Question by : Can an occupational therapist be an owner of a physical therapy practice in NJ?
It looks like PT practices have to be owned by PT’s. The underlying issue is that the licensed providers of PT services (PT’s) are the only people bound by legal and ethical constraints and that is why they can be the only owners. In addition, no lay person may benefit by profit sharing/fee splitting. So, can an occupational therapist practice in a physical therapy practice? Can an occupational therapist own part of the PT practice?
Best answer:
Answer by Mary
It needs to be a PLLC. So to have PT and OT in the same practice, both need to be owners but it does not matter what percentage of an owner. It could be 90% OT and 10% PT ownership or anything else.
What do you think? Answer below!
