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

• Category: Contracts - Physicians
• State: Multi-State
• City: Phoenix
• 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. In Phoenix, Arizona, the Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation outlines the legal arrangement between a physician and a professional corporation. This agreement serves as a vital document to establish the terms and conditions of the physician's engagement with the corporation. Here, we will provide a detailed description of the elements typically found in such an agreement, incorporating relevant keywords related to Phoenix, Arizona, and professional contracts. The Phoenix Arizona Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation can be categorized into several types based on the specific nuances of each agreement. These types may include: 1. General Agreement: The General Agreement serves as a comprehensive contract where the physician engaged as an independent contractor provides medical services to the professional corporation in exchange for compensation. This agreement encompasses fundamental terms and conditions, such as professional responsibilities, compensation structure, duration of the engagement, termination provisions, and compliance with applicable laws and regulations. It allows both parties to solidify their relationship and protect their respective rights. 2. Non-Compete Agreement: A Non-Compete Agreement is an additional component that physicians and professional corporations may include in their agreement to restrict the physician from independently practicing or joining competing medical establishments within a specified geographical area and time frame. This provision plays a crucial role in protecting the interests of the professional corporation and maintaining its patient base. 3. Incorporation Agreement: In certain cases, the physician and the professional corporation may enter into an Incorporation Agreement alongside the general agreement. This agreement outlines the terms and conditions related to the incorporation and formation process of the professional corporation, including matters like equity ownership, voting rights, and governance structure. This type of agreement specifically caters to situations where the physician becomes a shareholder in the corporation. Key elements often found in the Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation include: 1. Parties: Identifies the physician as the Independent Contractor and the professional corporation as the contracting entity. It outlines their legal names, addresses, and any relevant licensing information, solidifying their identities in the agreement. 2. Scope of Services: Defines the range of medical services the physician will provide to the corporation. It may include specifics about clinical duties, administrative responsibilities, after-hours availability, and other necessary tasks applicable to the nature of medical practice. 3. Compensation and Billing: Sets forth the compensation structure outlining how the physician will be remunerated for their services, whether it be based on fee-for-service, salary, productivity, or a combination. This section may also address billing arrangements, reimbursement, and any relevant quality assurance incentives. 4. Term and Termination: Defines the duration of the agreement, specifying the start and end dates or outline the terms for an open-ended arrangement. It also addresses termination provisions, notice periods, and conditions under which either party can terminate the agreement prematurely. 5. Compliance and Indemnification: Emphasizes the importance of adhering to applicable laws, regulations, and professional standards, such as those set by the Arizona Medical Board. It highlights that the physician will be responsible for any violation, disciplinary action, or legal liability arising from their services, while outlining the corporation's duty to indemnify and defend the physician against claims resulting from actions within the scope of their engagement. 6. Dispute Resolution: Establishes a process to resolve any conflicts or disputes that may arise during the term of the agreement. This section typically includes provisions for alternative dispute resolution mechanisms like mediation or arbitration and outlines the selected governing law for the resolution of disputes. When entering into an Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation in Phoenix, Arizona, it is crucial for both parties to seek professional legal advice and clearly understand the terms and obligations outlined therein.

In Phoenix, Arizona, the Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation outlines the legal arrangement between a physician and a professional corporation. This agreement serves as a vital document to establish the terms and conditions of the physician's engagement with the corporation. Here, we will provide a detailed description of the elements typically found in such an agreement, incorporating relevant keywords related to Phoenix, Arizona, and professional contracts. The Phoenix Arizona Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation can be categorized into several types based on the specific nuances of each agreement. These types may include: 1. General Agreement: The General Agreement serves as a comprehensive contract where the physician engaged as an independent contractor provides medical services to the professional corporation in exchange for compensation. This agreement encompasses fundamental terms and conditions, such as professional responsibilities, compensation structure, duration of the engagement, termination provisions, and compliance with applicable laws and regulations. It allows both parties to solidify their relationship and protect their respective rights. 2. Non-Compete Agreement: A Non-Compete Agreement is an additional component that physicians and professional corporations may include in their agreement to restrict the physician from independently practicing or joining competing medical establishments within a specified geographical area and time frame. This provision plays a crucial role in protecting the interests of the professional corporation and maintaining its patient base. 3. Incorporation Agreement: In certain cases, the physician and the professional corporation may enter into an Incorporation Agreement alongside the general agreement. This agreement outlines the terms and conditions related to the incorporation and formation process of the professional corporation, including matters like equity ownership, voting rights, and governance structure. This type of agreement specifically caters to situations where the physician becomes a shareholder in the corporation. Key elements often found in the Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation include: 1. Parties: Identifies the physician as the Independent Contractor and the professional corporation as the contracting entity. It outlines their legal names, addresses, and any relevant licensing information, solidifying their identities in the agreement. 2. Scope of Services: Defines the range of medical services the physician will provide to the corporation. It may include specifics about clinical duties, administrative responsibilities, after-hours availability, and other necessary tasks applicable to the nature of medical practice. 3. Compensation and Billing: Sets forth the compensation structure outlining how the physician will be remunerated for their services, whether it be based on fee-for-service, salary, productivity, or a combination. This section may also address billing arrangements, reimbursement, and any relevant quality assurance incentives. 4. Term and Termination: Defines the duration of the agreement, specifying the start and end dates or outline the terms for an open-ended arrangement. It also addresses termination provisions, notice periods, and conditions under which either party can terminate the agreement prematurely. 5. Compliance and Indemnification: Emphasizes the importance of adhering to applicable laws, regulations, and professional standards, such as those set by the Arizona Medical Board. It highlights that the physician will be responsible for any violation, disciplinary action, or legal liability arising from their services, while outlining the corporation's duty to indemnify and defend the physician against claims resulting from actions within the scope of their engagement. 6. Dispute Resolution: Establishes a process to resolve any conflicts or disputes that may arise during the term of the agreement. This section typically includes provisions for alternative dispute resolution mechanisms like mediation or arbitration and outlines the selected governing law for the resolution of disputes. When entering into an Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation in Phoenix, Arizona, it is crucial for both parties to seek professional legal advice and clearly understand the terms and obligations outlined therein.