What belongs in an operating agreement
Twenty-two decisions an operating agreement makes for you, whether or not you make them deliberately. Written for two or more owners starting a healthcare company.
This page holds two different things, and they answer two different questions. Both are open, and neither asks for an email address first.
Section one · Reading
Articles
Short pieces on what is changing in healthcare transactions and digital health law. Written when something moves, and dated so you can see how fresh it is.
Section two · Working documents
Handouts and checklists
Questions to work through before you call anyone. Take one away, answer it with your co-owners, and arrive at the first conversation ready.
Articles
Written by Babak Kalbasigharavi. Each piece answers one question that an owner actually asked this firm. The Texas, New York and Alaska series run five pieces each, on ownership, notice, licenses, non-competes, and the order a seller files in.
25 September 2026 · Texas
Four sections hold the rule, the workaround has no statute, and the rule numbers moved in 2025.
25 September 2026 · Texas
Thirteen states want advance notice of a healthcare deal. Texas is not one of them.
25 September 2026 · Texas
Every HHSC license stays with the seller. The buyer files for its own, 30 days ahead.
25 September 2026 · Texas
One year, five miles, a buyout capped at a year of pay, and void on a firing without cause.
25 September 2026 · Texas
Five steps in the order they bite. The last is a tax certificate most sellers meet at closing.
25 September 2026 · New York
The state must be told, and the state cannot say no. The test is revenue, not price.
25 September 2026 · New York
Section 1507 voids the proxies, § 1510 forces a buyback, and § 6530(19) reaches a percentage fee.
25 September 2026 · New York
Facilities and home care agencies pass through the Council on a change of control. It takes months.
25 September 2026 · New York
The 1999 reasonableness test governs, and the bills that would replace it keep failing.
25 September 2026 · New York
Five steps in order, plus the Attorney General approval a charitable seller needs first.
25 September 2026 · Alaska
Alaska never decided the question. The entity you choose decides it for you.
25 September 2026 · Alaska
The triggers are capital events, not sales. One non-physician owner ends the office exclusion.
25 September 2026 · Alaska
No agency gets advance warning. The license and the Medicaid file set the timeline instead.
25 September 2026 · Alaska
One 1988 case, and the employer must prove good faith before a court will help.
25 September 2026 · Alaska
Tribal health under federal law, a compact joined in June 2026, and no income tax.
24 September 2026
Most founders ask this question too late, and a third of them are asking it about the wrong entity.
No article here matches that. Try a broader word, or ask the question directly.
Handouts and checklists
These are the questions this firm asks at the start of a matter. An owner who has answered them arrives at the first conversation ready. The conversation is often shorter and cheaper as a result.
Written by Babak Kalbasigharavi, Esq. These are reference materials, not legal advice. Reading one does not make you a client of this firm. None of it is a substitute for counsel who knows your facts and your state.
Twenty-two decisions an operating agreement makes for you, whether or not you make them deliberately. Written for two or more owners starting a healthcare company.
Thirteen states want to hear about a healthcare deal before it closes. The federal government does not below $133.9 million. Each state's statute, trigger, clock and agency, on one page.