Washington 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. Title: Understanding the Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation Keywords: Washington Agreement, Physician, Self-Employed, Independent Contractor, Professional Corporation Introduction: In the state of Washington, physicians often enter into agreements as self-employed independent contractors with professional corporations. This arrangement helps physicians maintain their autonomy while benefiting from the advantages of a professional corporation. In this article, we will delve into the details of the Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, explore its key components, and discuss any variations or types that might exist. 1. Definition of the Washington Agreement: The Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding contract that outlines the relationship between a physician acting as a self-employed individual and a professional corporation. It provides a framework for their collaboration, ensuring compliance with state regulations, and addressing various aspects of their working arrangement. 2. Key Components of the Agreement: a) Parties Involved: The agreement identifies the physician, acting as a self-employed independent contractor, and the professional corporation as the contracting parties. b) Purpose and Services: It defines the nature of the services to be provided by the physician and outlines the scope of their practice. c) Compensation and Billing: The agreement specifies the compensation structure, methods of payment, billing responsibilities, and any revenue sharing arrangements. d) Duration and Termination: It outlines the duration of the agreement, termination clauses, and conditions under which either party can end the relationship. e) Professional Liability Insurance: The agreement addresses the requirement for and responsibility of professional liability insurance coverage, protecting both parties involved. f) Compliance with State Regulations: It ensures compliance with Washington state laws, rules, and regulations governing the provision of medical services. 3. Types or Variations of the Agreement: While the content and structure of the Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation generally remain similar, there might be slight variations based on factors such as the specific medical specialty, duration of the agreement, or unique circumstances. It is essential for physicians and professional corporations to tailor the agreement to their specific needs and seek legal advice if required. Conclusion: The Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a vital contract that defines the working relationship between physicians and professional corporations. By understanding its key components and any potential variations, physicians can secure their autonomy while benefiting from the support and advantages offered by a professional corporation. It is advisable for physicians and professional corporations to work collaboratively and consult with legal professionals to craft an agreement that aligns with their specific requirements and complies with Washington state regulations.

Title: Understanding the Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation Keywords: Washington Agreement, Physician, Self-Employed, Independent Contractor, Professional Corporation Introduction: In the state of Washington, physicians often enter into agreements as self-employed independent contractors with professional corporations. This arrangement helps physicians maintain their autonomy while benefiting from the advantages of a professional corporation. In this article, we will delve into the details of the Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, explore its key components, and discuss any variations or types that might exist. 1. Definition of the Washington Agreement: The Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding contract that outlines the relationship between a physician acting as a self-employed individual and a professional corporation. It provides a framework for their collaboration, ensuring compliance with state regulations, and addressing various aspects of their working arrangement. 2. Key Components of the Agreement: a) Parties Involved: The agreement identifies the physician, acting as a self-employed independent contractor, and the professional corporation as the contracting parties. b) Purpose and Services: It defines the nature of the services to be provided by the physician and outlines the scope of their practice. c) Compensation and Billing: The agreement specifies the compensation structure, methods of payment, billing responsibilities, and any revenue sharing arrangements. d) Duration and Termination: It outlines the duration of the agreement, termination clauses, and conditions under which either party can end the relationship. e) Professional Liability Insurance: The agreement addresses the requirement for and responsibility of professional liability insurance coverage, protecting both parties involved. f) Compliance with State Regulations: It ensures compliance with Washington state laws, rules, and regulations governing the provision of medical services. 3. Types or Variations of the Agreement: While the content and structure of the Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation generally remain similar, there might be slight variations based on factors such as the specific medical specialty, duration of the agreement, or unique circumstances. It is essential for physicians and professional corporations to tailor the agreement to their specific needs and seek legal advice if required. Conclusion: The Washington Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a vital contract that defines the working relationship between physicians and professional corporations. By understanding its key components and any potential variations, physicians can secure their autonomy while benefiting from the support and advantages offered by a professional corporation. It is advisable for physicians and professional corporations to work collaboratively and consult with legal professionals to craft an agreement that aligns with their specific requirements and complies with Washington state regulations.