Physicians Advocacy Institute

Frequently Asked Questions Updated for 2021


6. What are other considerations for forming a Virtual Group?

  1. It is possible that a Virtual Group may have professional liability under state law, which varies from state-to-state. For example, a Virtual Group may be treated as a partnership and the partners would be jointly and separately liable. Additionally, federal and state tax, pension plans rules, and related issues may be implicated by the formation of a Virtual Group, and you may want to consider seeking legal counsel prior to forming or joining a Virtual Group.

    When determining whether to join or form a Virtual Group, it is recommended that you carefully evaluate both strengths and weaknesses potential partnerships could bring before committing to reporting at the Virtual Group level.

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