negotiation phase. Knowing when to negotiate terms and when not to can help you find a candidate who fits your practice. (6/21/2010)

The technical information here is necessarily brief. No final conclusion on these topics should be drawn without further review and consultation. Please be advised that, based on current IRS rules and standards, the advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty assessed by the IRS.

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