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Medical Practice and the Law
Legal Agreements and Forms of Organization

Physicians will gain a foundation in the key legal issues in medicine, including the legal entities available for establishing a medical practice, key laws and regulations that affect physicians, and other essential legal issues.

This course covers:

  • Legal forms of organization for a medical practice and the pros and cons of each
  • Key laws and regulations that affect a medical practice, including the Stark Law governing physician self-referral, the Anti-Kickback Statute, the False Claims Act, HIPAA, and the physician open payments program (the Sunshine Act)
  • Business agreements, including debt agreements and other forms of contracts

Reviewed by: Robert A. Bernstein, Esq., LLC, Morristown, New Jersey

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6 CHAPTERS
Legal Forms of Organization for a Medical Practice
How to evaluate the options for legal forms of organization, and how each one's tax laws affect a medical practice.
START
Key Regulations Affecting a Physician's Practice
An overview of laws that prevent fraud and abuse. The regulations that protect patient rights and privacy, such as HIPAA and the Health Information Technology for Economic and Clinical Health (HITECH) Act.
START
Clinical Laboratory Improvement Amendments and Other Safety and Accessibility Regulations
The regulations for medical practices with laboratory testing. Clinical Laboratory Improvement Amendments (CLIA) for conducting waived and nonwaived testing.
START
Debt Agreements
The terms encountered when borrowing money. Familiarity with guarantees, collateral, prepayment penalties, and balloon payments will ease the process of taking out a loan.
START
Leases and Other Legal Agreements to Share Space
How to determine the right office space and make sure the lease terms are favorable and don't lead to problems.
START
Contracts and Legal Agreements
Key issues to be aware of in your business contracts.
START
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This content will become available after you have completed the prior chapters.
AUTHORS
Judith N. Aburmishan, MBA, CPA, CHBC
Healthcare Practice Management Consultant, Chicago, Illinois

Reviewed by: Robert A. Bernstein, Esq., LLC, Morristown, New Jersey

ABOUT
PHYSICIAN BUSINESS ACADEMY

Medscape Physician Business Academy is designed to help all physicians, employed and self-employed as well as new and more established practicing physicians, become successful in their medical practice and career by providing the essential business information that most medical schools and residency programs don't teach.

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COURSE BENEFITS

BY COMPLETING 8 COURSES YOU WILL RECEIVE A CERTIFICATE OF COMPLETION. AFTER COMPLETING EACH COURSE, YOU’LL RECEIVE A LETTER OF COMPLETION.

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PHYSICIAN BUSINESS ACADEMY CERTIFICATE
Medscape Physicians Business Academy course content is provided for educational and information purposes only. If you have particular questions or concerns relating to your practice you should consult the appropriate legal, financial or other expert.
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