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 New Mexico Annotated Model Pro-Employer Physician Employment Agreement is a legal document that outlines the terms and conditions of a physician's employment with a medical practice or healthcare facility in the state of New Mexico. This agreement is designed to protect the interests of the employer while providing transparency for the physician regarding their role, responsibilities, and compensation. Keywords: New Mexico, Annotated Model, Pro-Employer, Physician Employment Agreement, terms and conditions, medical practice, healthcare facility, employer, physician, role, responsibilities, compensation. There are different types of New Mexico Annotated Model Pro-Employer Physician Employment Agreements that may vary based on specific clauses and provisions included. Some of these variations include: 1. Full-time Employment Agreement: This type of agreement is tailored for physicians who will be working full-time, typically involving a fixed number of hours per week or month. It outlines the physician's responsibilities, work schedule, compensation structure, benefits, and any non-compete or non-disclosure clauses. 2. Part-time Employment Agreement: This agreement is suitable for physicians who will be working on a part-time basis, either due to personal preferences or other professional commitments. It clearly defines the physician's expected hours, compensation, and benefits scaled down proportionately to the full-time equivalent agreement. 3. Locum Teens Agreement: This type of agreement is applicable for temporary or substitute physician positions, commonly known as locum tenens. It outlines the duration of the assignment, scope of work, compensation structure, and responsibilities that the physician will be expected to fulfill during their tenure. 4. Independent Contractor Agreement: In certain cases, physicians may be engaged as independent contractors rather than employees. This agreement defines the nature of the relationship between the physician and the employer, including compensation, tax obligations, and the physician's autonomy in managing their practice. 5. Renewal Agreement: This agreement is used when extending the employment relationship between the physician and the employer beyond the initial term outlined in the original employment agreement. It may contain adjustments to compensation, benefits, or other terms based on the physicians' performance or changes in the healthcare industry. It's essential to note that each agreement may have additional provisions specific to the needs of the employer or to ensure compliance with New Mexico state laws and regulations. Overall, the New Mexico Annotated Model Pro-Employer Physician Employment Agreement serves as a vital tool for both physicians and healthcare employers to establish clear expectations and protect their rights and interests throughout the employment relationship.The New Mexico Annotated Model Pro-Employer Physician Employment Agreement is a legal document that outlines the terms and conditions of a physician's employment with a medical practice or healthcare facility in the state of New Mexico. This agreement is designed to protect the interests of the employer while providing transparency for the physician regarding their role, responsibilities, and compensation. Keywords: New Mexico, Annotated Model, Pro-Employer, Physician Employment Agreement, terms and conditions, medical practice, healthcare facility, employer, physician, role, responsibilities, compensation. There are different types of New Mexico Annotated Model Pro-Employer Physician Employment Agreements that may vary based on specific clauses and provisions included. Some of these variations include: 1. Full-time Employment Agreement: This type of agreement is tailored for physicians who will be working full-time, typically involving a fixed number of hours per week or month. It outlines the physician's responsibilities, work schedule, compensation structure, benefits, and any non-compete or non-disclosure clauses. 2. Part-time Employment Agreement: This agreement is suitable for physicians who will be working on a part-time basis, either due to personal preferences or other professional commitments. It clearly defines the physician's expected hours, compensation, and benefits scaled down proportionately to the full-time equivalent agreement. 3. Locum Teens Agreement: This type of agreement is applicable for temporary or substitute physician positions, commonly known as locum tenens. It outlines the duration of the assignment, scope of work, compensation structure, and responsibilities that the physician will be expected to fulfill during their tenure. 4. Independent Contractor Agreement: In certain cases, physicians may be engaged as independent contractors rather than employees. This agreement defines the nature of the relationship between the physician and the employer, including compensation, tax obligations, and the physician's autonomy in managing their practice. 5. Renewal Agreement: This agreement is used when extending the employment relationship between the physician and the employer beyond the initial term outlined in the original employment agreement. It may contain adjustments to compensation, benefits, or other terms based on the physicians' performance or changes in the healthcare industry. It's essential to note that each agreement may have additional provisions specific to the needs of the employer or to ensure compliance with New Mexico state laws and regulations. Overall, the New Mexico Annotated Model Pro-Employer Physician Employment Agreement serves as a vital tool for both physicians and healthcare employers to establish clear expectations and protect their rights and interests throughout the employment relationship.
