Licensed professionals run businesses with an extra layer of rules: who may own the practice, how it must be organized, and what happens to patients or clients when an owner leaves. The firm represents physicians and other healthcare providers, and other licensed professionals and professional associations, at formation, in agreements among owners, and through transitions.
Forming a practice
Florida allows licensed professionals to organize as a professional association (P.A.) or a professional limited liability company (PLLC), with ownership limited to licensed members of the profession. The firm forms the entity, prepares the ownership and governance documents, and coordinates with the owner’s accountant on tax elections.
Agreements among practice owners
Compensation formulas, call and workload sharing, admission of new owners, and buy-out terms for retirement, disability, or departure. Practice agreements also deal with non-competes and patient or client notification when an owner leaves, within the limits Florida law and the profession’s rules allow.
Buying, selling, or joining a practice
Letters of intent, purchase agreements, and the transition of leases, staff, equipment, and records. For a professional joining an existing practice, the firm reviews the employment or partnership offer and explains what the terms mean over time.
Contact the office to discuss a practice formation, agreement, or transition.