Updating your Shareholder Partnership Agreements
OVERVIEW
How long has it been that your partnership or
group practice reviewed your agreement to ensure it reflects current trends andissues in the medical environment? The agreement the doctors signed many years
ago may be vague, contain outdated values for buy-in/buy-outs or none at all,
income distribution formulas may be sowing seeds of discontent or the group is
suddenly faced with an untimely departure of a revenue producing doctor and also
a steep buy-out. This workshop will cover the elements of
Partnership/Shareholder/Buy-Sell issues and current trends, particularly the
differences between junior/senior members.
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Shareholder Partnership Agreements |
WHY
SHOULD YOU ATTEND
Too often, physicians are faced with an
unexpected event such as death or disability and realize their
shareholder/partner agreements are woefully out of date or did not include
concrete decisions which then result in litigation.
AREAS
COVERED
- Why Yearly Strategic Planning
Meetings are essential
- Income Distribution Formula – Does
this currently reflect productivity/fairness?
- Expense Share Agreement Formulas –
Why some can game the system for low/high producers
- Senior Perks – Do the junior
partners agree?
- Dropping Call – What age, what is
the worth?
- Dropping /Surgery/OB/ or Going to
Part Time – Should the doctor remain a partner?
- Buy/Sell Formulas – Do they
reflect current trends in Goodwill, A/R and Tangible Assets?
- Death & Disability – What are
the formulas for responsibility for overhead and buy out?
- Ethics/Conflicts of
Interest/Principles of Practice/Compliance – Should you put these in
agreements?
- Vesting for external purchases by
private equity firms/ hospitals or universities
WHO
WILL BENEFIT
Physicians
Managers
Nurse practitioner
Physician Assistants
LEARNING
OBJECTIVES
At the conclusion of this course, physicians
and administrators will learn the elements of what needs to be included in
Partnership/Shareholder/Buy-Sell agreements in this decade; what issues and
current trends, particularly the differences between junior/senior members are,
to ensure the current agreement reflects what the partnership/shareholders
intend.
For more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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