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Practice Management Clinics

Saturday, September 17, 2011
1:00PM - 4:00PM

Location

(C) 111A-B

P907

Buy-ins and Pay-outs in OMS Practices#

Joseph W. Gallagher, JD, LLM
Attorney, Health Care Law Associates, PC
The Health Care Group, Inc.
Plymouth Meeting, PA

Synopsis

This presentation overviews what it means to make your associate your partner and the obligations that you undertake to each other. It covers: What it means to be a "partner," selling an interest in the practice; and how to structure the transaction.

Learning Objectives

At the conclusion of this presentation, participants should be able to:

  1. Identify what makes your practice valuable to you and your partners and how to realize those values in a buy-in;
  2. Descibe how to value your practice fairly and to structure fair financial relationships for buying in; and
  3. Define how buy-outs are commonly structured to make them fair to both the departing and the remaining members.

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