Here’s a vaccine for office-based physicians thinking of entering into an office-sharing deal or a practice merger deal, with one or more other physicians: Document the deal before it actually commences. And, if the deal changes, document the change.
These simple rules are most often honored in the breach.
Needlessly so, as the effort, and cost, required to resolve a deal gone bad dwarfs the effort and expense of planning, constructing and documenting the deal at the start.
