The Schrodinger equation is usually written in complex form $$ i \hbar \frac{\partial\psi}{\partial t} = \left( -\frac{\hbar^2}{2m} \nabla^2 + V \right) \psi $$ with complex solution $\psi$. It's well-known that this can equivalently be written as two coupled real-valued equations by taking the polar decomposition of the solution $\psi = R \exp (i S/\hbar)$, inserting it into the Schrodinger equation above, and separating the real and imaginary parts of the equation. Defining $\rho = R^2$ and $v = (\nabla S)/m$, this results in a continuity equation $$ \partial\rho/\partial t + \nabla \cdot (\rho v) $$ and something that looks like the Hamilton-Jacobi equation $$ -\frac{\partial S}{\partial t} = \frac{\| \nabla S \|^2}{2m} + V + Q $$ except for the presence of the so-called quantum potential $$ Q = -\frac{\hbar^2}{2m} \frac{\nabla^2 R}{R} .$$ This formulation was studied by Bohm and others.
I'm interested in whether there's an analogous approach that can be taken for the Pauli equation $$ \left[ \frac{1}{2m} \left( (\hat{\mathbf{p}} - q \mathbf{A})^2 - q\hbar \mathbf{\sigma} \cdot \mathbf{B} \right) + q\phi\right] |\psi \rangle = i \hbar \frac{\partial}{\partial t} | \psi \rangle $$ where $\mathbf{\sigma}$ is the usual vector of Pauli matrices, $\mathbf{A}$, $\mathbf{B}$, $\phi$, and $q$ are the vector potential, the magnetic field, the scalar potential, and the electric charge, and the momentum operator $\hat{\mathbf{p}}$ has its usual form. Because the solutions are two-component entities and the Pauli matrices themselves introduce complex numbers, it's not obvious to me what would be the analogous approach to taking the polar decomposition of the solution as was done for the Schrodinger equation.
Is there are standard approach to this that yields something analogous to the quantum potential in the Schrodinger equation case?