Attorney and Consultant The Health Care Group Plymouth Meeting, Pennsylvania
This session presents the purpose, methods and implementation of extending co-ownership in a practice to an associate surgeon. The session will cover what it means to be a partner – including the valuation, compensation and legal factors involved in a development of the buy-in and pay-out structure.
Learning Objectives:
At the conclusion of this presentation, participants should be able to:
Determine which attributes and factors form the basis of offering "partnership" to an associate surgeon.
Describe the elements of practice value in a buy-in as well as key compensation, governance and operational rights and duties that form the core of a "partnership."
Explain what buy-in rights and duties must be observed when the owner departs the practice, including valuation components and the critical post-departure restrictions on competitive practice.