; (B) a physician-owned physician practice with more than 25 physicians for a year; (C) a physician practice owned by a hospital, a health plan, a private equity company, or a venture capital firm; (D) an ambulatory surgical center meeting the standards specified under section 1832(a)(2)(F)(i); or (E) an independent freestanding emergency department. (6) Venture capital fund The term venture capital fund has the meaning given such term in section 275.203(l)–1of title 17, Code of Federal Regulations. .