Can Individuals Own Hospitals in the U.S.?
Yes, you can own a hospital in the United States. Owning a hospital requires significant capital and authorized personnel in the medical field.
Can Doctors Own Hospitals in the U.S.?
A physician-owned hospital is generally prohibited from expanding facility capacity. However, exceptions can be requested for applicable hospitals or high Medicaid facilities.
Can Non-Physicians Own a Medical Practice?
Only certain licensed health-professionals can be owners or partners in a medial practice in California. Non-physicians can invest in business entities supporting non-medical aspects of a medical practice.
In California, a non-doctor is prohibited from owning a medical corporation. Med spas are considered medical practices, regulated by state medical boards.
State-Specific Regulations
- Nurse practitioners in California have gained independence to practice medicine without physician oversight.
- PA ownership of a medical practice is legal in most states.
Legal Ownership In Virginia and Maryland
In Virginia, medical providers must be licensed in the state, while Maryland permits ownership of PCs by medical providers licensed in other states.
Corporate Practice of Medicine Law
Many states, including Texas, prohibit corporations, entities, or non-physicians from owning medical practices to protect patients’ healthcare quality.
Ownership Structure
The clinical aspects are part of a second business owned by a physician to maintain medical liability and adherence to state laws.