These rules are not made to deter you from entering. They are here to offer some guidelines for this great opportunity and to prevent any confusion or problems later on.

    First let me clarify what I mean by a transition year. The transition period must start within 2 months of the winner being chosen. If special circumstances are needed (for example, the winner needs to graduate from school, the winner is waiting to get their board results back or boards taken, etc.) I will give a grace period of up to one month to start the transition period. At the end of this grace period the transition period will automatically being, regardless of the new doctor physically being in the office or not. It will be up to the new owner to make arrangements to incorporate his/her own business. Regardless of circumstances, once the transition period has begun, I will be available for part time work for a maximum of one month. This part time work consists of a combination of either myself physically being in the office or being available by phone. This is the transition period.

    Again, what other opportunity will give you training on running a business and billing, an office, all equipment, all patient files, and most of your overhead taken care of for a year? What more do you need to succeed? Nothing.

    I will make sure that all equipment listed or seen in the pictures is in working order for the new owner.

    All supplies will be stocked for the new owner at the start of the transition period year.

    I will help acquire new lease terms with the landlord. Currently, I pay very low rent for over 1000 square feet of office space. My lease renews every three years. I cannot guarantee that this will be your lease agreement, but I can state that my rent has never increased since being here in this office. I will work with the new owner to get a new lease agreement. Remember, my offer to the winner is to pay their first year of rent, up to $11,400/year.

    The new doctor will be responsible for changing existing services into the new owner’s business name no later than the point I am asked to leave or at the onset of the transition period. I will continue to pay for same, existing services (phone, phonebook ads, etc) for one year. Any additional services, such as a new phonebook ad, etc, are the responsibility of the new doctor.

    The new doctor will be required to pay their own malpractice insurance and any other insurance they wish to carry.

    Any personnel working in the office will be the new doctor’s financial responsibility. I will of course help them learn how to use the billing software and any other equipment with which they may be unfamiliar.

    The new owner needs to be incorporated before the beginning of the transition period.

    The new doctor will get any collections from the start of the transition period forward. Any services performed before the first day of the transition period will belong to myself as I performed the services under my name and supervision.

    The winner will obtain the rights to the office’s phone number. This may not seem important to you, but the phone number has been associated with the office for over 20 years. Many patients know this phone number. When you keep it, they’ll already have your number.

    During the transition period, I will help with existing patient care as much or as little as the new owner desires. I will review with the new doctor a patient’s treatment preferences. For example, one patient may prefer diversified technique and a different patient may prefer drop on their cervical spine only. Each patient is different, you get the idea. I will not be responsible for acquiring new patients though. Once the transition period begins, it is the new owner’s office.

    Once the winner is notified, I recommend they start the process of obtaining their Colorado license immediately.

    If at any point during this transition period, the new owner wishes me to leave and they are ready to be on their own, simply notify me of this decision.

    I will pay most business expenses for the first year. This includes, rent, phone, and utilities. Anything beyond this is the new doctor’s responsibility.

    Any attorney’s fees initiated by the new doctor will be the responsibility of the new owner. Such as becoming incorporated, etc.

    Any new equipment or furnishings will be the responsibility of the new owner.

    I realize this sounds like a lot of rules, but remember, for $200 you are getting not only a viable office, but most of your overhead paid for by me for one year. You are obtaining an office that could be your livelihood for the next 50 years all for only $200. As the entries will be made anonymous, feel free to enter more than once if you want.