Maine Annotated Model Pro-Employer Physician Employment Agreement

State:
Multi-State
Control #:
US-03820BG
Format:
Word; 
Rich Text
Instant download

Description

The purpose of this form is to provide information concerning issues commonly
presented in physician employment contracts. In this model employment agreement, the wording of possible clauses is laid out with explanatory comments given below each clause.
This model is not intended to be used verbatim. The language in an actual contract will be the product of negotiations between the parties and will reflect the specific employment situation.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement
  • Preview Annotated Model Pro-Employer Physician Employment Agreement

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FAQ

The three elements of a legally binding contract are offer, acceptance, and consideration. An offer must be presented clearly, and acceptance can be done expressly or impliedly by actions. Consideration involves a quid pro quo where both parties exchange something of value. When working through a Maine Annotated Model Pro-Employer Physician Employment Agreement, ensure these elements are explicit.

For a contract to be legally binding, it must contain mutual consent, a legal purpose, and the necessary capacity of the parties involved. Mutual consent means both parties agree to the terms, while a legal purpose ensures the contract complies with the law. Additionally, the parties must be capable of entering into a contract, meaning they are of sound mind and legal age. This knowledge is essential when forming a Maine Annotated Model Pro-Employer Physician Employment Agreement.

The three essential elements of a valid contract include offer, acceptance, and consideration. An offer is a clear proposal made by one party, which must be accepted by the other party for the contract to be valid. Consideration refers to something of value exchanged between the parties. Understanding these elements is crucial when drafting or reviewing a Maine Annotated Model Pro-Employer Physician Employment Agreement.

In many cases, doctors may be considered at-will employees; however, this status can vary based on the terms of the Maine Annotated Model Pro-Employer Physician Employment Agreement. At-will employment means that either the physician or the employer can terminate the relationship at any time, for almost any reason. It is important for physicians to review their employment contracts carefully to understand their rights and limitations.

The term of the employment agreement refers to how long the contract lasts. The length of most physician employment agreements is between 1 to 3 years with automatic renewal after the initial term ends.

How to write an employment contractTitle the employment contract.Identify the parties.List the term and conditions.Outline the job responsibilities.Include compensation details.Use specific contract terms.Consult with an employment lawyer.

As an employed physician, your contract should include a detailed description of what is expected from you. This includes the type of medicine being practiced, the amount of hours you are expected to work, your availability and on-call hours, outpatient care duties or administrative duties.

All business contracts must contain the essential elements of an agreement. The essential elements include consideration, offer and acceptance, a legal purpose, capable parties and mutual assent. Consideration means something of value must be exchanged.

Here are seven critical provisions for successful physician employment contracts.Obligations of the employed physician.Compensation agreement.Required training and/or peer review standards.Provider-payor agreement.Confidentiality and nonsolicitation agreements.Non-competition agreement.Termination clause.

These experts offer you the following 4 tips for negotiating a satisfying and surprise-free physician employment contract.Begin negotiations with your offer letter.Read and appreciate what you're signing.Know the most important provisions to address.Recognize the contract's purpose.

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Maine Annotated Model Pro-Employer Physician Employment Agreement