Should an MSO be an LLC?
There’s no particular state requirement. It’s just a regular business, and that’s what a management company is. Even though it’s in the healthcare space, it’s just a regular business, and so there’s no requirement that business be a certain structure.
So a LLC is the easiest way to do it. It’s the cheapest kind of entity to file, and I think it affords you the greatest protection personally and professionally. That’s why LLCs were created. So that’s what I would suggest. But again, a good idea is to check with the CPA with your particular needs and concerns and make sure you’re getting the right advice and you file the right entity.
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