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Information only, not medical advice. In an emergency, call your local emergency number.

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MedicalCorp.com

The Business Side of Medicine Behind most clinics is a corporation — a professional corporation, an LLC, or a group practice entity. Learn how doctors structure their practices, why the rules differ from ordinary companies, and what each structure changes.

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What MedicalCorp.com does for you

🏛️Professional Corporations

What a PC or medical corporation is, who may own one, and how it differs from a standard company.

📊Structure Comparisons

Solo practice, group practice, PC, and employment — the trade-offs in liability, tax treatment, and control.

⚖️Corporate Practice Rules

The 'corporate practice of medicine' doctrine: why many places bar non-physicians from owning practices.

🤝Joining vs. Founding

Questions to weigh between employment, partnership track, and starting your own entity.

📋Formation Checklists

The general steps and documents involved in forming a practice entity — so meetings with advisors go faster.

🔄Transitions & Sales

How practices merge, sell, or wind down, and what commonly gets valued in a transition.

MedicalCorp.com does not give medical advice, diagnose or treat any condition.

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How it works

Step 1Learn the structures

Understand the handful of entity types medical practices actually use and why.

Step 2Compare for your situation

Use the trade-off tables to see how each structure fits your stage of practice.

Step 3Brief your advisors

Walk into attorney and accountant meetings with the vocabulary and questions ready.

Questions people ask

What is a professional medical corporation?

A corporation type reserved for licensed professionals — in most jurisdictions only licensed physicians may own shares, and it exists to let doctors practice through an entity while keeping clinical control.

Why can't companies just own medical practices everywhere?

Many jurisdictions follow a corporate-practice-of-medicine doctrine meant to keep clinical decisions with licensed clinicians rather than shareholders. The strictness varies widely by location.

Is this legal or financial advice?

No — it's educational background, not professional advice. Entity choice has real tax and liability consequences, so engage a healthcare attorney and accountant in your jurisdiction.

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