New Jersey Professional Limited Liability Partnership Agreement to Practice Medicine

State:
Multi-State
Control #:
US-0599BG
Format:
Word; 
Rich Text
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Description

A professional limited liability partnership, as the name implies, is a limited liability partnership made up exclusively of licensed professionals. Licensed professionals are those people who have been legally authorized to provide a professional service
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  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine
  • Preview Professional Limited Liability Partnership Agreement to Practice Medicine

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FAQ

Only a physician licensed to practice medicine may own an equity interest in a New York PC that provides medical services. No other PC or PLLC may own an equity interest in a New York PC that provides medical services. However, a medical PC may be an owner of a medical PLLC.

A sole proprietorship is the easiest way to structure your medical practice, because no separate legal entity is actually formed. A sole proprietor's business is simply an extension of the sole proprietor.

New Jersey law prohibits non-physicians ? any person without a license ? from engaging directly in any medical practice.

Florida law does not prohibit the CPOH for physicians, i.e., medical doctors and osteopathic physicians. Non-physicians can solely own a medical practice or jointly own a medical practice with physicians.

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.

Even though they provide medical treatment and advice, they are not doctors. The nurse practitioner must identify as a nurse, not a medical doctor. This is because they are not licensed to practice medicine. This is one example of the unlicensed practice of medicine.

In essence, the CPOM doctrine, which is applicable in both Pennsylvania and New Jersey, prohibits a licensed practitioner from providing health care services as an employee of a general business corporation or a business entity in which the shareholders are not all licensed practitioners (with certain specific ...

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New Jersey Professional Limited Liability Partnership Agreement to Practice Medicine