In a recent article at the New York Franchise Law Blog‚ Franchise Lawyer Charles Internicola discussed the continuing trend of healthcare and franchising. In the article‚ “Is there a Workable Model for Franchising a Medical Practice?”‚ Mr. Internicola discusses the trends of appearance enhancement‚ dermatology and preventative health franchises. The four factors that Mr. Internicola believes healthcare franchisor should focus on‚ include:
- Franchisees who are licensed physicians;
- Franchise systems that add value through the development of packages services offered by a physician;
- Avoidance of third-party payers; and
- Fixed royalty structures
To learn more about how to franchise a healthcare business or how to successfully invest one contact Mr. Internicola at 800. 976. 4904 or order his book‚ The Franchise Formula: A Guide for Franchising Your Business in the New Economy.
For additional information about the corporate practice of medicine we recommend the following articles:
Corporate Practice of Medicine Regulations Concerning Health Care Practices and Facilities
What are the Advantages/Disadvantages of Organizing a Medical Practice as a GP‚ LLP‚ PC or PLLC
Licensing vs. Franchising