Guest guest Posted May 7, 2012 Report Share Posted May 7, 2012 I have been recruited by a privately owned PT clinic to join their team to act as the lead therapist and clinic manager. As incentive to come aboard they are offering me the option to buy into the company and become a partner. I have never owned a clinic and this incentive is very appealing. Has anyone had experience with this? What kind of questions should be asked before moving forward? Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 7, 2012 Report Share Posted May 7, 2012 I am sure that you will get some good answers but what I can advise is to make sure that you have any contract reviewed by an attorney skilled in business law and contracts. One familiar with healthcare contracts would be a plus. You need an expert in contract law and your state laws to get the baseline of what is good and what is not according to the laws of your state. Past that be careful of contracts that delay too much compensation and ones with very severe non-compete clauses. Non-competes have varying degree of holding up in court but the financial cost of fighting a bad non-compete is devastating. M.Howell, P.T., M.P.T. IPTA Payment Specialist Meridian, Idaho thowell@... This email and any files transmitted with it may contain PRIVILEGED or CONFIDENTIAL information and may be read or used only by the intended recipient. If you are not the intended recipient of the email or any of its attachments, please be advised that you have received this email in error and that any use, dissemination, distribution, forwarding, printing or copying of this email or any attached files is strictly prohibited. If you have received this email in error, please immediately purge it and all attachments and notify the sender by reply email. From: PTManager [mailto:PTManager ] On Behalf Of smithjhnab@... Sent: Monday, May 07, 2012 4:30 PM To: PTManager Subject: Private Practice I have been recruited by a privately owned PT clinic to join their team to act as the lead therapist and clinic manager. As incentive to come aboard they are offering me the option to buy into the company and become a partner. I have never owned a clinic and this incentive is very appealing. Has anyone had experience with this? What kind of questions should be asked before moving forward? Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 8, 2012 Report Share Posted May 8, 2012 Hi Sounds like a good offer. I would try to search for medical practice consultants and get advice on structuring the buy in, contract revie and partnership details. It may be a little money upfront but will help in the long run if conflicts come up or to have peace of mind. Contact me if you would like further info. Amita Agarwal CHT Sent from my iPhone On May 7, 2012, at 5:29 PM, " smithjhnab@... " wrote: > I have been recruited by a privately owned PT clinic to join their team to act as the lead therapist and clinic manager. As incentive to come aboard they are offering me the option to buy into the company and become a partner. I have never owned a clinic and this incentive is very appealing. Has anyone had experience with this? What kind of questions should be asked before moving forward? > > > > > TODAY(Beta) • Powered by Yahoo! > Most-searched gifts for Mother's Day > Privacy Policy > > Quote Link to comment Share on other sites More sharing options...
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