Establishing principles for hospital-physician joint ventures.

نویسندگان

  • James Lifton
  • L Edward Bryant
چکیده

A typical joint venture is structured as a limited liability company (LLC). Under this nontaxable structure, income passes directly through to the owners, which benefits both physicians and hospitals. For taxable owners, such as physicians, the income is not subject to “double taxation” (where earnings are taxable both to the corporation and to the individual investor). And for a nonprofit entity, such as a hospital, being a partner in an LLC strengthens its financial status because its share of the income is tax exempt.

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عنوان ژورنال:
  • Trustee : the journal for hospital governing boards

دوره 59 2  شماره 

صفحات  -

تاریخ انتشار 2006