Medical Practices & Physician Groups

Physician buy-ins, compensation, practice acquisitions, and planning for the next stage of the group.

Medical Practices & Physician Groups

Physician buy-ins, compensation, practice acquisitions, and planning for the next stage of the group.

Medical Practices & Physician Groups

Physician buy-ins, compensation, practice acquisitions, and planning for the next stage of the group.

The buy-in is also a plan for the future.

You have found the right physician to join the group. The conversation turns to equity, productivity and a path to leadership. The documents also need to answer harder questions: who decides on expansion, how profits are allocated and what happens if the partnership ends.

We work through those questions together. Your employment agreement, shareholder terms and buy-sell provisions should describe one coherent relationship, with a clear understanding of what each person is building toward.

The buy-in is also a plan for the future.

You have found the right physician to join the group. The conversation turns to equity, productivity and a path to leadership. The documents also need to answer harder questions: who decides on expansion, how profits are allocated and what happens if the partnership ends.

We work through those questions together. Your employment agreement, shareholder terms and buy-sell provisions should describe one coherent relationship, with a clear understanding of what each person is building toward.

The buy-in is also a plan for the future.

You have found the right physician to join the group. The conversation turns to equity, productivity and a path to leadership. The documents also need to answer harder questions: who decides on expansion, how profits are allocated and what happens if the partnership ends.

We work through those questions together. Your employment agreement, shareholder terms and buy-sell provisions should describe one coherent relationship, with a clear understanding of what each person is building toward.

Counsel for the practice you operate.

Counsel for the practice you operate.

Counsel for the practice you operate.

Structure and professional control

Professional-entity formation, ownership and management arrangements. We assess corporate-practice-of-medicine questions using the actual allocation of decisions, not the entity name alone. Medical Board of California practice guidance.

Practice identity

Medical Board Fictitious Name Permit applications and applicable shareholder, partnership or address-change notices. Entity formation and the practice-name permission are separate steps. Medical Board FNP process.

Business agreements

Leases, billing services, technology, staff arrangements and payer contracts. We identify what the practice is promising and which terms need attention as it grows.

Physician economics

Compensation formulas, productivity measures, distributions, buy-ins and departures. We make the documents clear about how money is calculated and how disagreements are resolved.

Ancillary services and referrals

Ownership, compensation and referral arrangements can raise physician self-referral questions. We assess applicability and available exceptions under the relevant framework. CMS physician self-referral resources.

Operating across locations

Governance, physician services, shared overhead and the permissions relevant to added services. A testing service, imaging suite or surgery setting brings its own analysis.

See Laboratories & Diagnostics and Surgery Centers for those operations.

Patient-facing terms

Membership agreements, included services, renewal, cancellation and what happens when the treating physician changes.

Payment model

We examine how the proposed fee relates to covered services, payer contracts and the practice's participation choices. The membership label alone does not settle those questions.

Care and information

Telehealth arrangements, privacy terms, record custody and communications. For physician telehealth in California, licensing and consent questions follow the Medical Board's framework. Telehealth guidance.

A departure deserves the same attention as a new hire.

An owner leaving the group can affect voting, collections, premises and patient communications at once. We examine those connections while working through the buyout and continuing responsibilities.

A departure deserves the same attention as a new hire.

An owner leaving the group can affect voting, collections, premises and patient communications at once. We examine those connections while working through the buyout and continuing responsibilities.

A departure deserves the same attention as a new hire.

An owner leaving the group can affect voting, collections, premises and patient communications at once. We examine those connections while working through the buyout and continuing responsibilities.

Valuation method, outstanding receivables, deferred compensation, guarantees and payment timing.

Valuation method, outstanding receivables, deferred compensation, guarantees and payment timing.

Valuation method, outstanding receivables, deferred compensation, guarantees and payment timing.

Responsibility for patient notices, access to records and the transition of the departing physician's work. Medical Board practice-transition guidance.

Responsibility for patient notices, access to records and the transition of the departing physician's work. Medical Board practice-transition guidance.

Responsibility for patient notices, access to records and the transition of the departing physician's work. Medical Board practice-transition guidance.

Lessons from the departure become revisions to the documents the remaining group will use. Resolving the immediate issue is also a chance to clarify the relationship going forward.

Lessons from the departure become revisions to the documents the remaining group will use. Resolving the immediate issue is also a chance to clarify the relationship going forward.

Lessons from the departure become revisions to the documents the remaining group will use. Resolving the immediate issue is also a chance to clarify the relationship going forward.

Meet the people doing the work.

Meet the people doing the work.

Meet the people doing the work.

FAQ

FAQ

FAQ

Yes. We can start with a defined compensation or agreement review. We also identify connected terms, such as distributions or buyout provisions, that could affect the intended result.

Yes. Bring the governing agreements and the decisions in dispute. We can assess rights, practical options and steps toward a negotiated resolution, as well as litigation where needed.

Your introduction to Cove

Start with a conversation about what you need.

If you decide to move forward, we’ll agree on the work and its fixed fee before we begin.

Have a particular matter in mind? Tell us about it.

Share what you’re working through or working toward.

Send relevant documents ahead of time so we can come prepared.

Your introduction to Cove

Start with a conversation about what you need.

If you decide to move forward, we’ll agree on the work and its fixed fee before we begin.

Have a particular matter in mind? Tell us about it.

Share what you’re working through or working toward.

Send relevant documents ahead of time so we can come prepared.

Your introduction to Cove

Start with a conversation about what you need.

If you decide to move forward, we’ll agree on the work and its fixed fee before we begin.

Have a particular matter in mind? Tell us about it.

Share what you’re working through or working toward.

Send relevant documents ahead of time so we can come prepared.