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Seven Things To Know When You Receive A Notice Of Investigation From The Department Of Health

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I am a medical doctor with a solo practice. What is the best structure for my medical practice?

  • Speaker 1: There’s some debate currently about whether having a corporation or having a limited liability company gives a physician more flexibility in his or her new practice. A corporation can be a professional service corporation, sometimes called a Professional Association, or a PA, or it can be a regular business corporation. It doesn’t matter. In a limited liability company, on the other hand, can take the aspects of a partnership or a corporation and is going to have much more flexibility associated with it.
    For a sole practitioner or even for two doctors together it makes little difference whether it is a Professional Association or a limited liability company. If the practice owns any real estate or major assets, we always recommend that those be put in a separate limited liability company. A limited liability company is the best entity to own any sort of large assets or real estate.

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The Health Law Firm logo shown above is a registered Service Mark of George F. Indest III, P.A. – The Health Law Firm, since 2007.

“The Health Law Firm” is a registered fictitious business name of and a registered service mark of The Health Law Firm, P.A., a Florida professional service corporation, since 1999. Copyright © 2024 The Health Law Firm. All rights reserved.