Dr. Hartman,
This is a specific entity that should be worked out with an attorney in your particular state familiar with these types of practices. A good place to start is contacting your medical board and inquiring with them about this proposed arrangement. I was approached to be a medical director of a clinic once in the past, but the situation fell through before I was able to get enough specific information about the legal logistics of how everything was suppose to work. Therefore, I don’t know enough about this particular type of practice to give specific guidance.
Dr. Woeller