Texas Occupations Code 151.055 – Application to Certain Independent Contractor Agreements
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Terms Used In Texas Occupations Code 151.055
- Physician: means a person licensed to practice medicine in this state. See Texas Occupations Code 151.002
This subtitle does not prohibit a hospital from entering into an independent contractor agreement with a physician to provide services at the hospital or at another health care facility owned or operated by the hospital and:
(1) paying the physician a minimum guaranteed amount to ensure the physician’s availability;
(2) billing and collecting from patients the physician’s professional fees; or
(3) retaining the collected professional fees up to the amount of the minimum guaranteed amount plus a reasonable collection fee.