In this episode, Brad and Michael share stories of two hair transplant practices facing regulatory challenges while expanding across state lines. Tune in to learn how opening new locations varies between states with and without corporate practice of medicine (CPOM) laws. Find out why understanding state-specific ownership and delegation rules is crucial to avoid compliance issues. Plus, discover how formal partnership agreements can keep your expansion plans on track.   Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our websit ..read more

In this episode, hosts Brad and Michael kickoff the Season 17 of the Legal 123s with ByrdAdatto. This season’s theme is Scaling a Business, and each episode will focus on the challenges and strategies of growing your business. Tune in as we share the story of an EMR tech company and the financial hurdles they faced when expanding their business. We guide you through various funding options for business growth, highlighting the risks of changing deal terms, and the importance of having proper documentation in place. Discover how consistency and commitment can lead to successfully raising capita ..read more

In this episode, hosts Michael Byrd and Brad Adatto reflect on Season 16 of the Legal 123 with ByrdAdatto podcast. We recap the “operating” season and share a sneak peek of what's to come in Season 17, which will kick off on July 10th. Make sure not to miss it!   Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.   Follow us on social media to get the latest business and health care legal updates, behind-the-scenes ..read more

Join us as we celebrate our 200th episode with guest Tim Sawyer, a trailblazing entrepreneur and dynamic business advisor in medical aesthetics and sexual wellness. Tim shares his journey as a business owner and offers insights into running a successful business utilizing the management services organization (MSO) model. Tune in for essential MSO tips and strategies to set your practice up for success.   Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and ..read more

In this episode, hosts Brad and Michael share a cautionary tale for IV hydration clinics, recounting the story of a patient who tragically passed away at a clinic. Tune in for the essential compliance measures every IV hydration practice must follow. Discover how the good faith exam can make or break your practice, the requirements for supervising physicians, and the compounding issues seen in the medical community.   Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our website http://www.byrdadatto.com/ to learn more about ByrdA ..read more

In this episode, hosts Brad and Michael explore the pitfalls business owners can face when working with new vendors. Hear how a business owner, dissatisfied with a marketing agency’s work, had her website held hostage. Tune in to uncover the warning signs to watch for when assessing vendor contracts, and gain insights into the legal ramifications of your agreements. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Fol ..read more

In this episode, hosts Brad and Michael discuss the trademarking factors you should be aware of during the operating season. Tune in as they share the story of med spa owner faced with a cease-and-desist letter after a competitor spots similarities in their logos. Learn how proactively trademarking your brand can help minimize the risk of litigation and financial losses.   Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsle ..read more

In this episode, hosts Brad and Michael outline how ownership works from an operational perspective. Tune in as we unravel the story of practice owner who begins to question the ownership and payment structure when he does not see the fruits of his labor. Discover how one doctor’s failure to maintain his administrative duties exposes the harsh realities of unmet expectations in a partnership. Learn why it is critical to understand the financial obligations of a partnership, and the preventative measures you should take to avoid litigation and partnership breakdowns.   Watch full episodes ..read more

In this episode, hosts Brad and Michael are joined by series regular and ByrdAdatto partner, Jay Reyero. Tune in as we share how an unsuspecting physician learned of his unintentional involvement in an insurance fraud scheme. We discuss the importance of due diligence when vetting new partnerships, along with strategies for protecting your practice from unforeseen liabilities. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newslet ..read more

In this episode, hosts Brad and Michael uncover the complexities of the management services organization (MSO) model. Tune in as they share a cautionary tale illustrating the consequences of improper implementation of the MSO model. Explore the critical components of the MSO structure, including ownership, compliance, and flow of funds. Discover the pivotal role understanding the MSO model plays in a business’s success and gain valuable strategies for navigating potential risks. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our web ..read more