Mahoneys’ Partner Antony Harrison recently joined other industry experts to discuss what legal, accounting, and operational requirements need to be considered when starting a group private practice with colleagues.
The webinar – organised by The Professional Medical Practice (PMP) and The Royal Australasian College of Physicians (RACP) – was well received with over 340 physicians registered to hear from Antony, Paul Copeland and Scott Montefiore (William Buck), Loryn Einstein (Medical Billing Experts), Chris Mariani (Medical & General Risk Solutions), and George Sotiris (Health Industry Employment Services).
Specifically, Antony covered some of the important legal issues that need to be considered – including:
- structures for forming a group practice:
- agreements needed for forming and running a group practice (including shareholder agreements and service agreements):
- what to look for when buying into a group practice and the hidden risks (including payroll tax); and
- strategies for managing common risks (including asset protection/estate planning) and common mistakes and how they can be avoided.
A copy of the webinar – titled “Starting a Group Private Practice with Colleagues” – can be found on RACP’s past event presentation page.
A big thank you to the RACP, Tracey Handley and Suzanne Stack (RACP) and Jordan Gardiner (PMP) for arranging this important event. Their efforts made the event a great success.
Mahoneys’ dedicated commercial team specialises in commercial, consumer and corporate law; commercial property; personal and corporate structuring; and estate and succession planning, with specific expertise on how each of those areas of law affects the medical, dental and allied health industries.
Feel free to contact Antony (who heads up Mahoneys’ medical practice group) if you have any questions about starting, owning, operating, and selling a private practice.