First few Article Sentences
The COVID-19 pandemic led to significant growth for telehealth providers, which spurred investment and increased M&A activity from private equity in physician practices. When a company operates in more than one state through contracting, employing providers, and physical presence, compliance can become complex.
Many states have laws governing the corporate practice of medicine that affect the organizational structure of multistate health care companies. A management services organization (MSO) and professional corporation (PC) structure can be used to allow legal ownership for nonphysicians in the MSO.