Coffee with Coker
Episode 104: Determining the Value of Non-Competes and Restrictive Covenants in Healthcare
- July 28, 2022
Richard Romero joins Mark Reiboldt to explore non-compete and other restrictive covenants in the healthcare industry. Richard explains the purpose and the value of these restrictive covenants.
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There are three types of restrictive covenants: non-compete agreements, non-solicitation agreements, and non-disclosure agreements. Depending on who you ask, these covenants can be a tool to protect the business or perceived as a way to limit a physician’s ability to choose their employer.
No matter how they are perceived, if a restrictive covenant does not protect a legitimate business interest, it may be unenforceable. The law does not prohibit ordinary competition.
Richard Romero, CVA, ABV, FHFMA, PAHM
Senior Vice PresidentContact