THE NEW YORK COUNTY MEDICAL SOCIETY
Roof and Support:
Real Estate and Employment Issues that Can Sink Your Practice
Wednesday, May 25, 2011
5:30 p.m. registration: 6:00 p.m. to 8:00 p.m. Dinner and Seminar
O'Casey's Restaurant, 22 East 41 Street, (Between Fifth and Madison) New York City $25.00 per person (members & staff); $75.00 non-members (join now for member discount)
Physician practices have two major fixed expenses: office space and personnel. The ability to render care professionally, to be able to have the proper safe, physical environment to treat, and the recognition that an effective team enables the doctor to render the best care are all dependent on the physician's ability to recognize and put into effect the best practices when it comes to the "roof and the underpinnings" of the practice: the office space and the employees.
In spite of a very sophisticated real estate environment in Manhattan, many physicians are not well versed in how to negotiate leases. Society members have complained about bad leases, litigious situations, and other problems. As more physicians sell practices ( Wall Street Journal, November 2010), as physicians continue to come up against lease clauses that affect their ability to sublease or even continue in practice if the site is damaged (Suffolk County physician with a long-term lease was forced to continue to pay rent after the building burned down because of a clause in his lease), and as new accounting regulations regarding leasing of health care facilities loom on the horizon, there is a gap between where physicians are to where they should be.
In spite of the fact that employees are crucial to the successful rendering of health care, physicians may not understand the legal issues associated with hiring and firing, especially in health care. According to Jury Verdicts Research, "Employment Practices Liability, Jury Award Trends, and Statistics" as of 2007, "employee lawsuits have risen 400% in the past 20 years to the currently level of 6.5 claims per 1,000 employees annually." Small businesses, such as physician practices, are not exempt from employment law and need to protect themselves.
Physicians attending this program will be able to:
• understand key elements in office lease situations in order to protect their practice ;
• take proactive steps to protect themselves when signing (or continuing) a lease;
• identify weaknesses in office procedure that leave them vulnerable to employee lawsuits;
• put a process together in order to reduce employment liability/
The Target Audience
The program is directed towards physicians and staffs in Manhattan. The conference is aimed at private practitioners who are solo or in small groups, and who are responsible for ensuring their own compliance.
Marisa Manley, President, Commercial Tenants Real Estate Representation, LTD, is a noted authority in nationally and in New York City on tenant issues, including those of major health care clients. She is frequently quoted in Crain's New York Business, and she has authored articles in Harvard Business Review , the Wall Street Journal, Inc., Commercial Property News and Real Estate Weekly.
Sharon P. Stiller, Esq ., a partner and director of the Employment Law Practice at Abrams, Fensterman, Fensterman, Eisman, Formato, Ferrara & Einiger, LLP. Ms. Stiller is expert in areas involving state and federal discrimination, contract, confidentiality, non-compete, and similar claims. She also helps businesses audit their employment practices, and drafts employment contracts, policies, and separation and release agreements. She is a frequent trainer for businesses in sexual harassment, social media issues, disability discrimination, and affordable health care compliance.
RSVP REQUIRED: Pay $25.00 per member or $75.00 per non-member for each attendee by check and return to New York County Medical Society, 12 E. 41 Street, 15 floor, New York, NY 10017, att: Lisa Joseph. Fax credit card number to (212) 684-4741 or call (212) 684-4670, ext. 222.
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The New York County Medical Society is accredited by the Medical Society of the State of New York (MSSNY) to provide continuing medical education for physicians. The New York County Medical Society designates this live activity for a maximum of two AMA PRA Category One Credits TM. Physicians should claim only the credit commensurate with the extent of their participation in the activity.