Advisories

Corporate & Business

Medical Franchising: A Practice Model for the Millennium

Medical FranchisingPhysician satisfaction is at a low-point, with one-third of family physicians and over half of certain specialists saying they would not choose to become doctors again if given a second chance.1 Shrinking reimbursements and a fifteen-minute patient encounter spent typing into the electronic medical record have turned the old-fashioned physician-patient relationship into a distant memory. Further, those practitioners who have sought relief from large, hospital based practices or accountable care organizations have often found themselves just as pressured by their new RVU compensation models, by quality metrics that often do not reflect the latest research, and by the ethical dilemmas present in systems where care-management eligibility is based upon the patient's payment model... READ MORE

Shareholder Demands for Confidential Company Information

confidentialWhat Are The Company's Rights And Obligations? Public companies are required to provide, on a regular basis, extensive information about their businesses and financial condition. All of that information is readily available to shareholders and others. Conversely, similar information regarding private companies is generally not available, even to its shareholders. For that reason, the laws of virtually every state give private companyshareholders limited rights to receive non-public information regarding a private company in which they own an equity interest... READ MORE

Prioritizing Cybersecurity

CybersecurityLawyers today face enormous pressure in real time to adopt new technologies and those who do not may find it difficult to satisfy clients who expect immediate and continuous access to their attorney. The rules of professional conduct impose a duty on lawyers to provide competent representation, and the term "competence" would include at least a working familiarity with the technology that makes up much of the fabric of the clients' day-to-day lives from a personal and professional perspective... READ MORE

The Pros & Cons of Dual Class Stock Structures

Dual StockA so-called "dual class stock" structure is a tried and true method of ensuring that a group of shareholders (usually insiders, such as all or some of the founders, senior management or early investors in the company) maintain voting power that is disproportionate to their economic interest in the company... READ MORE

New Massachusetts Law Mandates Equal Pay For Comparable Work

Equal PayMassachusetts Governor Charlie Baker recently signed into law a new Massachusetts statute designed to ensure that male and female employees are paid equally for comparable work. However, the new statute does not become effective until July 1, 2018. The so-called "Act to Establish Pay Equality" (the "Act") has both a laudable purpose and the potential to create a compliance nightmare for employers... READ MORE

Death, Disability and the Closely-Held Business

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Our financial life has many stages involving shortand long-term goals. An attorney, like any other business owner, devotes considerable energy and resources to creating and growing  their business. This process does not end until retirement...  READ MORE

Planning for the Next Step in the Family Business

BatonDuring the course of my career, I have represented family businesses of all shapes and sizes. It isan accepted fact that 95% of the businesses in the US are family owned and in many cases survive into two or more generations... READ MORE

Common Mistakes by Private Companies

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Legal issues arise for every business. Typically, privately owned companies do not have in-house counsel. To avoid expensive legal problems before they occur, wise business owners conduct thorough periodic reviews of policies and practices to identity and address areas that need improvement... READ MORE

Archived Corporate & Business Advisories


Nonprofit Organizations

Analysis of a Tax-Exempt Nonprofit Organization

calculatorTax-exempt organizations exist for purposes recognized by federal law to fill a need not otherwiseprovided by government in the areas of charitable, educational, scientific and literary. The restrictions on revenue and profit for tax-exempt organizations are designed to maintain an even playing field with for-profit organizations while providing an opportunity to sustain the existence of nonprofits... READ MORE

Best Practices Checklist for Effective Nonprofit Management

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The board of trustees of a nonprofit organization has a fiduciary responsibility relating to policies,procedures and governance matters. The organization should conduct an annual review of its mission statement, structure, compliance policies, and financial viability in order to confirm that the business operation is being conducted in a manner consistent with the mission statement of the organization, as well as State and Federal law... READ MORE

Fiduciary Duties for the Board Member of a Nonprofit Organization office chairs

In Rhode Island as in most jurisdictions, board members for nonprofit organizations have broad oversight authority and they have the ability to directly impact policies for governance, financial matters and the strategic planning of their organization... READ MORE

Archived Nonprofit Organizations Advisories


Health Care Law

Challenges for Nursing Homes

Nursing HomeNursing home owners are significantly challenged to remain in compliance with federal and state regulations regarding resident care, admission and reimbursement. They must make certain they are in compliance with federal and state regulations... READ MORE

Cybersecurity and Health Care

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According to the U.S. Department of Health & Human Services Office of Civil Rights, during the firstsix months of 2015 more than 94 million individuals were subject to security breaches at health care organizations... READ MORE

 

Chronic Care Management by Federally Qualified Health Centers

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Beginning on January 1, 2016, the Centers for Medicare and Medicaid Services will reimburse Federally Qualified Health Centers for non-face-toface Chronic Care Management ("CCM") services... READ MORE

 

 

Advanced Care Planning

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Beginning on January 1, 2016, the Centers for Medicare and Medicaid Services will reimburse physicians and non-physician practitioners for certain Advanced Care Planning ("ACP") services... READ MORE

 

Archived Healthcare Advisories