What is the best legal business arrangement (LLC, LLP, etc.) to file for a nurse practitioner business in New York?

Nurse practitioners in New York who want to establish their own practice generally need to use a professional entity structure, such as a Professional Limited Liability Company (PLLC) or Professional Service Corporation (PC), rather than a standard LLC. New York restricts ownership of these entities to licensed professionals, and the right structure often depends on factors like the number of owners, whether a collaborating physician is involved, and the practice's specific licensing status. Because these rules are fact-specific and subject to change, nurse practitioners considering forming a practice in New York should consult with an attorney to determine the appropriate entity and ownership structure for their situation.