Wyoming 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.

The Wyoming Annotated Model Pro-Employer Physician Employment Agreement is a comprehensive document that outlines the terms and conditions of employment between a physician and an employer in the state of Wyoming. This agreement is designed to protect the rights and interests of both parties involved and ensure a mutually beneficial professional relationship. Employers in the healthcare industry, such as hospitals, medical clinics, and private practices, can benefit from utilizing this model agreement when hiring physicians. Key provisions included in the Wyoming Annotated Model Pro-Employer Physician Employment Agreement cover a wide range of aspects, including: 1. Employment Terms: This section specifies the duration of the agreement, whether it is for a fixed term or an indefinite period. It also addresses the possibility of renewal or termination of the agreement, as well as any notice periods required. 2. Compensation and Benefits: The agreement outlines the physician's compensation structure, including base salary, potential bonuses, and incentive plans. It may also cover benefits such as health insurance, retirement plans, vacation time, and continuing education opportunities. 3. Duties and Responsibilities: This section defines the physician's primary responsibilities and expectations in terms of patient care, clinical duties, administrative tasks, and participation in organizational committees or activities. 4. Non-Compete and Non-Solicitation Clauses: The agreement typically includes provisions that restrict the physician's ability to compete with the employer or solicit patients or staff if the employment agreement is terminated. 5. Malpractice Insurance: This section outlines the employer's responsibility for providing malpractice insurance coverage for the physician and specifies the limits and terms of the policy. 6. Confidentiality and Non-Disclosure: The agreement may include provisions to protect the employer's confidential information and trade secrets, ensuring that the physician maintains the confidentiality of patient records and any proprietary information. 7. Dispute Resolution: This section outlines the procedure for resolving any disputes that may arise between the physician and the employer, typically through arbitration or mediation rather than litigation. Different types of Wyoming Annotated Model Pro-Employer Physician Employment Agreements may exist to suit various scenarios and employer preferences. For instance, some agreements may be specifically tailored for employed physicians in hospital settings, while others may be applicable to physicians working in independent medical practices or clinics. Additionally, certain agreements may include provisions specific to particular medical specialties or subspecialties, further customizing the agreement to meet the needs of the employer and physician involved.

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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

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FAQ

A Physician Services Agreement is a document used by two parties when a medical facility or practice, also known as a healthcare center, would like to hire an independent healthcare provider to render medical services to patients that they are referred by the healthcare center.

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.

The agreement can be printed on a letter head of the company, on a plain paper or on a stamp paper. It is not necessary for an employment contracted to be on a stamp paper. It is legally binding even on a letter head.

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.

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.

Protection of intellectual property. Confidentiality agreement. Non-disparagement clause. Notice, termination and Redundancy.

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.

An employment contract doesn't always have to be in writing to be enforceable. While that may be the case, written agreements are certainly easier to enforce and not subject to certain limitations that oral agreements are. Oral agreements are still subject to the requirements of what it takes to form a basic contract.

Compensation elements in physician employment contracts may cover a few areas....You may include benefits in your physician employment contract or agreement, such as:Retirement,Health insurance,Disability,Reimbursement for travel or continuing medical education,Paid time off,Vacation, and.Sick pay.

All employment agreements are legally binding on the employer and, therefore, employers are best served by having them drafted and reviewed by an experienced employment law attorney. Contract law is a particularly complex discipline that relies largely on common law, which is law as developed by judges and court cases.

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Wyoming Annotated Model Pro-Employer Physician Employment Agreement