Partnerships and Associates

No.	Competency Item	NAC	DEV	COM	DTE	EXC
	Demonstrate knowledge of associateship relationships:
EC-06-01	Advantages and benefits
EC-06-02	Disadvantages and risks
EC-06-03	Types of associateships
EC-06-04	Good will and ownership issues
EC-06-05	Finding associateship opportunities
EC-06-06	Factors to cover in an agreement
EC-06-07	Restrictive covenants
EC-06-08	Employee or independent contractor.
	Demonstrate knowledge of factors involved in compensation of associateships:
EC-06-09	Compensation methods
EC-06-10	Cash flow and incremental costs
EC-06-11	Additional staff expense
EC-06-12	Ancillary revenue
EC-06-13	Allocation of revenue and expenses
EC-06-14	Office and medical supplies.
	Demonstrate knowledge of factors involved in partner / associate arrangements:
EC-06-15	Liability issues
EC-06-16	Responsibility to client
EC-06-17	Reimbursement.
	Demonstrate knowledge of purchasing a practice and partnership relationships:
EC-06-18	Advantages and risks
EC-06-19	Reason for sale of practice
EC-06-20	Practice valuations
EC-06-21	Valuation techniques
EC-06-22	Purchase agreements
EC-06-23	Non-competition clauses
EC-06-24	Accounts receivable
EC-06-25	Lease negotiations
EC-06-26	Types of partnerships
EC-06-27	Partnership agreements
EC-06-28	Practice philosophy
EC-06-29	Client / patient retention.