Sample Letter for Physician Employment Agreement in Nevada [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Physician's Name] [Physician's Address] [City, State, ZIP Code] Dear [Physician's Name], RE: EMPLOYMENT AGREEMENT I am delighted to extend this formal employment agreement offer to you as a [specialty] physician with [Hospital/Clinic Name], located in [City, State], Nevada. We are excited about the skills, experience, and expertise you bring to enhance our healthcare team and serve our patients. This agreement, entered into between [Hospital/Clinic Name] (referred to as "Employer") and [Physician's Name] (referred to as "Physician"), outlines the terms and conditions of your employment. 1. Position and Duties: You will be employed as a [specialty] physician and shall perform the usual and customary duties associated with this position. This entails providing medical care, diagnosis, treatment, prescribing medication, and other related services in accordance with the highest standards of care. You will be accountable to the medical director and maintain compliance with all relevant laws, regulations, and ethical standards of the medical profession. 2. Term of Employment: The employment term shall commence on [start date] and continue until terminated by either party with a 90-day written notice, for any reason or no reason, except as otherwise provided by law. 3. Compensation: You shall receive a base salary of [amount] per annum, payable on a [weekly/monthly] basis. Additionally, you may be entitled to a performance-based bonus as determined by your productivity and patient satisfaction metrics. Full details regarding compensation structure and benefits can be found in the attached Exhibit A. 4. Schedule and Call Coverage: Your regular working hours will be [specified hours] [days of the week]. You are required to participate in an on-call rotation, as determined by the needs of the department. Details of the on-call schedule will be provided separately. 5. Professional Expenses: The Employer will reimburse reasonable and necessary professional expenses incurred in the course of fulfilling your duties and responsibilities, subject to the policies outlined in the Employee Handbook or the applicable agreement. 6. Termination: Either party may terminate this agreement with a 90-day written notice. Additionally, termination may occur if either party breaches a material provision of this agreement, subject to applicable laws and regulations. Please review the attached employment agreement carefully, including the exhibits, which outline additional important terms and conditions of employment. If you have any questions or require clarification, do not hesitate to contact me at [phone number] or [email address]. Kindly sign and return the duplicate copy of this agreement along with any required supporting documents within [specified timeline]. We look forward to your positive response and an enduring professional relationship. Thank you for considering this employment opportunity with [Hospital/Clinic Name]. Sincerely, [Your Name] [Your Title] [Hospital/Clinic Name] Enclosures: (1) Employment Agreement, (2) Exhibits A (Compensation and Benefits)
Nevada Sample Letter for Physician Employment Agreement
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How to fill out Nevada Sample Letter For Physician Employment Agreement?
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FAQ
Understand what a letter of intent is Generally, an LOI will not be legally binding. It references a future employment agreement that will effectuate employment. There are instances, however, in which certain provisions within the LOI can, in fact, be legally binding.
Here is where an LOI, or letter of intent, comes in. An LOI is a document created between two parties who want to spell out the essential terms of their deal in writing. This ?term sheet? outlines the agreement between the parties in a brief document.
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 number of hours you are expected to work, your availability and on-call hours, outpatient care duties or administrative duties.
A letter of intent (LOI) issued by an employer to a potential candidate, as the name suggests, indicates only the employer's intention to issue an offer of employment. It is a common misconception that an LOI is an offer, which, once accepted, becomes a binding contract.
7 things you need to include in an employment contract Job information. Compensation and benefits. Time off, sick days and vacation policy. Employee classification. The schedule and employment period. Confidentiality, privacy and responsibility. Termination, severance and survival.
The letter of intent is an important step within the offer process, occurring after interviewing and before contracts are extended, and is used by employers to find out if you are serious about the opportunity or if they should move on to other candidates.
But for the most part, unless it specifically states, this is the contract. The offer letter is not binding. So, the physician could potentially back out after signing the offer letter.
In other words, a letter of intent is the first step to begin the negotiation of terms. Once signed, employment contract negotiations begin quickly. The letter of intent also lets the physician know if this position suits them.
