Legal 123s with ByrdAdatto

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ByrdAdatto is a national business and healthcare law firm with offices in Dallas and Chicago. Founding Partners Brad Adatto and Michael Byrd meet a lot of interesting people and learn their stories. Running a business can be overwhelming, especially trying to keep up with all of the rules and regulations. A seemingly simple business decision can completely destroy your business based on layers of regulations and other unknown factors. This podcast is dedicated to helping you simplify these complicated issues and to illustrate practical solutions to obstacles through the power and wisdom of real client stories.

ByrdAdatto


    • Jun 4, 2025 LATEST EPISODE
    • weekly NEW EPISODES
    • 29m AVG DURATION
    • 248 EPISODES

    5 from 46 ratings Listeners of Legal 123s with ByrdAdatto that love the show mention: looking forward, thank.


    Ivy Insights

    The Legal 123s with ByrdAdatto podcast is a much-needed resource for anyone interested in gaining a deep understanding of the healthcare business from a legal perspective. Hosted by Brad Adatto and Michael Byrd, this podcast offers valuable insights into the intricacies of the healthcare industry, combined with engaging storytelling and relatable personalities. As a grateful client of ByrdAdatto, I can vouch for their expertise, availability, and genuine kindness. It is truly fantastic to see them sharing their knowledge through this podcast.

    One of the best aspects of The Legal 123s with ByrdAdatto podcast is the way Brad and Michael present complex legal concepts in an easily digestible manner. They have a knack for storytelling that keeps listeners engaged while effectively delivering valuable lessons about healthcare law. Whether it's discussing regulatory compliance or highlighting case studies from their own experiences, they bring depth and clarity to each episode. Moreover, their genuine passion for their work shines through as they navigate through various legal issues specific to the healthcare industry.

    Another noteworthy aspect of this podcast is the transparency with which Brad and Michael share their own personalities. Listeners get to experience not just their legal expertise but also their humor, anecdotes, and personal anecdotes. This adds another layer to the podcast where it feels like you are having a conversation with friends rather than receiving information from experts. Their personable approach makes complex topics more accessible and enjoyable.

    While it is difficult to find any major flaws in The Legal 123s with ByrdAdatto podcast, one minor criticism could be that some episodes may require prior knowledge or familiarity with certain legal terms or healthcare regulations. However, this does not take away from the overall value provided by the podcast as Brad and Michael often take the time to explain key concepts and provide context for those who may not have extensive legal backgrounds.

    In conclusion, The Legal 123s with ByrdAdatto podcast is an invaluable resource for anyone interested in gaining a comprehensive understanding of the healthcare business from a legal perspective. Brad and Michael's expertise, combined with their engaging storytelling and relatable personalities, make this podcast a must-listen. Whether you are a healthcare professional, legal expert, or simply curious about the legal aspects of the industry, this podcast offers valuable insights and lessons that will leave you wanting more.



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    Latest episodes from Legal 123s with ByrdAdatto

    Unintended Consequences: Leading Through Burnout with Cameron Atlas

    Play Episode Listen Later Jun 4, 2025 30:17


    In this episode, hosts Brad and Michael are joined by Cameron Atlas, a keynote speaker, performance coach, and musician, to discuss how business owners can stay focused, avoid burnout, and lead with intention. Cameron specializes in helping leaders and teams enhance performance, improve decision-making, and effectively navigate change. Tune in to learn how a career built on performance and precision can contribute to burnout and discover how regularly evaluating key decisions can help you build a more resilient business.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoStay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Unintended Consequences: Operating on a Crazy Patient

    Play Episode Listen Later May 28, 2025 30:18


    In this episode, hosts Brad and Michael share the story of a plastic surgeon whose hands-on approach helped create a thriving practice. Things took a turn when an unhappy patient uncovered weak spots in its operations and the risks of a practice built around one person. Tune in to learn how contracts, delegation, and internal protocols can foster sustainable growth while protecting your practice along the way.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Unintended Consequences: Complex Business Models

    Play Episode Listen Later May 21, 2025 30:32


    In this episode, hosts Brad and Michael share the story of a physician with ambitions to launch his own investment fund. What began as a promising opportunity quickly unraveled due to an overly complex business model's legal structure, hidden conflicts of interest, and a lack of proper oversight. Learn how well-intentioned business moves can unravel due to complicated legal structures and how to prevent these risks.    Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates: WebsiteFacebookInstagramLinkedIn

    Unintended Consequences: Independent Contractor Risks

    Play Episode Listen Later May 14, 2025 30:14


    In this episode, hosts Brad and Michael share the story of a Texas dermatologist whose thriving practice was undermined by business operational missteps, one of which involved the misclassification of a key employee. Tune in to learn the legal differences between independent contractors and employees, the tax and operational implications of each, and the agreements necessary to safeguard your practice from costly mistakes.    Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagram LinkedIn

    Unintended Consequences: The Ripple Effect of Outside Forces on Your Practice

    Play Episode Listen Later May 7, 2025 28:06


    In this episode, hosts Brad and Michael, along with series regular Jay Reyero, share the story of an orthopedic surgeon and the unintended consequence of landing his dream job as team physician for a top college football program. As new NIL (Name, Image, Likeness) rules reshaped college sports, student athletes can seek compensation beyond traditional medical expenses, increasing a surgeon's malpractice exposure. Tune in to learn how legal and regulatory shifts in health care, especially those outside your control, can quietly impact your practice, and the steps you can take to protect yourself from unexpected risks.  Watch full episodes of our podcast on our YouTube channel:https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    An Exclusive Look into the 2025 M&A Summit

    Play Episode Listen Later Apr 30, 2025 61:51


    In this special live episode from the M&A Summit in Las Vegas, hosts Brad and Michael team up with the Skytale Group to share essential financial and legal tips for preparing your exit strategy. Discover the five phases of an M&A deal, the impact of reputation on your practice's value, and key considerations for practice owners planning a sale. Whether you're selling soon or years down the road, learn how to build a more profitable business for market.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Unintended Consequences: Informal Business Partnerships

    Play Episode Listen Later Apr 23, 2025 29:17


    In this episode, hosts Brad and Michael share the story of a plastic surgeon who paid the price of not having formal agreements with his “business partner.” Without clear legal terms, the partnership led to patient loss and operational setbacks. Tune in to learn why having a legal framework and protective agreements, like non-competes and NDAs, is key to protecting your practice from business fallouts.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Unintended Consequences: Medical Marketing with Chris Suchánek

    Play Episode Listen Later Apr 16, 2025 28:15


    In this episode, hosts Brad and Michael sit down with Chris Suchánek founder of Firm Media, to explore the evolving landscape of medical marketing. After witnessing firsthand how larger firms worked with doctors, Chris built a marketing agency to provide a better, more effective approach for health care professionals. Tune in to learn the biggest pitfalls in medical marketing, how to maximize your ROI, and strategies to position your practice for long-term success.     Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Unintended Consequences: Exit Strategy Drifting

    Play Episode Listen Later Apr 9, 2025 30:09


    In this episode, hosts Brad and Michael share the story of plastic surgeons who built a thriving practice with a clear vision for their exit strategy. Their plan was working—until new partners entered the picture. What started as a strategic decision ultimately led to the unraveling of the founders' original exit plans. Learn key considerations when adding new partners, how to structure buy-ins and buyouts for alignment, and how to safeguard both your practice and your long-term success.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates: WebsiteFacebookInstagramLinkedIn

    Fan Favorite: LIVE From the 2024 Medical Spa Show

    Play Episode Listen Later Apr 2, 2025 52:13


    As we gear up for the 2025 Medical Spa Show next week, we are revisiting a fan-favorite episode recorded live at the 2024 Medical Spa Show! In this episode, hosts Brad and Michael share medical spa stories fit for Sin City. From the importance of solid workplace policies to the pitfalls of influencer marketing and a QR code redirect gone wrong, each story provides you with tools to navigate the complexities of medical spa compliance.     Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:  WebsiteFacebookInstagramLinkedIn

    Compliance: Membership Programs in Aesthetics

    Play Episode Listen Later Mar 26, 2025 29:39


    In this episode, hosts Brad and Michael, and partner Jay Reyero, break down the unique compliance challenges of membership programs in aesthetics. They discuss how state laws, gift card regulations, and medical board rules impact these programs — especially when expanding across state lines. Learn how to avoid common pitfalls and structure a profitable and compliant membership program.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:  WebsiteFacebookInstagramLinkedIn

    Compliance: Med Spa Solutions with Dr. Blake

    Play Episode Listen Later Mar 19, 2025 28:32


    In this episode, hosts Brad and Michael welcome Patrick Blake, MD, FAAD, dermatologist and co-founder of Portrait, to discuss the compliance challenges in the aesthetics industry. Dr. Blake shares his journey from clinician to entrepreneur and how Portrait helps med spas compete while prioritizing compliance. Learn how to navigate evolving compliance regulations, avoid common pitfalls, cut through misinformation, and protect your practice.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Stay connected for the latest business and health care legal updates:Website FacebookInstagramLinkedIn

    Compliance: Adding Anti-Aging Services to Your Practice

    Play Episode Listen Later Mar 12, 2025 30:18


    In this episode, hosts Brad and Michael along with guest and partner Jay Reyero, explore the critical role of compliance when adding anti-aging services like exosome therapy to your practice. They break down how legal business structures ensure the right person makes medical decisions, who can approve new treatments, and how FDA and medical board regulations shape treatment offerings. Tune in to learn the risks of non-compliance and how to protect your practice and patients.Tune in to learn the risks of non-compliance and how to protect your practice and patients. Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Compliance: When Can a Doctor Refuse Treatment

    Play Episode Listen Later Mar 5, 2025 28:55


    In this episode, Brad and Michael are joined by partner Jeff Segal, MD, JD. They discuss the legal and ethical dilemmas physicians face when personal conflicts intersect with patient care. Explore when doctors can legally terminate a patient relationship, when patient abandonment laws kick in, and strategies to manage unwanted patients while maintaining professionalism. Tune in for insights to help you confidently navigate complex patient relationships and protect your practice.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    SPECIAL: Compliance Considerations for Medical Weight Loss

    Play Episode Listen Later Feb 26, 2025 60:02


    In this episode, hosts Brad and Michael are joined by plastic surgeons leading the way in medical weight loss: Dr. Alan Durkin, Dr. Johnny Franco, and Dr. Jonathan Kaplan. They discuss the evolving regulatory landscape surrounding weight loss drugs like tirzepatide and semaglutide, the impact of the FDA removing certain drugs from the shortlist, and key compliance considerations for practices offering these treatments. Tune in for insights on navigating the complexities of medical weight loss from those shaping the industry.  Subscribe to our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Compliance: Training Injectors for Success with Dr. Chris Surek

    Play Episode Listen Later Feb 19, 2025 31:14


    In this episode, hosts Brad and Michael are joined by Dr. Chris Surek, an expert in facial anatomy and the founder of the Academy for Injection Anatomy (AIA). Dr. Surek discusses the disparity between license criteria and formal training requirements for injectors. Learn how understanding facial structures and pursuing continuing education can help you prevent complications and elevate your practice.  To learn more about AIA, visit https://americanmedspa.org/injectionanatomy.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Compliance: Telehealth Solutions with Paulina Riedler

    Play Episode Listen Later Feb 12, 2025 30:53


    In this episode, hosts Brad and Michael are joined by Paulina Riedler, CEO and co-founder of SpaKinect, a leading telehealth provider in the medical aesthetics industry. Paulina shares how SpaKinect tackles compliance challenges in the aesthetics industry, highlighting the importance of good faith exams and the impact of telemedicine. Learn how to navigate key compliance challenges and state-specific regulations when practicing across multiple states. Tune in for steps to enhance your compliance strategy and safeguard your practice.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Compliance: Supervising Physicians

    Play Episode Listen Later Feb 5, 2025 31:26


    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.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn  

    Compliance: How Billing and Coding Impact Your Practice

    Play Episode Listen Later Jan 29, 2025 31:28


    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.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn  

    Compliance: Maintaining Physician-Patient Boundaries

    Play Episode Listen Later Jan 22, 2025 30:30


    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.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Compliance: Balancing AI with Patient Care

    Play Episode Listen Later Jan 15, 2025 31:30


    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.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoStay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    Compliance: Avoiding Scope of Practice Pitfalls

    Play Episode Listen Later Jan 8, 2025 30:03


    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.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Stay connected for the latest business and health care legal updates: WebsiteFacebookInstagramLinkedIn

    M&A: Life After Your Sale with David Mandell

    Play Episode Listen Later Dec 25, 2024 30:44


    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.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    M&A: Industry Insights with Ben Hernandez

    Play Episode Listen Later Dec 18, 2024 29:43


    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.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

    M&A: Rushing Into Deals with a Broker

    Play Episode Listen Later Dec 11, 2024 32:10


    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.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: When Internal Issues Derail the Sale

    Play Episode Listen Later Dec 4, 2024 30:09


    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.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: Show Me the Money

    Play Episode Listen Later Nov 27, 2024 31:30


    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.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: Don't Let Dishonesty Derail Your Deal

    Play Episode Listen Later Nov 20, 2024 29:18


    In this episode, hosts Brad and Michael share the story of a failed M&A deal between an entrepreneur and a potential buyer. Their already rocky relationship worsened when one party repeatedly withheld information during the due diligence phase. Learn how dishonesty can derail negotiations and lead to the collapse of your deal. Tune in for insights into what went wrong and how you can maintain trust for a successful sale.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: Who Has the Cards in Negotiations

    Play Episode Listen Later Nov 13, 2024 31:14


    In this episode, hosts Brad and Michael take you behind the curtain of an M&A deal. They share the story of two physicians who wanted to buyout the absentee owner of the practice. A harmonious deal between both parties was quickly soured by one attorneys aggressive negotiation tactics. Learn how unchecked emotions can impact deals, why attorney-client alignment matters in negotiations, and how to determine who holds the power during a sale.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: When to Break the News to Your Team

    Play Episode Listen Later Nov 6, 2024 31:27


    In this episode, hosts Brad and Michael share how a plastic surgeon's eagerness to sell his practice backfired when he announced the sale to his team too soon. This caused key staff to leave and the deal to collapse overnight. Learn when and how to communicate the transition to your team, so you can retain top talent and keep operations steady post-sale. By following these best practices, you will ensure a smoother sale process and maintain the confidence of your team every step of the way.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: How to Succeed in a Main Street Deal

    Play Episode Listen Later Oct 30, 2024 32:29


    In this episode, hosts Brad and Michael, along with guest Jay Reyero, share the story of a primary care doctor ready to take a major step in her career by acquiring a practice. She targeted what seemed like an ordinary practice, and both doctors opted for a simple transaction. However, the complexities of M&A deals often surface unexpectedly. Tune in as we explain how these complexities can actually help minimize risk and protect both parties. We share how this “Main Street” deal would have played out differently in “Wall Street,” and how understanding these differences can help you make more informed decisions.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: The Reality of Wall Street Deals in Health Care

    Play Episode Listen Later Oct 23, 2024 32:03


    In this episode, hosts Brad and Michael dive into the story of an OBGYN who entered into a "Wall Street" deal when he sold his growing fertility clinic to a private equity group. What initially appeared as the perfect opportunity for expansion soon revealed challenges post-sale. Learn the underlying obstacles sellers face in these transactions, from adjusting to someone else controlling your business to understanding your post-sale legal obligations as the seller. Tune in for strategies to help you adapt to "Wall Street rules" and protect the future of your practice.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto   Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: Know Who Is Buying Your Business

    Play Episode Listen Later Oct 16, 2024 31:54


    In this episode, hosts Brad and Michael share the story of a doctor who received an unsolicited offer from a private equity group to buy her practice. This offer seemed like the perfect solution to the operational challenges she was facing. However, the promising opportunity quickly revealed risks threatening her practice's stability. Discover the hidden pitfalls of unsolicited offers and the importance of thoroughly vetting potential buyers to avoid liabilities. Tune in for insights on protecting your practice before making your next move.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    M&A: Strategic Mergers to Attract Private Equity

    Play Episode Listen Later Oct 9, 2024 31:08


    Join Brad and Michael as they kick off Season 18 of the Legal 123s with ByrdAdatto! In this episode, we share the story of two dedicated doctors looking to combine their small practices to boost profits by selling to private equity. While merging practices may seem beneficial, superficially doing so can create serious risks that threaten the deal. Tune in to learn how to legitimize your merger by fully integrating the business and clinical sides of both practices, maximizing your chances for a successful sale.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Season 18 Preview

    Play Episode Listen Later Oct 2, 2024 3:51


    In this episode, hosts Brad and Michael reflect on Season 17 of the Legal 123 with ByrdAdatto where we focused on helping tackle the challenges of scaling your business. Join us as we recap the season and give you a sneak peek of what's to come in Season 18, which kicks off October 9th. Don't miss out!  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Growing Your Medical Practice Through a Joint Venture

    Play Episode Listen Later Sep 25, 2024 30:40


    In this episode, hosts Brad and Michael explore how joint ventures can serve as a powerful tool for growing your medical practice. They discuss the benefits of accessing new resources and patient bases while addressing challenges like aligning different organizational cultures. Discover how identifying operational, financial, and compliance issues early on can support a smooth transition into a partnership. Tune in for tips on how to grow your practice through a joint venture.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Overcoming the Challenges of Adding a New Partner

    Play Episode Listen Later Sep 18, 2024 31:54


    In this episode, hosts Brad and Michael discuss a physician's experience with adding a new partner to his practice. Learn about the challenges he encountered and how careful vetting and planning can help you avoid common pitfalls. Tune in for insights to help you expand your team and scale your practice successfully.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    LIVE Special: Communicate Like a CIA Analyst with David McCloskey

    Play Episode Listen Later Sep 11, 2024 41:15


    In this special live recording, Brad and Michael sit down with former CIA Analyst and author David McCloskey. David offers a glimpse into his career in the CIA and shares the communication techniques he learned along the way. Tune in for a conversation on how the art of communication and storytelling can enhance your daily life—at work and at home.  Learn more about David McCloskey and his other books: https://www.davidmccloskeybooks.com/  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Balancing Med Spa Growth and Compliance

    Play Episode Listen Later Sep 4, 2024 32:21


    Neglecting compliance while expanding your med spa can lead to costly consequences. In this episode, hosts Brad and Michael reveal the risks of prioritizing growth over compliance. Discover the challenges of expanding a practice to new states and state-specific requirements. Tune in for strategies to keep your practice compliant and understand why this is crucial for your business's long-term success.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Navigating Semaglutide with Dr. Johnny Franco

    Play Episode Listen Later Aug 28, 2024 31:19


    Considering adding weight loss services to your practice? Your patients already know the benefits—now it is time to stay ahead of the curve. In this week's episode, board-certified plastic surgeon Dr. Johnny Franco shares his experience scaling a practice with weight loss services. Tune in for insights on various weight loss drugs available, the FDA Shortage List, compounding, and more. Discover what it takes to successfully integrate a new service line into your practice while ensuring compliance. Learn more about Dr. Franco and his practice by visiting: https://www.austinplasticsurgeon.com/  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Strategic Financial Planning with Annie Hockey

    Play Episode Listen Later Aug 21, 2024 30:51


    In this episode, hosts Brad and Michael are joined by Annie Hockey, Head of Consulting at Skytale Group. With over 10 years of experience, Annie shares her experience developing strategic financial plans that support successful scaling. Tune in to discover how efficient systems, the right team, and a deep understanding of internal cash flow can enhance your scaling strategy. Get practical financial tips to integrate into your business and set yourself up for success.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Mastering Talent Retention and Growth with Mary Beth Hagen

    Play Episode Listen Later Aug 14, 2024 31:34


    In this episode, hosts Brad and Michael are joined by Mary Beth Hagen, the CEO and founder of Titan Aesthetic Recruiting. Mary Beth combines her education, training, and industry insights to help injectors and aesthetic practices grow without compromising ethics or patient outcomes. Learn proven strategies for attracting and retaining top talent, key considerations for scaling from both the patient and provider perspectives, and the profound impact of investing in provider development. Discover how to achieve mutual success for employees and employers while expanding your aesthetics practice.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Navigating Med Spa Expansions Under One Professional Entity

    Play Episode Listen Later Aug 7, 2024 31:24


    In this episode, Brad and Michael welcome back ByrdAdatto partner Jay Reyero. Jay shares the challenges a med spa group encountered while expanding their California practice across multiple states using one professional entity. Discover the essential state laws and regulations to consider for national expansion, and understand the risks associated with managing multi-state practices under one entity. Gain insights into strategic planning and proactive measures that can pave the way for successful growth across state lines.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Lessons from Growing a Practice with Dr. Sacha Obaid

    Play Episode Listen Later Jul 31, 2024 30:56


    In this episode, hosts Brad and Michael are joined by Dr. Sacha Obaid, board-certified plastic surgeon and founder of North Texas Plastic Surgery. Over the past 17 years, Dr. Obaid has grown his solo-practice into multiple med spa and plastic surgery practices, including a surgery center. Discover the key lessons Dr. Obaid learned on his path to expansion, the importance of building a solid business foundation, and how addressing operational challenges and collaborating with other surgeons enhances patient care. Tune in for insights on effectively scaling your practice.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Optimizing Your Practice for Growth with BrinsonAnderson Consulting

    Play Episode Listen Later Jul 24, 2024 30:46


    In this episode, Brad and Michael are joined by medical practice management consultants Amy Anderson and Mara Shorr of BrinsonAnderson Consulting. Tune in as they share practical tips to optimize your practice and support ongoing growth. Learn about the importance of establishing solid processes, effective lead management, and adapting to industry changes. They also discuss the impact of culture on a practice's growth and how to maintain a strong foundation amid expansion. Listen for valuable insights on building and growing a successful medical practice in today's competitive landscape.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadattoVisit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Expanding a Hair Restoration Practice Across State Lines

    Play Episode Listen Later Jul 17, 2024 30:58


    In this episode, Brad and Michael share stories of two hair transplant practices facing regulatory challenges while expanding across state lines. Tune in to learn how opening new locations varies between states with and without corporate practice of medicine (CPOM) laws. Find out why understanding state-specific ownership and delegation rules is crucial to avoid compliance issues. Plus, discover how formal partnership agreements can keep your expansion plans on track.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Scaling: Raising Capital for Your Business

    Play Episode Listen Later Jul 10, 2024 31:20


    In this episode, hosts Brad and Michael kickoff the Season 17 of the Legal 123s with ByrdAdatto. This season's theme is Scaling a Business, and each episode will focus on the challenges and strategies of growing your business. Tune in as we share the story of an EMR tech company and the financial hurdles they faced when expanding their business. We guide you through various funding options for business growth, highlighting the risks of changing deal terms, and the importance of having proper documentation in place. Discover how consistency and commitment can lead to successfully raising capital.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Season 17 Preview

    Play Episode Listen Later Jul 3, 2024 3:59


    In this episode, hosts Michael Byrd and Brad Adatto reflect on Season 16 of the Legal 123 with ByrdAdatto podcast. We recap the “operating” season and share a sneak peek of what's to come in Season 17, which will kick off on July 10th. Make sure not to miss it!  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    200th Episode with Entrepreneur Tim Sawyer

    Play Episode Listen Later Jun 26, 2024 30:28


    Join us as we celebrate our 200th episode with guest Tim Sawyer, a trailblazing entrepreneur and dynamic business advisor in medical aesthetics and sexual wellness. Tim shares his journey as a business owner and offers insights into running a successful business utilizing the management services organization (MSO) model. Tune in for essential MSO tips and strategies to set your practice up for success.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Crisis: Your IV Clinic Gets Shut Down

    Play Episode Listen Later Jun 19, 2024 29:48


    In this episode, hosts Brad and Michael share a cautionary tale for IV hydration clinics, recounting the story of a patient who tragically passed away at a clinic. Tune in for the essential compliance measures every IV hydration practice must follow. Discover how the good faith exam can make or break your practice, the requirements for supervising physicians, and the compounding issues seen in the medical community.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

    Crisis: Your Marketing Company Locks You Out of Your Website

    Play Episode Listen Later Jun 12, 2024 31:24


    In this episode, hosts Brad and Michael explore the pitfalls business owners can face when working with new vendors. Hear how a business owner, dissatisfied with a marketing agency's work, had her website held hostage. Tune in to uncover the warning signs to watch for when assessing vendor contracts, and gain insights into the legal ramifications of your agreements.Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter. Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

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