Asset protection attorney Ike Devji shared tips from nearly two decades of experience providing asset protection planing for physicians on his recent guest appearance on the “Anesthesia Success” video podcast. Hosted by physician financial expert Justin Harvey, who is married to a physician, the podcast covers a variety of financial issues for pain management physicians […]
Doctor’s Defamation Liability on Social Media
Doctors use of social media to promote themselves, their practices, side hustles and a variety of passions and social causes is at an all time high. Being online has its own laws and risks, including various defamation related liabilities. Here are some legal basics all Physicians (a.k.a. #SoMeDocs) need to know before they post. Where […]
Current Threats To Wealth – FEB 2018
Asset Protection for doctors includes financial due diligence and risk management in many forms that go far beyond just medical malpractice. Be aware of these risks as tax season starts in your role as both a physician and a business owner. Tax Related Liability The I.R.S. issues annual guidance on the 12 most prevalent tax […]
Employment Manuals Commonly Overlooked in Asset Protection Plans
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. […]
Urgent Care Centers: Asset Protection for Doctors, Owners
Asset Protection attorney Ike Devji was heavily featured in a recent article in The Ambulatory M&A Advisor titled “Asset Protection for Your Urgent Care Business” by Brittany Belli. Devji works with physicians nationwide and is a frequent CME presenter for medical groups on issues including asset protection, wealth preservation and the specific risk management techniques, that […]
Medical Practice Asset Protection: EPLI Insurance
While this article was originally written for Physicians Practice, it applies to all employers and deals with a very significant asset protection risk, employee lawsuits. Protecting your wealth and your business requires several layers, make sure you understand all of them. – Ike Devji In another discussion on medical practice employee risk I explained covered another […]
D.E.A. Raid on NFL and Doctors: Opiod Prescription Risks
A recent DEA operation included the surprise search and interview of players and staff including medical staff of several NFL football teams including the Washington Redskins and the Tampa Bay Buccaneers, according to news reports. This investigative action comes on the heels of a lawsuit filed on behalf of former players alleging that NFL doctors […]
Celebrity Medical Patients Require Extra Supervision, Create Higher Risks
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
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
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 […]
