Conscious entrepreneurs benefit from legal advice

Conscious entrepreneurs ground their ideas in the practical realities of a highly regulated society.

That's why I recommend the Entrepreneur's Legal Toolkit: Contract Essentials.  It's contract legal education in box (a downloadable mp3 actually) for every business owner.

For those in the health care industry it is also important to monitor changes in regulation that affect the compliance obligations of various businesses.

As health care reform gears up, many providers and entrepreneurs in the health care and wellness industries are finding themselves subject to the increasing demands of endless regulation.  Those who neglect the rules or claim ignorance do so at their peril.  Conscious entrepreneurs must be conscious also of the importance of getting the right advice.

This week, one of my clients was essentially squeezed out of business by excessive dependence on an insurance company that refused to reimburse a backlog of claims and effectively jammed the client's cash flow.  Another neglected to opt out of Medicare, and instead relied in good faith on conflicting instructions from the carrier, leaving themselves open to charges of fraud and abuse. A third violated state anti-kickback rules by structuring a compensation arrangement in a way that illegally split fees.  It takes care to navigate the rules.

Even the rules governing what goes on the label of a new dietary supplement or cosmetic product are dense, complex, and precise in a finicky way, down to the font required for certain parts of the claim.  Recently, I helped one of my clients successfully transition an herbal cosmetics business out of the garage (or kitchen) and into the national marketplace through effective and efficient attention to labeling and other compliance issues.

I want to encourage readers to join us on the blog for regular updates on many topics critical to entrepreneurial success in health care and other industries as well. It seems that every day there are more and more rules (for example, did you know that if you are an acupuncturist in a New York clinic, you have to wear a badge, and if you don't you could lose your license?). An ounce of legal prevention is worth a pound of cure.

My practice continues to work with entrepreneurs on drafting contracts and general business law issues in a general outside counsel role.  So many people ink deals on the back of a napkin or on a handshake, only to find out later, once they are really successful, that their lack of attention to legal finesse at the outset came back with a vengeance later.  Lawsuits are expensive; contract drafting and review are much more cost-efficient and effective.

Or as I like to say, "don't roll the dice, get legal advice."  Feel free to call or send your referrals to see how I can help.

ed on Clinical Evidence.

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Our law office has attorneys with legal experience in FDA matters, including guiding clients involved in health care delivery, group medical and private medical practice, who are concerned about issues at the interface of federal and state law, concerned about medical board discipline or medical malpractice liability issues.  We also review and draft informed consent forms and guide clients concerning a variety of health care law issues.

If you have legal questions concerning telemedicine and telehealth practices, HIPAA legal issues, health care reform questions, or other health law matters in New York, California, Massachusetts, Washington DC, and other states, contact a lawyer who knows the rules.

Consult an experienced health care law attorney who knows complementary medicine and integrative medicine for legal advice pertaining to any project involving allied health or CAM professionals.

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Healthcare & FDA attorney Michael H. Cohen is a thought leader in healthcare law & FDA law, pioneering legal strategies in healthcare. wellness, and lifestyle markets. As a corporate and transactional lawyer, FDA regulatory attorney who also handles healthcare litigation, healthcare mediation and healthcare arbitration, and international healthcare & wellness law speaker, Los Angeles / Bay Area healthcare & FDA lawyer Michael H. Cohen represents conscious business leaders in a transformational era. Clients seek healthcare & FDA attorney Michael H. Cohen's legal savvy on all aspects of business law, healthcare law, and FDA law, including:

Whether advising start-ups or established companies, Los Angeles / San Francisco / Bay Area healthcare & FDA attorney Michael H. Cohen brings his entrepreneurial spirit and caring insight to cutting-edge legal and regulatory challenges. The Michael H. Cohen Law Group counsels healthcare practices, entities, and companies, such as clinical laboratories, physicians, psychologists, chiropractors, acupuncturists, naturopaths, nurses, healers, medical spas, sleep centers, addiction treatment centers, surgery centers, anti-aging centers, integrative medicine clinics, anti-aging practices, mental and behavioral health counselors, medical service organizations, telemedicine and mobile (m-health) companies, online health ventures, stem cell and cord blood entities; and other health and wellness enterprises. Healthcare and FDA lawyer Michael H. Cohen is admitted to practice in California, Massachusetts, New York, and Washington, D.C. Our clientele is national and international, and we also counsel healthcare and FDA clients in Los Angeles, San Diego, Ventura, San Francisco Bay Area, San Jose, Santa Barbara, Sacramento, San Bernadino, Alameda, Contra Costa County, and other California cities and counties. Contact our Los Angeles, Ventura County, & San Francisco Bay Area FDA & healthcare attorneys today if you need a telemedicine lawyer, concierge medicine lawyer, HIPAA lawyer, FDA lawyer or FDA regulatory consultant (dietary supplements, medical devices, cosmetics, OTC drugs), advertising compliance lawyer, healthcare mediator or arbitrator, concierge medicine attorney, management services organization attorney, or other specialized healthcare legal advice or FDA regulatory consulting.

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