joint venture

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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.
References in periodicals archive ?
Minority corporate joint ventures: Unlike partnerships, minority corporate joint ventures allow U.
Formation of a corporate joint venture illustrates the monetary-nonmonetary issue because a joint venture involves shared ownership and control, not an exchange or relinquishment of ownership and control.
Fluent in both Arabic and English, Zaher has extensive experience in corporate joint ventures, mergers and acquisitions, restructuring, public offerings, private placements and the related regulatory framework.
According to the company, this increase in net income was primarily the result of increased income from its corporate joint ventures and holding companies and gross profit, partially offset by an increase in operating expenses.
It is also engaged in several corporate joint ventures.

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