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Are Limited Liability Partnerships (LLPs) and Limited Liability Corporations (LLCs) allowed? No. Physicians cannot practice medicine as LLPs or LLCs.
In the states that follow the CPOM, physicians ? or other licensed health professionals ? may provide medical services only through a professional corporation owned by professionals licensed in that state. California [1] is commonly regarded as among the most aggressive of the CPOM states, which include Arizona [2], ...
The Stark Law and the California Physician Ownership and Referral Act. The federal Stark Law, also known as the physician self-referral law, prohibits physicians from referring patients to other entities with which the physician or a family member has a financial relationship.
Limited Liability Partnership The partners of an LLP have more liability protection than partners of a general partnership, but they still have unlimited personal liability for obligations of the practice.
General partners can be held liable for their debts and their partner's debts. Only a PC offers some liability protection for physicians in a group medical practice. Through a PC, doctors can protect themselves against personal liability for the contracts, leases, and other debts of the business.
No, a PA cannot practice independently. Every PA must be supervised by a licensed physician (either M.D. or D.O.).
What is the ?corporate practice of medicine? doctrine in California? Also known as CPOM, this law says that persons without a medical license are prohibited from employing physicians or owning a medical practice with a physician to provide medical services.
By law, in California, a PC must be at least 51% owned by a physician or physicians licensed in the state; up to 49% may be owned by specified other types of healthcare licensees, such as registered nurses, physician assistants, and chiropractors. [32] Non-physicians are prohibited from owning any shares of a PC.