Health law is the federal, state, and local law, rules, regulations and other jurisprudence among providers, payers and vendors to the healthcare industry and its patient and delivery of health care services; all with an emphasis on operations, regulatory and transactional legal issues.
Before you look at anything about asset protection for physicians, ask yourself how much time and money are you willing to spend on it? The fact is that while doing the work yourself may seem like the way to go, it usually leads to mistakes and added time and cost just to get the matters resolved. Hiring a lawyer will eliminate any confusion and ensure that you are getting the best advice to move forward with your business. These are just some of the advantages of working with an experienced team:
Established in the industry: When you are dealing with a legal matter you not only want to have experienced representation, but you also want to make sure that you have someone on your side that is well established in the industry. Our firm has worked with and taken on some of the biggest businesses and insurance companies in the industry and our presence is well known throughout Florida.
Just the facts: It’s never been easier to get information online. However, that doesn’t mean you should use the web to get facts. It’s not that some of the information may be false; it’s that it may not apply to your actual situation. Working with a lawyer eliminates any confusion.
Know what to expect: Whether it’s this same matter or something else, your business will always have to keep up with new compliances, rules and regulations. Having a lawyer who monitors your business and makes sure you are up-to-date on everything you need and prepared for matters that may come up.
These days, asset protection for physicians is needed more than ever. The problem most medical professionals face is that protecting your creative property is so difficult. Information is constantly shared and you want to make sure that you are properly protecting your interests as it goes through the proper channels of quality testing and promotion. This isn’t something that can be taken lightly and several professionals in the medical industry have made the mistake of getting their information online. For example, if you search online to see how to protect a medical device you are working on, that information may not be entirely accurate and you’ve relied on an unproven source.
At Florida Healthcare Law Firm we leave nothing to speculation. If you are looking for asset protection for physicians we will make sure that your interests and intellectual property are well protected. The other advantage of working with an entire law firm is that we can assist you with any other legal matters you may face including the negotiation of care contracts, licensing a medical device, leasing a building, implementing policies and procedures, selling or buying a health care business or anything else. Feel free to message us today to learn more.
As expected for some time, Florida’s limits on non-economic damages has been ruled unconstitutional by the Florida Supreme Court. This event will likely drive medical malpractice premiums up and have healthcare providers reexamining (a) whether it makes more sense to “go bare” (without liability coverage), and also (b) their corporate structure to minimize exposure to professional liability claims. read more
Should you consider asset protection planning as part of your estate planning? The short answer to this question is yes if you have significant assets, will inherit sizable assets, or work in a profession that is routinely sued pursuant to medical malpractice complaints. In particular, healthcare professionals should go the extra mile when it comes to asset protection in light of the McCall and Kalitan cases out of the Florida Supreme Court and Fourth District Court of Appeals, respectively, invalidating the limit on non-economic damages in medical malpractice cases. So how can asset protection be accomplished?
Protecting your assets and preserving wealth can be accomplished through a variety of planning techniques. These techniques are used to protect assets from being wasted or levied against in a medical malpractice suit. Asset protection planning is part of estate planning, which should be reviewed whenever an individual has a significant change in life circumstances, becomes aware he or she will inherit a sizable investment or asset, or enters a profession that is considered to carry considerable risk.
The intent of asset protection is to protect assets from waste or exposure to potential creditors, without concealment or tax evasion. Asset protection can preserve wealth for use later in life or to be passed on to descendants, that is, children or grandchildren, or perhaps other family members.
Asset protection can be maximized through various vehicles such as: read more
Florida physicians are being approached to become owners of pharmacies to which they may refer, often compounding pharmacies, but may be unaware of the regulatory issues involved. Physicians need to be aware of the core laws that apply, which include the Florida Patient Self Referral Act (FPSRA), the Florida Anti Kickback Statute, the Patient Brokering Act and the Federal Investment Interest Safe Harbor. read more
Followers & Friends – BIG Announcement coming out today! If you haven’t seen our new NATIONAL platform, check it out here at www.nationalhealthcarelawfirm.com and stay tuned for our #healthcare #legal news at 2pm EST !!!
(Delray Beach, FL) June 21st, 2012 – The Florida Healthcare Law Firm, one of Florida’s leading healthcare law firms, today announced a major increase in their legal practice capabilities with the official launch of the National Healthcare Law Firm, a d/b/a and new portal of the firm. The expansion to a national platform providing healthcare legal services to physicians and healthcare businesses is one that significantly increases resources for clients who lack qualified local healthcare counsel. While the Florida Healthcare Law Firm has for years assisted clients outside the state of Florida*, this new development further cements the firm’s commitment to providing ethical legal counsel in the healthcare industry.
“We are very excited about it. The fact that we serve clients all over the country has been a small secret for a while but we realized there’s a huge demand and decided to just go for it,” said Jeffrey L. Cohen, Esq. Founder and President of Florida Healthcare Law Firm.
According to Cohen, “It’s just a strange area of the law. Nearly everything in healthcare business is regulated; leases, employment agreements, compensation. Things you wouldn’t think are regulated are strongly regulated. And there are large fines and criminal penalties for getting it wrong! Our clients understand that healthcare business of any kind has serious legal risks and that they need uniquely qualified help.”
Acknowledged throughout the country for its service and excellence, Florida Healthcare Law Firm is one of the nation’s leading providers of healthcare legal services. Founded by Jeffrey L. Cohen, Esq and headquartered in South Florida, FHLF provides legal services to physicians and healthcare businesses with the right pricing responsiveness and ethics. From healthcare clinic regulation, home health agency representation and physician contracting to medical practice formation/representation and federal and state compliance matters, the Florida Healthcare Law Firm is committed to bringing knowledge and experience to a diverse group of clients.