The Medical Director Agreement serves as the cornerstone document for healthcare facilities requiring physician leadership and oversight. This agreement is essential in the United States healthcare system where regulatory compliance, quality of care, and proper administration are paramount. The document typically outlines specific duties, time commitments, compensation arrangements that meet fair market value requirements, and compliance with federal laws such as Stark Law and Anti-Kickback Statute. It's particularly crucial for establishing clear expectations, ensuring regulatory compliance, and protecting both the facility's and physician's interests in the administrative relationship.
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1. Parties: Identification of the healthcare facility and medical director
2. Background: Context of the agreement and purpose of the medical director position
3. Definitions: Key terms used throughout the agreement including regulatory references
4. Appointment and Term: Duration of agreement and renewal terms
5. Duties and Responsibilities: Detailed description of medical director's obligations and compliance requirements
6. Time Commitment: Expected hours and documentation requirements
7. Compensation: Payment terms, including rate and payment schedule
8. Compliance with Laws: Obligations under Stark Law, Anti-Kickback Statute, and other applicable regulations
9. Representations and Warranties: Statements regarding qualifications, licenses, and compliance status
10. Termination: Conditions and procedures for ending the agreement
11. General Provisions: Standard contractual terms including governing law, notices, and amendments
1. Non-Compete: Restrictions on competing activities within specified geographic area and time period
2. Intellectual Property: Ownership of work product and innovations developed during the term
3. Insurance: Professional liability coverage requirements and specifications
4. Quality Metrics: Specific performance indicators and measurement criteria
5. Indemnification: Mutual or one-way indemnification obligations
1. Schedule A - Detailed Duties and Responsibilities: Comprehensive list of medical director's specific duties and obligations
2. Schedule B - Compensation Details: Detailed breakdown of compensation structure including hourly rates and payment terms
3. Schedule C - Time Recording Requirements: Specific documentation requirements for time spent on medical director duties
4. Schedule D - Quality Metrics and Performance Standards: Detailed performance indicators and measurement criteria
5. Schedule E - Compliance Policies: Relevant facility policies and procedures that must be followed
6. Schedule F - Required Reports: List of required reports and their frequency
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