Even Small Healthcare Practices Have to Comply with FTC's New Red Flags Rule- ENFORCEMENTS DELAYED UNTIL AUG 1 Small medical and dental practices that have never encountered identity theft problems with their patients have until May 1, 2009 to comply with the Federal Trade Commission's (FTC's) new Red Flags Rule, if the practice meets the Rule's broad definition of a "creditor" and has even one "covered account." Neil B. Krugman and Joshua D.W. Collins, Waller Lansden Dortch & Davis, LLP