This is a Practice Management Day Pass Session.

Handouts

P904 Handout.pdf (155.3 kB)

In business, it is critical that contracts with your partners contain provisions that detail not only financial and management relationships, but also future transitions, and the protocol for managing unexpected or unpleasant events that may happen in the course of a practice.

1. Determine whether the current contracts among owners and associate doctors in the practice are comprehensive enough to avoid litigation disputes or unpleasant confrontations among the parties stemming from incomplete or ambiguous contracts;
2. See how business partnerships principles for governance, financial matters and practice transitions are applied to typical oral surgery practice agreements to prevent disruption to the continuing operations of the practice should negative or transitional events arise; and
3. Anticipate developments in the practice or among the doctors that can lead to contentious relationships and disrupt an otherwise smooth business partnership, and ensure that the governing written agreements of the practice are sufficient to resolve such issues with a minimum of hassle and expense.