Physicians often have more financial flexibility than the general public. They can often find high paying jobs and set themselves up with extra funds to pursue different investment options. In some cases, these strategies can lead to a steady stream of additional...
Year: 2023
Can burnout trigger a medical or nursing board investigation?
The idea of professional burnout is not a new one. We have studied the statistics and likely causes for decades, and one industry consistently has the highest burnout numbers: healthcare. A study digging into the burnout rates for physicians, nurses, and other...
3 things to know before selling a healthcare business
Anyone working in the healthcare industry knows this market is like no other. Regulations abound, demands are high, and the profit potential is seemingly endless. Unfortunately, it also comes with the highest of highs and the lowest of lows. Not surprisingly, this...
Texas Attorney General ramps up investigations for unlawful care of children
Texas Attorney General Ken Paxton released an opinion in February stating certain “sex-change” procedures for children qualified as child abuse. Unfortunately, these procedures expand beyond surgical procedures and can include prescriptions of certain medications....
The anxiety that comes with losing a nursing license
Despite their countless contributions to the medical industry, nurses are often overlooked, with medical doctors receiving a vast majority of the accolades. Stress is par for the course, with significant numbers of patients to care for and the long hours accompanying...
What happens when my medical license is under investigation?
Sometimes, a patient, patient’s family members, a competitor or others file a complaint against a physician. The complaint could make any number of allegations, from claims the physician was under the influence while providing care to claims they failed to act within...
What is due diligence when buying a healthcare business?
Buying into a healthcare business means entering a profitable and highly regulated market. When done wisely, this can mean you gain more than just financially, it can also mean you help increase the quality of care provided to patients in the community. When done...
Is the tide turning on private equity deals in healthcare?
Private equity firms and private practices have been combining forces for years. The equity firm brings in a large chunk of capital while the private practice brings a thriving business within a highly regulated marketplace. The equity firm can provide guidance on...
I was arrested for drunk driving. Can I lose my nursing license?
Whether out for a quick happy hour after a stressful workday or leaving a family picnic, few things can result in the panic that comes with seeing flashing lights in your review mirror and a traffic stop after having a few alcoholic beverages. This becomes especially...
Texas officials crackdown on Medicaid fraud and healthcare marketing
The medical profession relies on integrity. We trust physicians, nurses, and other healthcare providers to focus on helping their patients get well. Since this is also their profession, physicians and medical professionals profit from their service — but how do they...