We will review the various elements of the physician recruiting agreement and the income guarantee agreement, focusing on the pitfalls and the problems that can develop when the agreement does not clearly define the relationship, and/or when the parties do not fully understand what is being agreed to.
Such items as term and termination, payback, forgiveness, are all items that should be clearly set out in the agreement and fully understood by the parties.
Why should you attend: Formal written contracts establish the legal relationship between the parties; they state the terms and conditions of that relationship and the rights and obligations of each party. They confirm the intentions and relationships of the parties as they enter into this relationship, and they eliminate uncertainties regarding mutual rights, obligations, and relationships. What does an income guarantee mean and what obligations does it impose on the parties. What are the implications of these agreements and how do they stand up under the requirements of Stark and the Anti-Kickback statute?
You should attend to gain an understanding of what should and what should not be in a physician recruiting agreement.
Areas Covered in the Session: