Group Medical Practice Agreement

Business

Medical partnership contract governing shared practice operations, profit distribution, decision-making authority, patient care responsibilities, and withdrawal procedures for physician group practices.

Group Medical Practice Agreement

Disclaimer: This template is provided for informational purposes only and does not constitute legal advice. Consult a qualified legal professional before using any legal document.

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Key Clauses

  • 1

    Scope of Services

    Defines the specific services, deliverables, and performance standards required under the agreement.

  • 2

    Compensation and Payment

    Establishes fee structures, payment schedules, invoicing procedures, and late payment penalties.

  • 3

    Term and Termination

    Sets the agreement duration, renewal options, and conditions under which either party may terminate.

  • 4

    Confidentiality

    Protects proprietary information and trade secrets shared between the parties during the engagement.

  • 5

    Indemnification

    Allocates liability and requires each party to hold the other harmless from specified claims and damages.

When You Need This

  • Multiple physicians forming medical practice partnership for shared resources
  • Specialists creating collaborative practice for comprehensive patient care
  • Primary care doctors merging practices for economies of scale
  • Physicians establishing cost-sharing arrangement for office space and staff
  • Medical professionals creating group practice for insurance contracting advantages

Frequently Asked Questions

What is a Group Medical Practice Agreement?

Medical partnership contract governing shared practice operations, profit distribution, decision-making authority, patient care responsibilities, and withdrawal procedures for physician group practices.

What should a Group Medical Practice Agreement include?

A comprehensive group medical practice agreement should include: scope of services, compensation and payment, term and termination, confidentiality, indemnification.

When do I need a Group Medical Practice Agreement?

Multiple physicians forming medical practice partnership for shared resources. Specialists creating collaborative practice for comprehensive patient care. Primary care doctors merging practices for economies of scale. Physicians establishing cost-sharing arrangement for office space and staff. Medical professionals creating group practice for insurance contracting advantages.

Is this template legally binding?

Templates provide a strong starting point, but we recommend having important agreements reviewed by a qualified attorney in your jurisdiction to ensure they meet local legal requirements.

Can I customize this template?

Yes — all bracketed [placeholder] fields can be replaced with your specific information. You can also add, remove, or modify clauses to fit your particular situation.

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