NYC Medical Practice Formation Attorney

Medical Practice Formation in New York

Starting or restructuring a healthcare practice in New York involves legal requirements that go well beyond standard business formation. The corporate practice of medicine doctrine, professional entity requirements, regulatory approvals, and healthcare-specific governance considerations create a framework that demands specialized legal knowledge.

At Agarunov Law Firm, P.C., we guide physicians, dentists, and allied health professionals through every step of practice formation — from entity selection and incorporation through partnership agreements, buy-sell provisions, and governance structures designed for the unique needs of healthcare practices.

Our Practice Formation Services

Professional Entity Formation

New York law requires licensed healthcare professionals to practice through Professional Corporations (PCs) or Professional Limited Liability Companies (PLLCs). We handle the full formation process including entity selection and structuring, Certificate of Incorporation or Articles of Organization preparation, obtaining consent from the relevant licensing board (e.g., NYS Education Department), shareholder or operating agreements tailored to medical practices, and EIN registration and initial corporate resolutions.

Group Practice Agreements

When two or more practitioners join together, the partnership or shareholder agreement becomes the most important document governing the relationship. We draft comprehensive group practice agreements covering ownership percentages and capital contributions, compensation formulas and productivity-based distributions, governance and decision-making authority, non-compete and non-solicitation provisions compliant with healthcare regulations, disability and death provisions, and exit and buy-sell mechanisms.

Practice Acquisitions & Sales

Buying or selling a medical practice involves considerations beyond typical business acquisitions, including patient record transfers, provider enrollment assignments, medical equipment valuations, lease negotiations, and staff transition. We handle the legal aspects of practice acquisitions and dispositions, ensuring compliance with healthcare regulations throughout the transaction.

Succession Planning

Every healthcare practice needs a plan for ownership transitions. We structure buy-sell agreements, retirement provisions, and transition plans that address what happens when a physician partner retires, becomes disabled, or leaves the practice. Proper planning preserves practice value, ensures continuity of patient care, and minimizes tax consequences.

Serving New York and New Jersey

Agarunov Law Firm is licensed to practice in both New York and New Jersey. We represent healthcare providers, medical practices, and healthcare organizations throughout the tri-state area including all five NYC boroughs, Long Island, and Northern New Jersey including Bergen County (Englewood, Fort Lee, Hackensack), Hudson County (Jersey City, Hoboken), Essex County (Newark, Montclair), and Passaic County (Paterson, Wayne).

Healthcare regulations differ between New York and New Jersey, and our dual-state licensing allows us to advise on the specific requirements of each jurisdiction.