How To Build a Legal Foundation For Your Healthcare Practice
Many healthcare providers are excited to open their first independent practice but have many questions about how to build a legal foundation for their practice.
Corrine Boudreau of Online Legal Essentials can help you!
On the most recent episode of Practice Management Nuggets podcast, I interviewed Corinne Boudreau of Online Legal Essentials. Corinne has developed guided legal templates for Canadians doing business online.
Corinne has a knack for making things practical and easy to implement. Being a lawyer since 2002 has given her perspective and experience to boil things down to the essentials.
Corinne’s advice is that the essential business documents you need for a new healthcare practice are based on relationships. Relationships are triggers for business documents to help improve communication and set expectations – get it in writing!
For example:
Relationships with patients or clients
- Terms of service and payments documents
Relationships with employees, contractors, associates
- Hiring documents
Relationships with other healthcare providers in a group practice
- Fee splitting and payment options
- Cost sharing agreements
Relationships with landlords
- Commercial lease agreements
Relationships with the public
- Privacy policies including on your website
- Copyright notices when you create and distribute your unique content
Your Big (or Small) Online Presence
Every practice needs an online presence of some kind. Maybe your brick-and-mortar local clinic only needs a simple business card presence to attract new patients and let them know how to find you. Or maybe you will offer virtual visits, online memberships or courses, or online sales of physical products. It is important to project yourself as a business owner by having a professional presence on your website – this includes having a privacy policy, copyright notice, disclaimers, and terms of use statement.
Should You Incorporate?
In the podcast, Corrine discusses corporate structure options for healthcare practices – including the difference between an incorporated business, partnership, or corporation business entities vs professional corporation when you are a member of regulated health profession.
Listen To The Podcast
What Should Healthcare Practices Know About The Legal Foundation For Their Business? | Episode #101.
Expert tips with Corinne Boudreau of Online Legal Essentials. Practice Management Nuggets For Your Healthcare Practice.
Templates Make It Easy!
You know that I love templates – and tips, tools, and training to make it easy!
Corinne delivers guided customizable templates to help you set up your business, operate your brick-and-mortar local business, or your online business!
Get started right away with the free Ultimate Checklist for Running a Business Online in Canada.