LLCs and the Corporate Practice of Medicine: A Modern Problem Raised by an Aged Doctrine
By Claire Been,
Attorney, Schwabe, Williamson & Wyatt
By Matt Turetsky,
Attorney, Schwabe, Williamson & Wyatt
The LLC is a relatively young form of business entity, but it has quickly become a favorite of business-owners and professionals. Hundreds of Washington medical service providers, including physicians, medical centers, dentists, and more are currently organized as LLCs. But in Washington, this formation could be illegal. Organizing as an LLC, rather than a Professional Limited Liability Corporation (PLLC) could subject professionals to regulatory, civil or even criminal liability. It is past time to consider the impact the corporate practice of medicine doctrine has on LLCs.
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