Private Practice in Transition ◾ 21
practice suffered a 35% loss prior to the official announcement of the transi-
tion. While one could argue that “those people” would not have followed
the doctor to the new business model, I can argue that until they heard the
product and the value, the argument is based purely on conjecture.
Tip: Get your staff to sign a nondisclosure agreement (NDA) that requires
that they not discuss anything related to your plans or preliminary research
to transition your practice.
TOOL: NDA Model Language
TEMPLATE
CONFIDENTIALITY AGREEMENT
(Obtain appropriate legal counsel before use)
This Confidentiality Agreement (the “Agreement”) is entered into
by and between [YOUR PRACTICE NAME] (the “Company”) and
________________________ ...