A doc­trine vi­o­la­tor?

Modern Healthcare - - Opinions Letters -

Re­gard­ing the pur­chase of MDVIP by Proc­ter & Gam­ble Co., it would seem that op­er­at­ing MDVIP as a wholly owned sub­sidiary of a pub­licly traded cor­po­rate en­tity vi­o­lates the cor­po­rate prac­tice of medicine doc­trine in any state that re­tains the doc­trine (“Cor­po­rate takeover,” Jan. 4, p. 14).

Al­though the doc­trine is rarely used to pre­vent non­physi­cian own­er­ship of physi­cian prac­tices in the first in­stance, in states where it is tech­ni­cally in force, it is of­ten used by dis­grun­tled physi­cians af­ter the fact to un­wind deals that turn out to be less at­trac­tive for the physi­cians than they had hoped.

Vickie J. Wil­liams As­so­ciate dean for aca­demic af­fairs Gon­zaga Uni­ver­sity School of Law

Spokane, Wash.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.