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SettlePou’s Health Care group assists in designing, building, and implementing business models for physician and dentist practices and related entities with the practice’s accountants and other advisors. The group’s experience ranges from solo physician and dentist practices to large practices, surgery centers, imaging centers, skin care centers, management companies, and other ancillary businesses of provider practices. The group designs the business model with the accountant to (1) minimize tax liabilities, (2) maximize asset protection, (3) maintain compliance with health care laws, and (4) minimize impact on the day to day operations of the practice. In conjunction with this planning, SettlePou assists in addressing multiple owner issues, including planning for death, disability, retirement, and forced withdrawal through shareholders agreements and buy sell agreements. The Health Care group also advises physicians and dentists on developing a strategy and model for leaving the practice (retirement or otherwise). With proper planning with the practice’s accountant, tax efficient mechanisms can be designed to maximize each physician’s return on his investment into the practice upon leaving the practice. The Health Care` group also works with insurance brokers where appropriate to protect the practice against death or disability of a physician in the practice.
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