New Mexico ownership & cpom for med spas

Ownership & corporate practice of medicine in New Mexico

⚠️ THE MEDICAL PRACTICE ACT WAS READ END TO END AND IT REGULATES THE PRACTICE, NOT THE COMPANY. Sections 61-6-1 through 61-6-35 contain no professional-corporation requirement and no restriction on who may hold an ownership interest in a medical practice — the words "corporation", "shareholder", "partnership" and "limited liability" do not appear in the Act at all. What the Act does control is licensee conduct: procuring, aiding or abetting an illegal procedure is unprofessional conduct, and so is fee splitting. So what this Act constrains is who performs and directs the medicine, not how the business holding it is owned. Ownership rules elsewhere in New Mexico law were not surveyed and are not answered here.

• The Medical Practice Act, Sections 61-6-1 through 61-6-35 NMSA 1978, was surveyed in full as published by the New Mexico Medical Board. It contains no corporate-practice-of-medicine provision: no requirement that a practice be organized as a professional corporation, and no restriction on who may own an interest in one. The terms "corporation", "shareholder", "partnership" and "limited liability" do not occur in the Act. Its restrictions attach to the practice of medicine and to licensee conduct rather than to business ownership.

  N.M. Stat. Ann. §§ 61-6-1 to 61-6-35 (Medical Practice Act), read in full — absence claim · verified Sep 4, 2026

• “Unprofessional or dishonorable conduct”, as used in this section, means, but is not limited to because of enumeration, conduct of a licensee that includes the following: (1) procuring, aiding or abetting an illegal procedure;

  N.M. Stat. Ann. § 61-6-15(D)(1) (License may be refused, revoked or suspended) · verified Sep 4, 2026

• (16) fee splitting;

  N.M. Stat. Ann. § 61-6-15(D)(16) (Unprofessional or dishonorable conduct) · verified Sep 4, 2026