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Re: daiello post# 39451

Saturday, 03/21/2020 6:30:28 PM

Saturday, March 21, 2020 6:30:28 PM

Post# of 59309
After further digging it seems this is the way other telemedicine companies, like TDOC, are set up. It helps them avoid individual state restrictions since each one has varying statutes and regulations. As with TDOC and Teladoc Physicians, PA , CareClix Inc does not own CareClix Network, PC. (Don't get hung up on the PC and PA notations as they are very similar corporate structures.)

Anyway, here is a paragraph from the TDOC annual report. I would guess that CareClix Inc has service agreements with CareClix Network.

The corporate practice of medicine prohibition exists in some form, by statute, regulation, board of medicine or attorney general guidance, or case law, in at least 42 states, all of which we operate in, though the broad variation between state application and enforcement of the doctrine makes an exact count difficult. Due to the prevalence of the corporate practice of medicine doctrine, including in the states where we predominantly conduct our business, we contract for provider services through a services agreement with Teladoc Physicians, P.A., which is a 100% physician-owned independent entity that has agreements with several professional corporations, to contract with physicians and professional corporations that contract with physicians for the clinical and professional services provided to our Members. We do not own Teladoc Physicians, P.A. or the professional corporations with which it contracts. Teladoc Physicians, P.A. is owned by Dr. Kyon Hood, one of our providers, and the professional corporations are owned by physicians licensed in their respective states.

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