In part five of the professional corporation series, I discuss starting a dental or medical provider firm.
Medical providers, including dentists, can operate under PCs and LLCs if formed under Colorado law or as LLLPs registered in Colorado. Medical providers must adhere to naming standards. The medical provider’s incorporation/operating/partnership documents must have certain provisions regarding the operation, leadership, and insurance requirements of the company among other things. All members and owners must be licensed to practice medicine in Colorado and must give up ownership if become ineligible to practice medicine for any reason.
As the above requirements are only some of the rules a medical company needs to follow, if you are an medical provider looking to start a company, please contact me, your Denver Small Business Lawyer, at Elizabeth.Lewis@eclewis.com or 720-258-6647 if you need help to ensure that your company meets Colorado legal requirements.