Ask Angie

Is that medical practice you're considering buying actually as good of a deal as it looks? Maybe you've known the selling physician for years. You've worked together, referred patients to each other, or spent the last year discussing the possibility of taking over their practice. You trust them. So, do you really need to spend thousands of dollars on due diligence? My answer as a New York healthcare lawyer? Absolutely. When buying a medical practice in New York, the most impo

What if I told you the value of your medical practice isn't what you think it is? You probably expected me to say EBITDA, right? Nope. Well, not exactly. As a New York healthcare lawyer, I look at medical practice valuation a little differently. The real value of your practice is the benefit you're transferring to the buyer, which can be measured using several different valuation methods. Think about it. A buyer isn't just purchasing your patient list, equipment, or last thre

You probably already know that a businessperson can't practice medicine in New York without a medical license. But what happens when that businessperson wants to become your business partner instead? That's where things get interesting. With private equity investment, Management Services Organizations (MSOs), and increasingly creative business arrangements, the line between managing a medical practice and controlling one isn't always obvious. New York's Corporate Practice of

What if you could practice medicine without feeling like you're herding cattle through an exam room? No revolving door of 15-minute appointments, no pressure to squeeze in one more patient, and no building your entire schedule around insurance reimbursements. Sounds pretty good, right? If you're wondering what a concierge practice is, it's a medical practice model where patients typically pay a recurring membership fee in exchange for enhanced access to their physician, more

The scope of midwifery practice in New York is about a lot more than knowing where the legal line is. It's about understanding why that line exists in the first place. Long before modern obstetric units, midwives were the original experts in pregnancy and childbirth, supporting families through one of life's most important moments. Today, many pregnant people continue to choose midwifery care because they want a more holistic experience, fewer unnecessary interventions, and a

What is MSO in healthcare, and why has the model become so popular in New York? If you've been researching MSOs, you've probably found the same recycled explanation over and over. An MSO, or Management Services Organization, provides nonclinical business and administrative services to a medical practice. That's technically correct. It's also incomplete. What matters is not what an MSO is. What matters is what an MSO does. I see physicians sold on promises of growth, efficienc

You probably shouldn't hire a New York physician employment contract attorney if you're comfortable being underpaid, accepting "standard" contract terms without asking questions, and leaving roughly 80% of your compensation package unnegotiated. If you're happy assuming your employer's first offer is as good as it gets, you can probably stop reading here. Most physicians negotiate only one part of their employment agreement, usually base salary. Meanwhile, productivity bonuse

Before you download another membership agreement sample, ask yourself one question: Was it written for a New York concierge practice, or was it copied from another state? Many physicians and midwives looking to launch a concierge or direct-pay practice start with a free online template, only to discover that what works in another state can create significant legal issues in New York. That's because New York has unique laws governing healthcare practices, and the way your memb