Section 1031 of the Internal Revenue Code allows a taxpayer to defer the income tax applicable to gain otherwise recognizable when you “exchange’’ property used in a trade or business (your practice) or hold for investment, (i.e., rental real estate ) for property of a “like kind.”
Read More »Health care environment’s impact on practice values
The biggest thing that has changed in the valuation of medical practices world has been the intangible/goodwill element of practices.
Read More »Working with residents, hospitalists and intensivists
These people are physician colleagues, but play very specific roles in the hospital setting, often exercising authority over your patients, while controlling assets and resources you may want access to.
Read More »Turf wars: physicians vs. physicians vs. hospitals
Physicians, hospitals and business entities alike continue to aggressively pursue ancillary revenue streams, and as reimbursement dollars remain limited, conflicts are unavoidable.
Read More »State of Pa.’s mental health care
The report identifies strengths and weaknesses in a three-tiered system of state hospitals, county-level services and non-profit community-based providers in a uniquely diverse state of two large urban centers and the nation’s largest rural population.
Read More »Invest in mutual funds or individual securities?
A mix of individual securities, along with mutual funds may provide a good balance between achieving performance results while managing tax consequences.
Read More »Physician employment contract issues
The employment agreement is a key document that needs to be drafted with care, as any of these provisions can cost the practice considerable money.
Read More »Collecting accounts receivable efficiently
The ability to maximize the use of staff time and optimize the efficiency and effectiveness of the billing department relies upon a complete and coordinated cycle in the collection process.
Read More »Consulting for drug and medical device companies
In this complex and sometimes counter-intuitive regulatory environment, defining the limits appropriate for these relationships can be a challenge.
Read More »Responding to physician shortage
Recent AAMC and ACP reports address various manifestations of physician shortage and offer suggestions to academic institutions and policymakers. Medical schools around Pa. have begun to respond.
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