Shares, Stocks, or Both?
April 14, 2022
Do healthcare practices have shares or stocks? Is there a difference? Here's what owners need to know when they launch a new practice.
Urgent Care Centers: The Opportunities (and Challenges) of Ownership
March 29, 2022
Do you find the prospect of urgent care ownership appealing? Read on to learn about the requirements for launching a new facility.
Assumed Names vs. Legal Business Names In Healthcare
March 25, 2022
What is an assumed name, and does it matter to your healthcare practice from a legal standpoint? The answer is a resounding "yes."
How Does Money Flow Through a Management Services Organization (MSO)?
March 11, 2022
Before siging and agreement with an MSO, understand what constitutes a compliant scope of services and compensation model.
What Are Corporate Formalities?
February 4, 2022
When starting a new healthcare business or practice, you may hear that you should observe “corporate formalities.” But what exactly are these corporate formalities? Do they really matter?
Management Services Agreements (MSAs): What Healthcare Professionals Should Understand
January 20, 2022
You may have heard of management services agreements (MSAs) or been told you need one to have one. Understand its purpose and how it makes your healthcare practice compliant with state and federal law.
The Corporate Practice of Medicine in Illinois
November 3, 2021
The Corporate Practice of Medicine (CPOM) doctrine frustrates many entrepreneurs interested in starting a medical practice in many states, including Illinois. In this four-minute video, Erin Jackson explains the basics and a compliant workaround.
3 Tips for Choosing a Name for Your New Healthcare LLC or Corporation
September 15, 2021
Fixing a business name that doesn't comply with your state's requirements can be costly. Save yourself the headache and take the time to get it right.
Why Accountants Should Not Form LLCs or PLLCs for Healthcare Practices
February 7, 2021
Many accountants include business formations in their menu of services. However, the complexity of healthcare regulation makes this risky for both accountants and their clients. We discuss the most common pitfalls.
Should I Establish a PLLC or an LLC for My Illinois Healthcare Practice?
December 10, 2020
How do you know whether to choose a PLLC or an LLC for your healthcare practice? Getting it wrong can hold up your IDFPR registration. We review the basics.