Real Estate Liabilities and Physicians’ Financial Solvency

As an asset protection attorney, my primary responsibility has always been helping clients identify and proactively plan against as many litigation-related exposures as possible. That planning now includes a more complete evaluation of financial and economic risks than ever before. Below is one common example that illustrates the challenges many are facing and the importance […]

Beyond Pie Charts: Three Vital Year-End Financial Planning Questions for Doctors

The complexity of the current business environment and economy can easily feel overwhelming to many medical professionals. As we’ve discussed in previous articles, asset protection and wealth preservation planning for doctors is not just about litigation and must include a holistic balance of legal, financial, tax, and insurance planning. My work with some of the […]

AMA adopts policy on “professionalism in the use of social media”

The American Medical Association recently published a policy on “Professionalism in the Use of Social Media,” in an apparent attempt to address growing concerns about patient confidentiality and privacy in various internet settings.    A great simple summary of the issues involved by attorney Colin J. Zick is available here: http://www.securityprivacyandthelaw.com/2010/11/articles/medical-information/ama-adopts-policy-on-professionalism-in-the-use-of-social-media/#page=1

Two Types of Liability Insurance Your Practice Needs (and likely lacks)

To address two common exposures that are often overlooked and important in protecting your business against a potential lawsuit;  employment practices liability and cyber liability, I turned to insurance expert Aaron Stauss at Gilbert Insurance  for some details on how you can be protected. If you have employees, a website, or your business works with or stores […]

PROFIT RETENTION STRATEGIES FOR MEDICAL PRACTICES –

  IT’S NOT JUST WHAT YOU MAKE; IT’S ALSO WHAT YOU KEEP.  With the economic impact of the new healthcare laws and the President’s final 2011 budget uncertain, practice owners and managers would be well served to focus their attention at this time on profit retention strategies. The thousands of doctors we serve are facing […]