Legal Services for Starting a Medical Practice

Life After Residency for Medical Professionals

According to most recent findings available by the Canadian Medical Association (CMA), 16,508 residents were enrolled in post-graduate programs. Knowing what to do after residency is where the real work begins.

Physicians entering the health care industry have several options:

• Start a solo medical practice
• Join an established group practice
• Join a public sector hospital or clinic

Starting a Medical Practice

As a medical professional, you want to help patients live well and remain healthy. But if you’re considering your own practice, healthcare entrepreneurs must also think about the financial and legal aspects involved.

From changing public health policies to choosing malpractice insurance and limiting the risk of malpractice claims, Bridging Legal Solutions can help.

A Group vs. Solo Medical Practice

A study conducted by the Canadian Institute for Health Information revealed Canada has 65% more group practices and a steady trend away from solo practices. There are benefits and challenges that you’ll need to weigh as you decide to go solo or join a practice.

Economic Considerations

Joining an established group practice lets you share overhead expenses, staff salaries, medical equipment, supplies, and medical devices. In a solo practice, you pay for everything, from the utility bill to the medical malpractice premium.

An established group practice has already absorbed the expense of a healthcare startup. More physicians mean a more extensive patient base, improving financial stability. A solo practice requires you to find a suitable location, file necessary permits, and cover all costs for a new health care business.

As a solo practitioner, you and you alone bring in revenue unless you decide to hire more doctors. You’ll have fewer patients and be more vulnerable to financial risk.

Daily Operations

Some doctors want nothing to do with the day-to-day operations – they want to focus solely on patient care. A group practice allows you to hire staff to take care of many administrative functions. Large private practices have an office manager who supervises the support team.

In a solo practice, you must be hands-on with all the daily operations, from knowing what to include in an employment contract to selecting a phone system and contracting biohazard waste disposal.

Lawyers for Medical Pros

Starting or running any business is a challenge. Building a medical practice comes with even more hurdles. There are patient privacy laws, various legal requirements, and the looming threat of malpractice. There are also burgeoning opportunities with technology and virtual client care.

Bridging Legal Solutions is at the forefront. We can navigate the law and help streamline your practice so you can remain dedicated to client care.

BLS works with various medical practices, offering the following legal services, but are not limited to:

• Medical Partnership Agreements & Structure
• Commercial Lease & Purchase Contracts
• Patient Data & Information Security
• Record Keeping & Confidentiality
• HR, Management & Employment Issues
• Health Care Regulations & Statutory Compliance
• Policies & Procedures
• Risk Management
• Medical Malpractice

BLS is here to provide legal guidance, reduce risk, and find cost-effective, proactive solutions to meet your operational needs.

Why Bridging Legal Solutions?

Bridging Legal Solutions focuses on where medicine and the law intersect. We keep our clients informed and protected with up-to-date regulatory information and proactive legal strategies to avoid expensive compliance of litigation conflicts.

BLS is proud to work with:

• Private Solo & Group Practices
• Dermatologists
• Dentists
• Veterinarians
• Chiropractors
• Endocrinologists
• Gastroenterologists
• Geneticists
• General practitioners
• Hematologists
• Immunologists
• Internists
• Nephrologists
• Neurologists
• Obstetrician/Gynecologists
• Oncologists
• Ophthalmologists
• Optometrists
• Orthopedists
• Osteopaths
• Pathologists
• Pediatricians
• Plastic Surgeons
• Podiatrists
• Psychiatrists
• Pulmonologists
• Radiologists
• Rheumatologists
• Surgeons
• Urologists
• Patient Data Companies
• Life Science Businesses
• Pharmaceutical Companies
• Digital Health Providers
• Medical Records Firms
• Artificial Intelligence Companies

Health Care Law Experience

BLS founder and entrepreneur Sukhi Dhillon Alberga, has a Certificate in Health Law from the Osgoode Hall Law School of York University. Her professional health services and business background are valuable assets to health care entrepreneurs and medical practices.

Additional Services for Medical Practices

Bridging Legal Solutions delivers innovative legal solutions to help you open and grow your practice. Aside from the traditional legal services, BLS has a network of business professionals and healthcare entrepreneurs to connect you with based on your unique needs.

Our collaborative partners practice in:

• Real Estate Law
• ADR
• Mediation
• Business Consulting
• Medical Malpractice Litigation
• Corporate Tax Returns