How to build a robust governance agreement that can help your practice weather any storm.
A governance agreement is the foundation for how a practice's board of directors is comprised, which in turn dictates how a practice functions and thrives. Unfortunately, most practice governance agreements lack detail that give the board authority and power to navigate disagreements or legal matters; steer through financial, economic or natural crises; and ensure the practice's long-term stability and profitability.Regardless of your practice's size or specialty, here are seven things to consdier adding or revising in your governance agreement.
Is your practice ready for the Trump tariffs?
April 7th 2025Tariffs are set to drive up costs across industries — including health care — impacting everything from medical supplies to retirement accounts. Take a look at the ripple effects on medical practices and some proactive strategies for physicians to stay one step ahead.