When two individuals working in the medical field or are medical practitioners and enter into a partnership business to provide medical service, a legal document is drafted which is known as a medical partnership contract. The purpose of this contract is to give clarity of the partnership business that both the parties are entering into and individual responsibility of each partner.
Sample Medical Partnership Contract
Medical Partnership Contract Number: MP 3456
Effective date of contract: 10th of December 2011
This medical partnership contract has been drafted and entered into between Harry Brown residing at 56 Town Side Road, Leeds, South Hall 4567 and Linda Pink residing at 23 Village Side Road, Leeds , South Hall 4534 where in both the parties who are medical practitioners have agreed to enter into partnership business to start a medical center under the name:
Pinky Medical Center which will be located at the following address:
45 Harry Owned Street,
Leeds, South Hall 4535.
There are few terms and conditions that both the parties need to agree to:
- Both the partners assure that they have valid license of a medical practitioner. In case either of their licenses is found to be invalid, the other partner can take legal action.
- The partners agree that they will not carry out medical practice anywhere else other than the medical center.
- A certain part of the revenue generated from the medical center will be added to the capital amount.
Signature of partner 1: Signature of partner 2:
Harry Brown Linda Pink