Medical practices are being consolidated in many forms. Which of the following is not one of those forms?

Question

A. associate practice
B. partnership
C. sole proprietorship
D. group practice
E. corporation

Answer 1

C. sole proprietorship

Sole proprietorships are no longer a popular way to practice medicine. In an associate practice, space and staff may be shared, but not profits or liabilities. Partnerships, group practices, and corporations share not only profits, but losses and liabilities. Because of higher technology costs, more managed care, and reduced reimbursements, most physicians practice in some kind of group arrangement.