THE WEEKLY DOSE

Aug. 20, 2017

Vol. 6, No. 33

 

In this Issue…


Legislative Update- Special Session Ends
Seminar on Buying or Selling a Medical Practice
Upcoming BCMS Events
School Supply Drive
BCMS Lease Space Available
BCMS Auto Program

Support BCMS Circle of Friends Sponsors

      SWBC Mortgage Services
Strasburger Attorneys

 

 Legislative Update – Special Session Ends

Special Session Adjourns

 

The first called Special Session of the 85th Legislature adjourned sine die one day early on Aug. 15. 

 

On Aug. 11, the Texas Medical Board (TMB) Sunset bills were passed by the Texas House and were signed by Governor Abbott the same day.  Senate Bill 20 extends the life of the TMB and Senate Bill 60 provides funding for the agency.  TMA President, Carlos J. Cardenas, MD thanked the Governor and lawmakers for their actions to avert what would’ve been a health care catastrophe. 

 

At the time of this writing, other healthcare-related legislation signed by the Governor included:  SB 11, which will restrict the application of do-not-resuscitate orders to competent patients when it is contrary to their wishes and death is not imminent; SB 17, which will study trends and conditions associated with pregnanacy-related deaths and also extends the life of the Maternal Mortality and Morbidity Task Force by four years; and HB 215 which pertains to additional reporting requirements for abortions.

 

Stay tuned to this column for more details of the Special Session.  Additional updates will be provided as they become available.

For local discussion on these and other legislative advocacy topics, consider joining the BCMS Legislative and Socioeconomics Committee by contacting Mary Nava, BCMS chief government affairs officer and lobbyist at mary.nava@bcms.org.

 

Seminar on Buying or Selling a Medical Practice

Buying or Selling a Medical Practice

A Seminar Presented by    Mike Kreager, Esq.

of Kreager Mitchell, PLLC

Saturday, September 9, 2017
Click Here to RSVP

Bexar County Medical Society Building
4334 N. Loop 1604 West, San Antonio
9 a.m. – 11:30 a.m.

No purchase or sale of a medical practice is exactly like another.  Your purchase or sale of your practice will be unique to you.  But the process itself, though daunting, follows a predictable path.

It all starts with valuation – how much is the practice worth? – and proceeds through structuring the purchase or sale and negotiations to document the transaction and sign the contract.  In this session, attorney Mike Kreager will use a model case to examine each stage.

Michael Kreager has practiced business and tax law in Texas for 38 years.  Mike founded Kreager Mitchell, PLLC over 20 years ago to address the unique business, corporate, tax and regulatory legal needs of physician and physician practices.  Mike authored Employment Contracts for Physicians: The Comprehensive Guide, Second Edition, and “What’s My Practice Worth?  A Comprehensive Guide to Practice Valuations and Sales” both of which are published and sold by the TMA.  His extensive article on physician covenants not to compete, “The Physician’s Right in §15.50(B) to Buy Out a Covenant Not to Compete” is read by physicians, attorneys and judges as the definitive work on the subject.  It is available online and was published in the Baylor Law Review, volume 61, page 357 (2009).

Admission is FREE to BCMS Members

Upcoming BCMS Events

School Supply Drive

Call 210-949-1212 to donate school supplies.

BCMS Lease Space Available

One professional office suite available on the first floor with 1,749 square feet of rentable space.

The property has an above standard parking ratio of 5.5 spaces per 1,000 SF and Class A common area finishes.

Bexar County Medical Society occupies the entire second floor and member physicians are regular visitors to the building for society meetings.

For more information call
Jon Wiegand at 210-585-4911

BCMS Auto Program

Circle of Friends Platinum Sponsor

Circle of Friends Gold Sponsor

 

Thank you to our BCMS Circle of Friends sponsors!

This information is sent on behalf of our sponsors but it is not an endorsement.

Donations from Circle of Friends sponsors help keep down the cost of dues and allow

BCMS to continue to provide quality service to its members.

 

The society continues its pledge to you and only will involve itself in

services and programs that benefit you, the member, and your patients.

 

 

Bexar County Medical Society

4334 N Loop 1604 W., Suite 200

San Antonio, TX 78249

210-301-4391

www.bcms.org

 

About The Weekly Dose

The Weekly Dose is a service of the Bexar County Medical Society.

Some of the suggestions conveyed may not be applicable to your practice today, 

but the goal is to offer information over time that returns value

in excess of the cost of your membership.

If you would like to recommend future topics to share with your colleagues,

please submit them to the BCMS Executive Director at steve.fitzer@bcms.org.

All rights reserved. Unauthorized use prohibited.

Copyright © 2017 Bexar County Medical Society, San Antonio, Texas. 

All rights reserved.