OAG NEPAL

Once medical practice owner choses to close or sell his practice, he owes his or her employees the truth of telling them about the intention of closing down because it will affect their jobs directly. They must know in advance before the sale process is initiated so that they are also aware and get prepared of losing their jobs at some point once the sale has been fully implemented. Employees are always nosy and will soon realize the plan of closing down the practice. It will not dawn on them so well when they realize from other sources about the intention of selling medical practice.

It is good to reveal the plan to employees, but that should never be done too early from the onset of the intention. The problem of telling employees about the closer early is that the healthcare news will affect their morale or working hard for the firm and therefore, reduce productivity of the practice. If a practice has to sell with a good value, then it has to be productive to the end. Some employees may choose to resign too early leaving the practice with nobody or very few providers who cannot manage the number of patients still streaming in. However, it doesn’t mean that the employees must be kept in the dark until the firm finally closes down. It is illegal and unethical to keep employees in the dark because they need a life after the closer. The owner should find the right time to inform them about medical practice for sale .