Independent Contracting and Ownership

Independent contracting — is it right for you?

Deciding to practice as an independent contractor requires consideration of many factors. Being a self-employed practitioner depends on meeting the Internal Revenue Service guidelines, state regulations, physician availability, and third-party payment policies. You also should carefully examine your own goals and motivations.

Independent Contracting Information

http://www.nolo.com/legal-encyclopedia/article-29593.html

Medicare Language on PAs as Independent Contractors

Balanced Budget Act of 1997 (Public Law 105-217)
SEC. 4512 INCREASED MEDICARE REIMBURSEMENT FOR PHYSICIAN ASSISTANTS
(c) Removal of Restriction on Employment Relationship - Section 1842(b)(6) (42 U.S.C.1395u(b)(6), as amended by section 4205, is amended by adding at the end the following new sentence: "For purposes of subparagraph (C) of the first sentence of this paragraph, an employment relationship may include any independent contractor arrangement, and employer status shall be determined in accordance with the law of the State in which the services described in such clause are performed."

IRS FAQs for Small Business/Self-Employed

http://www.irs.ustreas.gov/faqs/index.html#12

Business Resources for PAs

Contacts and Contracts

AAPA's physician assistant career guide. In-depth information on independent contracting, ownership and partnership arrangements. To order, visit AAPA's on-line store.

Physician Assistant Third-Party Coverage

AAPA's comprehensive summary of third-party coverage policies for physician services provided by PAs. Available thorough AAPA's on-line store.

How to Start a Small Business

The Small Business Administration has created this award-winning resource for entrepreneurs. The best place to begin your business research and planning. http://www.sba.gov/starting_business/index.html

Free Business Counseling

The SCORE Association is a national, nonprofit association with 11,500 volunteer members and 389 chapters throughout the United States. SCORE helps small business owners develop effective business plans and create strategies for growth and provides mentoring and advice on a range of business topics. http://www.score.org