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joint venture

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia, Hutchinson 0.01 sec.
joint venture
Medical practice An arrangement in which physicians own the health care facility to which they refer Pts for services, but do not themselves practice medicine. See Kickback, Safe harbor.


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an organization that operated hospitals in central Texas through a joint venture with a for-profit healthcare company, was entitled to exempt status under Sec.
Lombard, Illinois, is forming an equity joint venture with Zhuzhou Rolling Stock Works, a steel foundry located in Hunan Province, China.
The joint venture will focus primarily on butadiene-based latexes, but also would have access to a broad range of latex chemistries.
 
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