BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

EP316: Protecting Your Medical Career: The Legal Blindspots Physicians can't Afford to Miss


Listen Later

This episode is sponsored by Lightstone Direct LLC. Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk.

Please visit LightstoneDirect.com for a full list of disclosures. _________

This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit RyzeHealth.com/BootstrapMD today and see how simple running your practice can be.

_______________

What if a single oversight could jeopardize your medical practice?

In this vital episode of Bootstrap MD, Dr. Mike Woo-Ming dives into the rarely discussed topic of protection for physician entrepreneurs. Drawing from personal experiences, like NPI misuse and a costly ADA lawsuit, he covers safeguarding credentials, supervising mid-level providers, ensuring digital compliance, and structuring legal defenses. From quarterly NPI audits to HIPAA-compliant tools and crisis plans, Dr. Woo-Ming shares practical strategies to prevent regulatory traps and litigation—urging physicians to act before issues arise.

A must-listen for practice owners seeking to protect their name and legacy.

Three Actionable Takeaways:

  • Guard Your NPI Like Your House Keys: Dr. Woo-Ming learned the hard way about NPI misuse leading to fraud allegations. Audit your NPI quarterly via the NPPES registry, check CMS PECOS for unauthorized enrollments, and set Google Alerts for your name + NPI to catch misuse early.

  • Supervise Mid-Levels Actively: Supervising NPs/PAs means legal accountability—Dr. Woo-Ming stresses customized agreements, documented chart reviews, and malpractice coverage for supervisory roles. Start by maintaining logs of reviews and communications to prove oversight, avoiding liability gaps.

  • Prioritize Digital Compliance: A five-figure ADA lawsuit over uncaptioned videos taught Dr. Woo-Ming to ensure website accessibility. Use tools like WAVE Accessibility Checker, add captions to all videos, and work with vendors for accessible patient portals to avoid litigation.

About the Show:

Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it's your guide to building a profitable, fulfilling career.

Tune in weekly at http://bootstrapmd.com

About the Host:

Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He's built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy.

Let's Connect: www.https://www.bootstrapmd.com

Want to start a podcast? Check out the Doctor Podcast Network!

...more
View all episodesView all episodes
Download on the App Store

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-MingBy Doctor Podcast Network

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

36 ratings


More shows like BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,768 Listeners

The Life Coach School Podcast by Brooke Castillo

The Life Coach School Podcast

8,833 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

802 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

973 Listeners

White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

White Coat Investor Podcast

2,440 Listeners

The Curbsiders Internal Medicine Podcast by The Curbsiders Internal Medicine Podcast

The Curbsiders Internal Medicine Podcast

3,334 Listeners

Physician NonClinical Careers with John Jurica by John Jurica, MD, MPH, CPE

Physician NonClinical Careers with John Jurica

99 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

8,842 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

564 Listeners

Frequent Miler on the Air by Frequent Miler

Frequent Miler on the Air

625 Listeners

The EntreMD Podcast by Dr. Una

The EntreMD Podcast

283 Listeners

Money Meets Medicine by Doctor Podcast Network, Jimmy Turner MD

Money Meets Medicine

217 Listeners

The Passive Income MD Podcast by Peter Kim, MD

The Passive Income MD Podcast

279 Listeners

Geobreeze Travel by Julia Menez

Geobreeze Travel

406 Listeners

Save Yourself With Dr. Amy Shah by Dr. Amy Shah

Save Yourself With Dr. Amy Shah

150 Listeners