Medical group leaders: the FTC may have buried its noncompete ban, but it’s sharpening its knives. Your contracts are now targets. Don’t wait to be caught off guard—rethink your agreements now. Tailor them to your market, protect your referral streams, and stay out of the FTC’s crosshairs. Strategic action isn’t optional—it’s survival.
FTC ditches a full non-compete ban, but healthcare employers still face targeted crackdowns. Physician groups, take note.
Your business exists and interfaces on multiple planes and, therefore, the far smarter approach is to explore and adopt protection on each.
By the early years of the 20th Century, hospitals became large healthcare factories due to the size and expense of what was then cutting edge technology…
The volleys in this battle move slowly–think pendulum as opposed to ping-pong. And right now, despite the appeal, the pendulum is still on the side of “state law controls”.
Fueled by the failure of large medical groups, the disappointments of hospital employment, and the ratcheting down of care by private equity…
There’s a good chance that you can accomplish some or all of what a covenant not to compete addresses, even if the “law” says you can’t.
Despite the fact that some states have strong prohibitions against the enforcement of non-competes, there are still ways to create agreements functioning as proxies for non-competes.
What’s a medical group worth? Ah, one of the eternal questions. Okay, maybe not, but it can be an important one.
Your medical group’s most important assets, its physicians and other providers, walk out the door each night.