If you’re a non-physician entrepreneur or investor wanting to enter Texas’s healthcare space, you’ve likely seen the term Corporate Practice of Medicine (CPOM). It may be a confusing doctrine at first. But, you must understand it to succeed in Texas’s healthcare business. So, what’s CPOM all about, and how does it impact non-physician buyers in…
How Management Service Organizations Help Non-Physicians Own Healthcare Businesses in Texas As a non-physician entrepreneur in Texas, you want to enter the healthcare industry. But, you’ve likely hit a roadblock: state laws. Texas has a doctrine that restricts non-physicians from owning or controlling medical practices. It is called the corporate practice of medicine doctrine. But…
The healthcare industry offers a wealth of opportunities for entrepreneurs, including those without medical degrees. While navigating the regulatory complexities might seem daunting, non-physicians can legally buy a healthcare business by adhering to specific legal and operational frameworks. This blog will explore how you can enter this lucrative market without a medical license, emphasizing that non-physicians…
A Guide to Navigating State Laws Can non-physicians own a medical practice? This question often arises for those wanting to enter the medical field. It’s not a simple answer. It depends on the state’s laws where the practice operates. If you want to join the healthcare industry, know the rules on owning a medical practice….
Management Services Agreements (MSAs) provide healthcare providers with many benefits. They help make things run smoothly and give doctors more time to focus on treating patients. They also allow non-doctors to get involved in the growing healthcare market. However, when doctors and contractors work together, there can be legal issues involving healthcare laws at the…
A lot of doctors running medical practices today have a tough time dealing with the rules and regulations. Management Service Organizations, or MSOs, are here to help. They don’t just help doctors; they can also benefit other healthcare professionals who aren’t doctors. MSOs provide a chance for non-doctor healthcare workers, like nurses and physician assistants,…
Starting a healthcare business is a complex endeavor. It requires careful planning, attention to detail, and a deep understanding of the industry’s unique challenges. Among the many critical factors to consider, one element stands out as dominant: the selection of the correct management services organization (MSO). From regulatory compliance to streamlined operations, the role of…
The question of whether a non-physician can own a medical practice is a complex one that depends on various factors. These factors include the state laws, the type of medical practice, and the specific roles of the individuals involved. Can a Non-Physician Own a Medical Practice? In general, non-physicians such as business people or investors…
Management Services Organizations (MSOs) are becoming increasingly popular in healthcare. Healthcare providers look to improve efficiency, reduce costs, and focus on providing high-quality care to their patients. An MSO is a third-party provider that offers a range of management and administrative services. These services support the operations of healthcare providers. Here’s what you need to…
What is a Management Services Organization? An MSO provides non-clinical services to medical practices, ambulatory care facilities or other healthcare providers. These services can vary, but in Texas and in other states they typically include: Why form a Management Services Organization? An MSO is the only way to safely grant non-physicians/providers an opportunity to participate in…