Nevada CPOM Laws

Nevada CPOM Laws

In Nevada, medical practices must remain under the exclusive ownership of licensed healthcare professionals. This safeguard is designed to ensure medical decisions are driven by expertise, free from external commercial pressures. While individuals without medical licenses may assist with administrative tasks, they are strictly barred from holding any ownership stake in a medical practice.

Nevada’s Professional Corporations and Associations Act provides the legal framework for licensed physicians to operate within a corporate structure, as long as specific provisions regarding corporate organization, membership, and naming conventions are met. General corporations not formed under this Act are prohibited from engaging in medical practice, and any licensed professional aiding in such illegal practices risks suspension or revocation of their medical license.

Additionally, Nevada’s CPOM regulations prohibit fee-splitting between licensed medical professionals and unlicensed individuals or entities. This means profits from medical services cannot be shared with outside parties, including investors. Instead, financial arrangements with non-clinical entities like management companies must be based on fair market value for the services provided.

To comply with these rules, many Nevada healthcare providers partner with Management Services Organizations (MSOs). MSOs handle operational and administrative tasks—such as billing, HR, and payroll—so that healthcare professionals can concentrate on patient care. Crucially, the medical practice itself must remain entirely owned by licensed professionals, ensuring adherence to CPOM regulations.

For practices operating in Nevada, staying compliant with CPOM laws can be challenging. Old Mission Medicine specializes in guiding healthcare organizations through the complexities of Nevada’s CPOM regulations. Whether it’s structuring your business model, ensuring compliance, or navigating legal intricacies, Old Mission Medicine offers customized solutions to protect your practice while enhancing efficiency. Reach out to Old Mission Medicine today to learn how we can help your practice thrive while maintaining full compliance with Nevada’s Corporate Practice of Medicine laws.