Selling a healthcare business isn’t like selling other companies. There are so many rules and regulations that have to be followed, policies, licenses and other requirements that you have to be aware of. For example, how do you legally and properly transfer client data? You’ve had hundreds or thousands of patients who have used your services over the years and transferring their personal information needs to be done properly. That’s why working with an attorney is the best decision you can make because they will eliminate the speculation and show you exactly what needs to be done, what regulations have to be followed to ensure that your transaction is done correctly and your interests are protected.
At the Florida Health Care Law Firm, we believe in making sure that our clients are protected now and in the future. When you are selling a healthcare business, you want to know that any transfer of data, any licenses that are transferred or anything else is done properly so that you can sell your company and not have to worry about anything years down the road. We can ensure that everything is done right and your personal and financial interests are well protected.
By selling a healthcare business, you are providing yourself with an opportunity to venture out and try new things. However, this transaction is unlike any other because of the sensitive information that is held within the company that needs to be transferred. A patient will provide you with valuable information like their full name, phone number, email address, physical address, social security number, family history, medical history and so much more. You cannot mishandle that data in a transaction, it must be handled delicately as well as all current licenses and insurances. The staff also needs to be taken under consideration as far as training and being compliant with all regulations.
It’s a difficult matter and one you want to have overseen by an attorney who has years of experience handling such matters. As the business is transferred over from you to the buyer, you want to make sure that you are released from all responsibilities and that you have done everything correctly. Furthermore, if you are selling to fund a new opportunity, you want to make sure that you are doing everything correctly as far as taxes and setting up a new venture.
The Florida Healthcare Law Firm will provide you expert guidance and counseling in your quest of selling a healthcare business. We invite you to continue browsing our site to learn more about other services we have available, how they can benefit you in both the short and long-term and to learn more about what we can do. Remember, working with an experienced attorney can ensure that this transaction goes smoothly and that your interests are taken care of. Contact us today to schedule a meeting with one of our attorneys or to learn more about our team and why we are the best in Florida to work with.