All of the following are True, EXCEPT: Even if the physician is not an employee or agent of the managed care organization $($MCO$),$ courts might hold the MCO vicariously liable on the ground of ostensible agency. For$-$Profit corporations can borrow money by means of tax exempt bond Under the State Action Immunity doctrine, federal antitrust laws do not apply to the acts of the state. Gainsharing is an agreement by a hospital to give physicians part of the hospitals savings on patient care costs, thereby creating a risk that physicians might reduce the level of services for patients.