Legal 123s with ByrdAdatto
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.
Episodes
July 16, 2025 • 30 mins
In this episode, hosts Brad and Michael share the story of a physician seeking funding for a promising medical innovation. When financing options fell through, he turned to a CPA for a quick loan only to become trapped in a costly, long-term financial arrangement. Tune in to learn how thorough legal and financial due diligence can protect physicians and business owners from costly loan traps, hidden liabilities, and long-term finan...
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July 9, 2025 • 30 mins
In this episode, hosts Brad and Michael are joined by Arielle Schmeck a Partner at JTaylor. Drawing on her experience in health care consulting and valuations, Arielle shares the unintended consequences that arise when physicians assume a high valuation means a good deal. Tune in to understand the full scope of valuations, including the value of assets, minority interest discounts, private equity involvement, and the real cash flow...
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July 2, 2025 • 29 mins
In this episode, hosts Brad and Michael, along with series regular Jay Reyero, share the story of a cardiology practice that added a cash-based weight loss program to its traditional insurance-based model. The change led to unexpected legal challenges, patient confusion, and operational strain as the practice struggled to manage conflicting payment structures. Tune in to learn the legal obligations of in-network providers, the comp...
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June 25, 2025 • 30 mins
In this episode, hosts Brad and Michael sit down with Dr. Nirav Patel, a board-certified plastic surgeon and founder of Patel Plastic Surgery. Dr. Patel shares how signing a two-year, 15-mile non-compete agreement led to unexpected challenges when he decided to open his own practice. Tune in to understand the long-term impacts of non-competes, how minor restrictions can lead to major business consequences, and how physicians can pr...
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June 18, 2025 • 30 mins
In this episode, hosts Brad and Michael, along with series regular Jay Reyero, dive into the story of an orthopedic surgeon who agreed to serve as the medical director for a friend’s medical spa. What began as a temporary, low-effort role turned into a long-term liability when a demand letter from a patient’s attorney uncovered hidden risks. Tune in to learn how to structure a compliant medical director arrangement and the key step...
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June 11, 2025 • 29 mins
In this episode, hosts Brad and Michael are joined by Dr. Kimberly Evans, board-certified OB-GYN and founder of Sugarland Med Spa. After transitioning from a traditional clinical practice to opening a med spa, Dr. Evans faced the unintended consequence of trying to do it all while also managing patient expectations. She shares how challenging moments led her to restructure her practice, set clearer boundaries, and implement protoco...
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June 4, 2025 • 30 mins
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 di...
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May 28, 2025 • 30 mins
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.
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May 21, 2025 • 30 mins
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.
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May 14, 2025 • 30 mins
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.
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May 7, 2025 • 28 mins
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 h...
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April 30, 2025 • 61 mins
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 pr...
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April 23, 2025 • 29 mins
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.
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April 16, 2025 • 28 mins
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 yo...
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April 9, 2025 • 30 mins
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...
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April 2, 2025 • 52 mins
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 complianc...
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March 26, 2025 • 29 mins
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.
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Watch full episodes of our podcast on our You...
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March 19, 2025 • 28 mins
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 p...
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March 12, 2025 • 30 mins
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 an...
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March 5, 2025 • 28 mins
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 ...
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