Provisions as to Compensation for Medical Director's Contract with Health Care Agency refers to the agreement between the Medical Director and the Health Care Agency regarding the compensation and other benefits the Medical Director will receive for his/her services. Generally, such provisions include the amount of the Medical Director's salary, bonus, and other forms of compensation, such as allowances, retirement benefits, and other incentives. The contract may also include provisions regarding the frequency of payment, such as hourly, monthly, or yearly. Additionally, the contract may include provisions on the payment of expenses related to travel, training, and other professional development activities. Other provisions may include a bonus structure, performance-based incentive payments, and the ability to accrue vacation time and other benefits.
Provisions as to Compensation for Medical Director's Contract with Health Care Agency
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FAQ
What are the duties and responsibilities of a Medical Director? Medical Directors are the coordinators of a facility, ensuring that staff members meet goals. They are responsible for recruiting and managing Doctors, Nurses and other medical staff, and they oversee all training done in their facility.
Physician services include the full range of primary care and preventive medical services. Primary care medical services include assessment, diagnosis, and treatment (including the development and implementation of an individual treatment plan) of conditions not requiring a specialist.
In the world of healthcare finance, however, PSA refers to a professional services agreement?a type of hospital-physician arrangement.
With that being said, there are two general types of contracts for healthcare services you should be familiar with: fee-for-service and predetermined per-person agreements.
The Professional Services Agreement (PSA) is used as a "Blanket Agreement" to contract with a consultant for a specific period of time. When a facility is ready to use the consultant's services, Exhibit A (Written Authorization to Perform Services) is executed .
What is a Physician Services Agreement? A physician services agreement is a legal contract between someone certified and licensed to practice medicine or a physician and another party. This agreement is often used in individual consulting services, educational or research services, among other things.
