In this episode, hosts Brad and Michael share the story of an ENT surgeon presented with the opportunity to become a medical director for a medical spa. We discuss the responsibilities and challenges of a supervising physician role. Dive into medical director agreements, navigate state-specific compliance considerations, and uncover the risks physicians face in these positions. From legal requirements to business implications, tune in for key insights and potential pitfalls of being a supervising physician in the med spa industry.  

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In this episode, hosts Brad and Michael, and series regular Jay Reyero share the story of a reconstructive plastic surgeon who joined a cosmetic surgery practice. Although initially excited about the opportunity, he soon encountered unexpected challenges as the practice shifted from a cash-based model to accepting insurance for his procedures. Tune in as we explore the complexities of in-network vs. out-of-network billing, the critical compliance requirements surrounding insurance regulations, and the importance of accurate billing and coding practices. Learn how these insurance-related compliance issues can impact financial outcomes when shifting a medical practice's model.  

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In this episode, hosts Brad and Michael share the story of a Harvard-trained psychiatrist who used the Twitch platform to tackle mental health challenges in the gaming community. Tune in as we explore the legal and ethical considerations that arise when professionals engage with the public online, including social media. Learn how to navigate the physician-patient relationship, understanding when it is formalized, and gain insights on setting boundaries, managing risks, and maintaining compliance while connecting with your audience.

Trigger Warning: This episode discusses sensitive topics related to mental health which may be distressing to some listeners.

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In this episode, hosts Brad and Michael share the story of a tech-savvy plastic surgeon who embraced AI to streamline patient communication and lead generation. What started as a cutting-edge solution quickly turned into a legal and ethical dilemma. Discover compliance pitfalls of using AI in health care, including the importance of transparency in patient communications and balancing technology with human oversight. Tune in to learn how to navigate AI in medical practices while maintaining trust and compliance.

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In this episode, hosts Brad and Michael share the story of a plastic surgeon who faced compliance challenges after adding a new laser device to his practice. Discover the pitfalls he encountered, including understanding state rules for supervision, figuring out who can perform certain procedures, and navigating the corporate practice of medicine (CPOM). Tune in for practical tips to stay compliant and reduce risks when introducing new services to your practice.  

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In this episode, hosts Brad Adatto and Michael Byrd are joined by David Mandell, Partner at OJM Group. David brings his unique perspective as both an attorney and wealth advisor to share tips for life after selling a medical practice—especially how to handle a large cash payout. Learn how to manage your money effectively, protect your assets, and avoid investment mistakes physicians often make. Tune in for insights to help you make the most of your financial future post-sale.  

Unlock your financial future with the OJM Group’s latest book, Wealth Strategies for Today’s Physician – A Multi-Media Playbook! Visit https://www.ojmgroup.com/product/wealth-strategies-for-todays-physician/ and download your copy today at a discount by using promo code: BALAW.

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In this episode, hosts Brad and Michael are joined by Ben Hernandez, CEO and Managing Director of Skytale Group. Ben shares the latest trends in health care M&A and offers insights into what to expect when buying or selling a practice. Explore the best time to start planning your sale, how single-surgeon practices can navigate today’s competitive environment, and how to prepare for life after the sale. Listen in for tips on overcoming challenges and setting yourself up for a successful transition.  

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In this episode, hosts Brad and Michael share the story of a dentist who left his corporate job, only to get in over his head after rushing into buying a dental practice. Pressured by a business broker, he skipped the necessary due diligence and ended up facing outdated systems and growing debt. Tune in as we explore the risks of jumping into business deals too quickly and how competing interests can cloud your judgment. Learn how to protect your practice and avoid these costly mistakes.

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In this episode, hosts Brad and Michael share the story of a radiologist whose plans to sell his practice were derailed when his business partner sued him. We illustrate the importance of reviewing contracts, ensuring compliance, and resolving potential disputes before going to market. Tune in for practical advice on managing risks, maintaining momentum during legal challenges, and salvaging transactions when unexpected issues arise.  

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In this episode, Brad and Michael, and guest Jay Reyero, share the story of a plastic surgeon’s journey to sell his practice, with hopes of slowing down and focusing on surgery for the last part of his career. While he found multiple interested buyers, only one met his expectations. However, delays and funding issues led to a postponed closing date, raising concerns about the deal's future. Tune in to learn how to navigate unexpected delays, manage shifting expectations during a sale, and recognize when it is time to walk away.  

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