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Before selling your practice, bringing on a new partner or investor or entering into a new practice management relationship or joint venture, you should first determine if there are any business or regulatory risks present in your practice, as they could jeopardize your transaction or put a portion of your proceeds at risk.

The number of physician practices owned by hospitals has increased 86% over the past 4 years, which also resulted in a 50% rise in the number of physicians employed by hospitals, according to a recent study.

The Hippocratic Oath directs physicians to act in a manner that advances patient well-being. Yet CMS, by offering financial reward for clinical behavior dictated by other considerations, has created a practice environment at odds with this directive.

When it comes to investing in IT and data security, the healthcare field has been known to lag behind other business sectors. That underspending, coupled with the massive shift from paper to digital records in recent years, has put the industry in some crosshairs.

Until we create a system that rewards investment in wellness and healthcare dollars not spent, there is reason to fear that the negative effects of healthcare excesses will continue to be borne by households, businesses, and governments.

Physicians can sometimes be hesitant to begin hosting video visits because they are weary about just how effective the technology can be when treating patients. However, once physicians start using telemedicine, they are often shocked at how versatile video technology can be as an additional tool to administering care.