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.
The Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding document that outlines the terms and conditions governing the relationship between a physician working as a self-employed independent contractor and a professional corporation. This agreement is essential for ensuring a clear understanding between the parties involved and establishing the rights, responsibilities, and obligations of each party. Keywords: Oregon, Agreement, Physician, Self-Employed Independent Contractor, Professional Corporation Oregon recognizes the importance of having a well-structured agreement to protect the rights and interests of physicians and professional corporations. There are various types of Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation tailored to specific circumstances, including: 1. Full-time Physician Agreement: This type of agreement is suitable when a physician is engaged as a self-employed independent contractor by a professional corporation on a full-time basis. It covers details such as compensation, hours of work, scope of practice, and patient care responsibilities. 2. Part-time Physician Agreement: This agreement is designed for physicians who work as self-employed independent contractors on a part-time basis with a professional corporation. It may include provisions addressing scheduling, compensation, and responsibilities proportional to their part-time commitment. 3. Specialized Physician Agreement: If a physician possesses a specific specialization or expertise, a specialized physician agreement can be crafted to outline the scope of practice, professional expectations, and compensation arrangements associated with the specialized services rendered under the professional corporation. 4. Terminating Physician Agreement: This agreement is utilized when a physician decides to terminate their engagement as a self-employed independent contractor with a professional corporation. It establishes the process, notice period, and potential obligations or liabilities upon termination. The Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation typically covers several essential elements, including: a. Parties: Identifying the professional corporation and the physician as the contracting parties. b. Term: Specifying the duration of the agreement, whether it is for a fixed term or ongoing until terminated. c. Compensation: Describing the payment structure, including base salary, bonuses, incentives, and any reimbursements for professional expenses incurred in the course of practice. d. Responsibilities: Enumerating the duties, obligations, and responsibilities of the physician regarding patient care, professional standards, documentation, and compliance with applicable laws and regulations. e. Malpractice and Liability: Defining the liability of the physician, professional corporation, and any relevant insurance coverage related to malpractice claims and other liabilities arising from the provision of healthcare services. f. Confidentiality: Addressing the maintenance and protection of patient information, trade secrets, and any proprietary or confidential information of the professional corporation. g. Restrictive Covenants: Detailing any non-compete, non-solicitation, or non-disclosure obligations that may apply after termination of the agreement to protect the professional corporation's interests. h. Dispute Resolution: Outlining methods for resolving any disputes or disagreements that may arise between the parties, such as mediation, arbitration, or litigation. It is important for both the physician and the professional corporation to carefully review, negotiate, and seek legal advice when entering into an Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation to ensure compliance with Oregon state laws and regulations and to protect their respective rights and interests.
The Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding document that outlines the terms and conditions governing the relationship between a physician working as a self-employed independent contractor and a professional corporation. This agreement is essential for ensuring a clear understanding between the parties involved and establishing the rights, responsibilities, and obligations of each party. Keywords: Oregon, Agreement, Physician, Self-Employed Independent Contractor, Professional Corporation Oregon recognizes the importance of having a well-structured agreement to protect the rights and interests of physicians and professional corporations. There are various types of Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation tailored to specific circumstances, including: 1. Full-time Physician Agreement: This type of agreement is suitable when a physician is engaged as a self-employed independent contractor by a professional corporation on a full-time basis. It covers details such as compensation, hours of work, scope of practice, and patient care responsibilities. 2. Part-time Physician Agreement: This agreement is designed for physicians who work as self-employed independent contractors on a part-time basis with a professional corporation. It may include provisions addressing scheduling, compensation, and responsibilities proportional to their part-time commitment. 3. Specialized Physician Agreement: If a physician possesses a specific specialization or expertise, a specialized physician agreement can be crafted to outline the scope of practice, professional expectations, and compensation arrangements associated with the specialized services rendered under the professional corporation. 4. Terminating Physician Agreement: This agreement is utilized when a physician decides to terminate their engagement as a self-employed independent contractor with a professional corporation. It establishes the process, notice period, and potential obligations or liabilities upon termination. The Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation typically covers several essential elements, including: a. Parties: Identifying the professional corporation and the physician as the contracting parties. b. Term: Specifying the duration of the agreement, whether it is for a fixed term or ongoing until terminated. c. Compensation: Describing the payment structure, including base salary, bonuses, incentives, and any reimbursements for professional expenses incurred in the course of practice. d. Responsibilities: Enumerating the duties, obligations, and responsibilities of the physician regarding patient care, professional standards, documentation, and compliance with applicable laws and regulations. e. Malpractice and Liability: Defining the liability of the physician, professional corporation, and any relevant insurance coverage related to malpractice claims and other liabilities arising from the provision of healthcare services. f. Confidentiality: Addressing the maintenance and protection of patient information, trade secrets, and any proprietary or confidential information of the professional corporation. g. Restrictive Covenants: Detailing any non-compete, non-solicitation, or non-disclosure obligations that may apply after termination of the agreement to protect the professional corporation's interests. h. Dispute Resolution: Outlining methods for resolving any disputes or disagreements that may arise between the parties, such as mediation, arbitration, or litigation. It is important for both the physician and the professional corporation to carefully review, negotiate, and seek legal advice when entering into an Oregon Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation to ensure compliance with Oregon state laws and regulations and to protect their respective rights and interests.