Are you considering a Management Services Organization or MSO for a San Diego physicians practice or medical group? Are you managing or starting a San Diego medical practice? The Watkins Firm brings more than 40 years of experience with the regional medical and healthcare business communities. We are uniquely positioned to provide sound legal counsel to physicians, medical business entities and those in the healthcare field based upon our services to thousands of similar entities across four decades.
Selecting the Right Entity for Your Practice
The Watkins Firm help you to select the appropriate entity for starting a San Diego physicians practice which is usually a “professional corporation.” The professional corporation provides extra protections for individual licensed practitioners. The professional corporation provides for higher contributions to retirement vehicles such as a 401(k). In addition, important benefits such as health insurance, dependent care and even life insurance are tax deductible providing additional benefits when starting and managing a San Diego physicians practice.
Whether you new practice is a physician’s group, dental practice, ophthalmology firm, physical therapy group or other medical practice or joint venture, the Watkins Firm will help to protect your practice and comply with all federal, state and local regulations.
Advice in All Areas of Startup and Operations when Starting a San Diego Physicians Practice
Operating or starting a San Diego physicians practice requires a skilled legal partner who will keep you abreast of all legal developments in Federal, State and local employment laws, while ensuring that your practice is in compliance with all regulatory requirements such as those mandated by Stark Law, HIPAA and OSHA.
Forming An MSO for a San Diego Physicians Practice
We can provide insight into the most recent developments such as the consideration of a Management Services Organization or MSO. Forming an MSO for a San Diego physicians practice has become a common practice to maintain a competitive edge and increase profitability while delivering world class medical treatment and an exceptional patient experience.
The MSO allows your medical professionals to partner with external business operations experts with a strong track record of provide a full array of support services outside of the practice of medicine. In short, the MSO focuses on the “business” side of the practice while you and your partners focus on delivering great medical care and providing a uniquely positive patient experience.
We develop employment contracts for all medical practitioners including physicians, nurses, and medical technicians. We have deep expertise in insurance billing and medical coding issues, and guide our clients in all areas of operations, and ultimately assist with the sale of the business or an interest therein.
49+ Years of Service to Southern California Medical Practices and Healthcare Businesses
The Watkins Firm has been a proven partner for those who are starting and managing a San Diego physicians practice for more than four decades. We are able to provide advice and counsel to any medical practice or healthcare entity from the moment of business formation through growth, mergers and acquisitions, business dispute resolution and associated exit strategies.
We invite you to review our podcast Episode 30 – Management Services Organization or MSOs as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
