Court: Physician-formed businesses are covered by N.M. malpractice law

Businesses formed by physicians are covered by a state law that caps the damages in medical malpractice that can be collected from healthcare providers, the New Mexico Supreme Court ruled last week. The court affirmed a May 2012 Court of Appeals decision which concluded that the state’s Medical Malpractice Act includes professional entities under which physicians practice and that “the Legislature intended professional medical organizations … to be qualified by the Act.”