Protecting an Entrepreneur’s Greatest Asset – Their Team

Mitch Pisik, Executive Coach to High Performing Entrepreneurs

The most successful entrepreneurs we serve build their success through a combination of their own hard work and by building, leading and keeping high performing teams. In this special guest post, entrepreneur business coach and consultant Mitch Pisik shares an executive summary on protecting one of your business’ greatest assets, its people. Ike Devji A Company Is Known […]

Protect Your Business or Medical Practice From Internal Fraud

Fraud Internal

Business and medical practice owners and managers must be aware of internal fraud and embezzlement that often capitalizes on recurring year-end cycles in revenue, spending and inventory and a lack of regular oversight. I covered some of the external fraud scheme you face at year-end in another discussion including a detailed look at invoice fraud.  While I provided […]

Negative Publicity: Crisis Management for Businesses, Medical Practices

CRISIS

Issues in the news like the recent Ashley Madison data dump prove how negative publicity related to your practice or  the personal activities of any of its owners or employees, can have devastating effects on your professional reputation and financial solvency. Regardless of the cause, every business and medical practice owner and manager should understand some PR crisis […]

Employment Manuals Commonly Overlooked in Asset Protection Plans

EMPLOYEE HANDBOOKS

Medical practices and other businesses of all types face many types of risk outside the strict scope of their professional liability. One major lawsuit risk to business owners and doctors is employment-related lawsuits that must be mitigated with a professionally drafted employment manual. I continually stress that a good asset protection plan has many layers, including management of all reasonably anticipatable risks. […]

Asset-Protection Basics You Must Understand in 2015

BUSINESS AND MEDICAL PRACTICE OWNER LAIBILITY

Here are some key conceptual issues about Asset Protection doctors and business owners should understand as we go into a new year: 1. The best medicine, just as in your profession, is prevention, not treatment. Timing is always a key concept from a legal perspective; you may be legally unable to act (fraudulent conveyance, voidable […]

Employment Review Tips for Your Medical Practice or Busienss

EMPLOYEE LAWSUIT LIABILITY

A new year is a logical time to a handle a variety of employment related issues. Employee reviews are a key part of the process that will help you manage liabilities and encourage continued success and performance. We’ve covered a variety of employment related issues ranging from the basic steps all business and medical practice owners and […]

Celebrity Medical Patients Require Extra Supervision, Create Higher Risks

SURGICAL CENTER AND MEDICAL PRACTICE LIABILITY

Celebrity (or just high-profile) patients present a number of unique challenges for medical practices and require additional supervision and compliance measures to protect the practice, the patients and staff.     In last week’s discussion I provided some detail on the death of Joan Rivers during her treatment at an outpatient surgery center (ASC), and […]

Joan Rivers’ Death Puts Liability Spotlight on Outpatient Surgery Centers

ASC LIABILITY ISSUES

Comedienne Joan Rivers went into cardiac arrest while being treated at an ASC, or outpatient surgery center and died a week later after lapsing into a coma. As a result, ASCs are in the media and regulatory spotlight for a variety of legal issues, including doctor referrals, standards of care and how they are run, often not […]

Lawsuits Against Doctors Are For More Than Just Medical Care Delivered

PHYSICIAN AND HEALTHCARE EXECUTIVE LIABILITY

Getting back to the asset protection roots of our discussions, today we examine a variety of liabilities for doctors that are not strictly related to the “standard of care” at the center of most malpractice claims. If you joined us last week, we discussed so-called “defensive medicine” and the idea that limiting diagnostics based on […]

“Defensive Medicine” is often Good Medicine and “Best Practice” for Doctors

PHYSICIAN AND HEALTHCARE EXECUTIVE LIABILITY

Asset protection for doctors is the main focus of this column (note: this article originally appeared at www.PhysiciansPractice .com, The Nation’s Leading Practice Mgmt. Resource) and we’ve examined it from many angles over the last 100+ articles I’ve shared here. Today, we examine the issue of defensive medicine, much decried by politicians and insurance companies and […]