Physician Owner definition

Physician Owner means a physician, podiatrist, dentist licensed by the New Mexico board of dental health care pursuant to Section 61-5A-12NMSA 1978, or any other person licensed in New Mexico as a health care practitioner permitted by the hospital to refer, admit or treat hospital patients, and who has a financial interest in the hospital.

Physician Owner has the meaning set forth in the preface above.

Physician Owner means a Physician (or immediate family member of the Physician) who has or had a direct or indirect ownership or investment interest in the Hospital or in an entity whose assets include the Hospital Facility. An “immediate family member” means husband or wife; birth or adoptive parent, child or sibling; stepparent, stepchild, stepbrother or stepsister; father-in-law, mother-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law; grandparent or grandchild; and spouse of a grandparent or grandchild. An “ownership or investment interest” is an ownership or investment interest as defined in 42 CFR §411.354.

Examples of Physician Owner in a sentence

• Each Physician Owner has the full power and authority to own his or her property, carry on his or her business as presently being conducted, to enter into this Agreement, and to consummate the transactions contemplated hereby.

• In fulfilling any such full-time teaching responsibilities, such Physician Owner would be permitted to attend patients in a manner normal and customary for such faculty position, provided, however, such services must be incident to the academic/teaching aspects of the institution, and not incident to the regular examination of patients for a fee whether billed in the name of the institution or the name of the attending physician.

• Upon such retirement or start of teaching position, such Physician Owner shall have no further obligations under this Agreement; provided, however, the restrictive covenants provided for under Section 11.9.1(e) shall remain in force.

• Upon the termination of employment of a Physician Owner or Physician Employee, the Policy Board shall have the authority to release or reduce in whole or in part the terms of the restrictive covenants, including but not limited to the mileage radius limitations set forth above in Sections 7.2 and 7.

• Each Physician Owner is an adult citizen and resident of the State of Florida.

• Each Physician Owner has the full power and authority to own his or her property, to practice medicine in the state(s) where the Practice Offices are located and where he or she is presently practicing medicine, to carry on his or her business as presently being conducted, to enter into this Agreement, and to consummate the transactions contemplated hereby.

• Except as set forth herein, in the event that the Physician Owner affiliates with a new group/practice that is not a Party to a Management Services Agreement with SCN, then SCN, at its option, may terminate this Agreement solely with respect to the terminating Physician Owner.

• Each Physician Owner is an adult citizen and resident of the State of Maryland.

• In the event that a Physician Owner dies or becomes Disabled, then the Physician Owner shall have no continuing obligations under this Agreement.

• In the event that a Physician Owner dies or becomes disabled, then this Agreement shall be terminated with respect to such Physician Owner; provided, however, in the event of disability, the restrictive covenants described in Exhibit 11 shall remain in force for a period of thirty-six (36) months from such termination.

More Definitions of Physician Owner

Physician Owner means any physician, dentist or podiatrist who holds an ownership or investment interest in a Tenet ASC, whether through equity, debt or other means.

Physician Owner means any physician, dentist or podiatrist who holds an ownership or investment interest in a Tenet Facility, whether it be through equity, debt or other approved means.

Physician Owner means each Physician Employee who is a member of Provider.

Physician Owner means the Persons set forth on SCHEDULE 1.2.

Physician Owner means those Physician Employees who own an interest, directly or indirectly, in the equity of MRS II, including those Persons set forth in the preface above.