FTC Non-Compete Rule : Application and Strategy for Healthcare Employers

The healthcare industry stands on the cusp of a potentially transformative era brought about by the Federal Trade Commission’s (FTC) decision to ban non-compete agreements, which may take effect on September 4, 2024. Although nonprofit organizations are not covered by the FTC’s rule, there are steps they can take to protect themselves against future rules from the federal or state governments, as well as unfair competition. For-profit organizations, as well as some nonprofits, may have to comply with the rule unless it is halted by a reviewing court.

As the industry confronts this challenge, organizations will be forced to focus on innovative retention strategies and safeguarding intellectual property, all while maintaining the integrity of services to patients, members, and residents. Join Husch Blackwell’s Tom O’Day and Audrey Merkel as they discuss the potential impact of the ban—and what employers can do now to prepare.