The physician services agreement, also known as the PSA, is a contract between a physician and a healthcare organization that outlines the terms and conditions of their professional relationship. This agreement has been updated for 2017 to reflect changes in the healthcare industry and to better protect both parties involved.

Some of the key elements of the updated PSA include:

1. Compensation: The agreement should clearly state the compensation that the physician will receive for their services, including any bonuses or incentives that may be offered. This helps avoid confusion or disagreements down the line.

2. Term: The PSA should specify the length of time that the agreement will be in effect, as well as any renewal options. This ensures that both parties understand the duration of the professional relationship and can plan accordingly.

3. Termination: The updated PSA should also detail the circumstances under which either party can terminate the agreement, such as breach of contract or changes in healthcare regulations. This protects both the physician and the healthcare organization from unexpected termination.

4. Scope of services: The PSA should clearly outline the medical services that the physician will provide, as well as any limitations or exceptions. This helps avoid misunderstandings or disagreements about the physician`s responsibilities.

5. Confidentiality: The agreement should include provisions to protect the confidentiality of patient information and the physician`s intellectual property, such as research or proprietary medical procedures.

6. Non-compete clause: The updated PSA may also include a non-compete clause to prevent the physician from working for a competing healthcare organization for a certain period of time after the agreement ends. This helps protect the healthcare organization`s business interests.

In conclusion, the physician services agreement for 2017 is an important document that protects both the physician and the healthcare organization. It outlines the terms and conditions of their professional relationship, including compensation, term, termination, scope of services, confidentiality, and non-compete clauses. By updating this agreement to reflect changes in the healthcare industry, both parties can feel secure in their professional relationship and focus on providing excellent medical care to patients.

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