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It is as simple as this: If you want to form a professional medical corporation, you need at least 51% physician ownership. On the contrary, you need at least 51% physician assistant ownership if you want to form a physician assistant corporation.
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 ...
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 ...
Limited liability partnerships/limited liability limited partnerships are often professional partnerships, such as law firms or accounting practices. An existing Pennsylvania general or limited partnership may claim limited liability status on the Statement of Registration [DSCB:15-8201A].
North Dakota, Wyoming, and Utah are the three states where PAs experience the most independence. These are the only three states the AAPA grades as an ?Optimal Practice? environment for PAs. But as indicated above, there are no states in which a physician assistant is truly operating independently of a physician.
(b) A licensee may form partnerships or professional corporations, for the practice of medicine, with other licensed physicians, allopathic or osteopathic, optometrists, dentists, psychologists, podiatrists and chiropractors if the incorporation is also authorized by Chapter 5, 16, 23, 29, 33 or 41.
(c) In addition to the requirements of 42 CFR 483.70(h) (relating to administration), the medical director of a facility shall be licensed as a physician in this Commonwealth and shall complete at least four hours annually of continuing medical education (CME) pertinent to the field of medical direction or post-acute ...
Pennsylvania does not require an operating agreement in order to form an LLC, but executing one is highly advisable.