No, non-physicians generally cannot directly own a medical practice due to the Corporate Practice of Medicine (CPOM) Doctrine, a public policy that prevents non-licensed individuals from owning or controlling businesses that practice medicine to protect physician independence and patient welfare. While this varies by state, many states require physician ownership of professional corporations providing medical services. However, non-physicians can participate in healthcare by forming a separate business, a Management Services Organization (MSO), which contracts with a separate, physician-owned medical entity to provide administrative and non-clinical support, but they cannot influence medical decisions.

I just bought a pediatrics clinic. I knew nothing about the industry, but have now owned it for 10 months. It has been one of the hardest acquisitions I've done. Love to chat more.