Frier Levitt co-founding partner Daniel Frier is featured in a Bloomberg Law article, “FTC’s Noncompete Rule Puts Nonprofit Hospitals Under Microscope” by Tony Pugh. The article discusses the Federal Trade Commission’s recent final rule banning non-compete clauses between employers and employees, specifically its effect on the nonprofit health sector.
Dan shares his legal insights on the matter, stating, “Many hospitals wouldn’t survive without their nonprofit status…The FTC rule suggests that because a nonprofit hospital employs “for-profit” members, like physicians, it could be treated as a for-profit by the commission.”
To read the article and the rest of Dan’s comments for nonprofit hospitals, visit: https://news.bloombergtax.com/financial-accounting/ftcs-noncompete-rule-puts-nonprofit-hospitals-under-microscope
