Concept information
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health occupations
health service administration
organization and administration
professional practice
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health services
health service administration
organization and administration
professional practice
Preferred term
professional corporations
Definition
- A professional corporation (PC) is a corporation formed under state law that restricts its ownership interests to only members of a particular profession. Thus a PC formed to practice medicine has only physicians as shareholders. [Source: Encyclopedia of Health Care Management; Professional Corporation]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/professional_corporations
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