Anatomy of a health care professional services agreement

In a consolidating health care industry, hospital systems and physician groups increasingly are looking at a variety of ways of joining forces to deliver cost-effective care. The recent alignment of Morton Plant Mease and the Heart & Vascular Institute North in Pinellas County involves a professional services agreement, one of the arrangements used to establish important medical collaboration and combat the physician shortage. Under the agreement, the 16 institute physicians remain independent…