When to use an agreement template
Template agreements can be useful for doctors who are considering initiating or revising a contract agreement. Below you can access template agreements for group practices, including Cost Sharing agreements, Contractor agreements, Release of Information as it relates to the Assignment of Payments, and Group Governance agreements.
These templates can be used to minimize the cost of drafting each contract; however, each clinic will be required to negotiate the terms of their specific agreement using legal support. Resources are available to help doctors with important considerations, such as ensuring a transparent process and communicating the importance of equal participation by all group members.
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Contractor agreement template
A contractor agreement is a service agreement that outlines and protects all parties signing into the agreement. These include requirements for insurance, licensures, deliverables, expectations, and length of agreement. Physicians can use this template when determining an agreement among themselves, with a group, or with a business. Physicians will need to seek legal advice during the negotiation process to ensure that the contract is fair, deliverables are clearly outlined, and indemnities within the contract meet the requirements of their professional governing body.
Cost Sharing agreement template
A Cost Sharing agreement outlines the expenses associated with running the clinic and clarifies each physician’s financial responsibility. Before initiating a professional service agreement, it is important to develop a formal cost sharing agreement so that your financial obligations are clearly defined and documented.
Release of Information agreement template
When working in a group clinic, facility, or with another practitioner, a Release of Information agreement ensures that doctors can access their billings from Health Insurance BC (HIBC) without any roadblocks. Without the Release of Information agreement, HIBC is not able to share information with the physician about their billings. This agreement will ensure a physician can access their own MSP billing/remittance statements as the payee, upon request.
Group Governance agreement template
A Group Governance agreement outlines the rights, responsibilities, and obligations of each physician in the group, as well as the general operation of the group’s practice. This will include processes for sharing expenses, identifying who will undertake key activities, and managing disputes. Before joining or forming a Group Practice arrangement, it is important to develop a formal Group Governance agreement so that your group’s intentions are documented. Planning will help mitigate potential problems, saving time, stress, and financial impact in the future.