When buying or selling a dental practice, there are many factors both the Buyer and Seller must consider carefully. Some of the most difficult, from both Seller’s and Buyer’s prospective, are determining the value of the practice and purchase price, the value of the Accounts Receivable, and Seller’s and Buyer’s obligations after the sale. Purchase Price There are two areas that have the most impact on Purchase Price:  (1) the hard assets being bought and sold, and (2), the practice’s existing book of business.   When considering the hard assets, Buyer’s look at the location of the practice in relation to the target market:  is it aesthetically pleasing, is it in a high traffic area, is it in a section of town that is growing or a section of town that is shrinking? How much work does Buyer need to do to the physical facilities to bring them up to…       Read More

Florida blames Decatur Co. farmers for using all the water Post Searchlight The two states are not strangers to water disputes and Georgia Governor … Scott told reporters that Georgia has engaged in “unchecked consumption of water … State revisits interbasin transfers, worries environmentalistsAthensOnlineGeorgia officials are trying a new approach to getting ample drinking water in the northern part of the state. For the first time, the state will have a way to transfer water from reservoirs on one stream and move it to another that is depleted by drought.

Data Breach at Royal Vet College Prompts ICO BYOD Warning  Infosecurity Magazine In a highly political article in Thursday’s Telegraph, Education Secretary Michael Gove says he is “ending this scandal over children’s care;” something he … UCLA Health dodges $16 million breach claim FierceHealthIT  Forty percent of large data breaches involve laptop or storage devices that are lost or stolen, according to the U.S. Department of Health & Human Services. Encrypting healthcare data in motion: NIST TLS best practices   HealthITSecurity.com  An important piece of valid encryption processes for data in motion is Transport Layer Security (TLS), a protocol meant to ensure there are mechanisms in place … Lawmakers seek answers on Obamacare Data Hub security Computerworld In a letter to HHS Inspector General Daniel Levinson, Congressmen Patrick Meehan (R-Pa) and Diane Black (R-Tenn.) requested information on the results of tests condusted to verify the security of the data hub. They…       Read More

As of September 23, 2013, all covered entities, including dentists, are required to follow new HIPAA rules regarding the security of patient data. Among the most significant changes brought about by these rules are changes to when a covered entity must notify patients and the Department of Health and Human Services (HHS) that protected health information has been improperly lost or accessed.                 You probably know by now that when the protected health information of patients (PHI) is breached, HIPAA regulations require the covered entity to engage in an extensive and costly notification process depending on how many patients have been affected. This may require the covered entity to notify each individual, the news media, and HHS. Suffice it to say that covered entities are often reluctant to engage in this process because it can lead to angry patients, bad PR, and an…       Read More

Fla. lawsuit may restart years of water litigation Gainesville Times For those believing the tri-state “water wars” were done with a 2012 U.S. Supreme Court decision favoring Georgia, along came legal action last week that could … Florida lawsuit threatens irrigation practices in Southwest Georgia Albany Herald  The so-called Water Wars between Florida, Georgia and Alabama have been going on for more than two decades. Luckily for Southwest Georgia, much of the debate has involved the Chattahoochee River or Lake Lanier and the metro Atlanta area. No so much anymore. A lawsuit filed by the state of Florida Tuesday points a finger at this area and the volume of irrigation used by its farmers. Editorial: Same threats there and here Ocala  Ocala Star Banner Florida is suing Georgia over consuming too much of the fresh water that should be flowing through the Peach State to the estuaries and oyster beds of the…       Read More

Doctors: Is There a Data Breach In Your Practice’s Future?  Physicians News Digest In the prior decade, most data breaches were caused by human error (such as lost devices or records being exposed in insecure ways). Now, breaches have … CaroMont notifies 1310 patients of potential data breach   Charlotte Business Journal  The health-care system says the potential data breach was discovered Aug. 8 during a routine audit. CaroMont has conducted an investigation and determined … West New York mayor acquitted of computer hacking; son guilty  Asbury Park Press NEWARK – A federal jury acquitted a northern New Jersey mayor of hacking into the website of a political foe but convicted the mayor’s adult son in verdicts … 13 Members of Anonymous Indicted ABC News A federal grand jury on Thursday indicted 13 members of the Internet hacking group Anonymous for allegedly carrying out cyber-attacks worldwide, including … Data-Security Standards Set…       Read More

Scott and Bondi sue Georgia over water use Tampabay.com (blog)  Florida Governor Rick Scott and Attorney General Pam Bondi followed through on their threat to sue Georgia over its water use that they blame for decimating … Glades Reservoir must meet new rules for funding  Gainesville Times  Hall County is preparing to address new criteria in its application for Glades Reservoir funding from a state investment program. The state wants to direct the use … New Voices: Cooperation, not litigation, best for managing water  Orlando Sentinel  Rick Scott announced recently that Florida would sue the state of Georgia for using too much water. The governor argues that Georgia’s thirst for water from the … River basin group aims for unity in water-sharing talksGainesville Times  Five years ago, a group of people interested in the future of the Apalachicola-Chattahoochee-Flint River basin began looking to accomplish something politicians couldn’t do in two decades…       Read More