Maine Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation

• Category: Contracts - Physicians
• State: Multi-State
• Control #: US-00771BG
• Format: Word; Rich Text

Description

A corporation may be organized for the business of conducting a profession. These are known as professional corporations. Doctors, attorneys, engineers, and CPAs are the types of professionals who may form a professional corporation. Usually there is a designation P.A. or P.C. after the corporate name in order to show that this is a professional association or professional corporation. Although no definite rule exists for determining whether one is an independent contractor or an employee, certain indicia of the status of an independent contractor are recognized, and the insertion of provisions embodying these indicia in the contract will help to insure that the relationship reflects the intention of the parties. These indicia generally relate to the basic issue of control. The general test of what constitutes an independent contractor relationship involves which party has the right to direct what is to be done, and how and when. Another important test involves the method of payment of the contractor. Maine Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation The Maine Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding document that establishes the relationship between a physician and a professional corporation in the state of Maine. This agreement outlines the responsibilities, rights, and obligations of both parties involved in the arrangement, ensuring clarity and protection for all parties. Keywords: Maine, Agreement, Physician, Self-Employed, Independent Contractor, Professional Corporation The agreement typically includes the following sections: 1. Parties: Clearly identifies the participating parties, their legal names, addresses, and contact information. It includes the details of the physician as an individual and the professional corporation involved. 2. Purpose: States the intent of the agreement, which is usually to establish the working relationship between the physician and professional corporation for the provision of medical services. 3. Duration: Specifies the length of the agreement, whether it is a fixed-term contract or an open-ended agreement. The termination clause may also be included if applicable. 4. Scope of Work: Describes the medical services to be provided by the physician as an independent contractor, outlining the types of services, hours of work, and any specialty or restrictions. 5. Compensation: Details the agreed compensation structure, including base salary, bonuses, benefits, reimbursement policies, and any additional forms of remuneration. 6. Expenses: Outlines the expenses that will be reimbursed to the physician and any limitations or requirements for expense claims. 7. Compliance and Licensure: States that the physician must maintain all necessary licenses, certifications, and accreditations for the provision of medical services and remain in compliance with all applicable laws, regulations, and professional standards. 8. Insurance: Specifies the insurance coverage requirements for both the physician and the professional corporation, including liability insurance and malpractice coverage. 9. Confidentiality and Non-Compete: Addresses the confidentiality of patient information, intellectual property, and proprietary information, as well as any non-compete or non-solicitation clauses that may apply. 10. Dispute Resolution: Outlines the procedure for resolving disputes or disagreements between the parties, including mediation and arbitration clauses, if applicable. Types of Maine Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation: 1. General Agreement: This is the standard agreement used for most physician and professional corporation relationships, covering the aforementioned clauses. 2. Specialty-Specific Agreement: Some agreements may cater to specific medical specialties, including additional provisions or requirements tailored to the unique aspects of the specialty. 3. Termination Agreement: This agreement addresses the process and consequences of terminating the relationship between the physician and professional corporation, applicable when either party decides to end the arrangement before the agreed duration. It's important to note that legal advice should be sought to ensure the agreement complies with the specific requirements and regulations of the state of Maine and the individual circumstances of the parties involved.

Maine Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation The Maine Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding document that establishes the relationship between a physician and a professional corporation in the state of Maine. This agreement outlines the responsibilities, rights, and obligations of both parties involved in the arrangement, ensuring clarity and protection for all parties. Keywords: Maine, Agreement, Physician, Self-Employed, Independent Contractor, Professional Corporation The agreement typically includes the following sections: 1. Parties: Clearly identifies the participating parties, their legal names, addresses, and contact information. It includes the details of the physician as an individual and the professional corporation involved. 2. Purpose: States the intent of the agreement, which is usually to establish the working relationship between the physician and professional corporation for the provision of medical services. 3. Duration: Specifies the length of the agreement, whether it is a fixed-term contract or an open-ended agreement. The termination clause may also be included if applicable. 4. Scope of Work: Describes the medical services to be provided by the physician as an independent contractor, outlining the types of services, hours of work, and any specialty or restrictions. 5. Compensation: Details the agreed compensation structure, including base salary, bonuses, benefits, reimbursement policies, and any additional forms of remuneration. 6. Expenses: Outlines the expenses that will be reimbursed to the physician and any limitations or requirements for expense claims. 7. Compliance and Licensure: States that the physician must maintain all necessary licenses, certifications, and accreditations for the provision of medical services and remain in compliance with all applicable laws, regulations, and professional standards. 8. Insurance: Specifies the insurance coverage requirements for both the physician and the professional corporation, including liability insurance and malpractice coverage. 9. Confidentiality and Non-Compete: Addresses the confidentiality of patient information, intellectual property, and proprietary information, as well as any non-compete or non-solicitation clauses that may apply. 10. Dispute Resolution: Outlines the procedure for resolving disputes or disagreements between the parties, including mediation and arbitration clauses, if applicable. Types of Maine Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation: 1. General Agreement: This is the standard agreement used for most physician and professional corporation relationships, covering the aforementioned clauses. 2. Specialty-Specific Agreement: Some agreements may cater to specific medical specialties, including additional provisions or requirements tailored to the unique aspects of the specialty. 3. Termination Agreement: This agreement addresses the process and consequences of terminating the relationship between the physician and professional corporation, applicable when either party decides to end the arrangement before the agreed duration. It's important to note that legal advice should be sought to ensure the agreement complies with the specific requirements and regulations of the state of Maine and the individual circumstances of the parties involved.