Posts by Alan Gassman
Failure to Make the Medical Malpractice and Doctor Judgment-Proof
There are many ways that a medical practice and a doctor can work to make themselves a less attractive target for a plaintiff’s lawyer. Often the practice incurs debt in its name, and the lender or lenders have liens on practice and personal assets that must be paid before a plaintiff is able to levy…
Read MoreFailure to Theft-Proof the Practice’s Monies and Accounts Receivable
The author regularly receives at least one phone call per year from a very upset physician who has had tens of thousands of practice dollars stolen by an employee. This employee has often been with the practice many years, and most of the time is the most trusted person in the practice other than the…
Read MoreUsing Greedy Investment Advisors
The number of different investments and life insurance and annuity arrangements that can be sold to doctors and their practices in the financial world. The quality of each particular investment vehicle can vary dramatically in terms of actual financial safety, conservative versus aggressive orientation, likelihood of being acceptable to the IRS in the event of…
Read MoreFailure to Have Anyone in the Practice Pay Attention to Contracts with Third Parties
Quite often medical practices get into disputes or find themselves stuck in agreements as a result of a trusting nature or lack of attention to details associated with contracts they enter into with third parties. Say, for example, somebody delivers a copier to the medical practice that the office manager has requested on a trial…
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