Physicians and Surgeons

Plain English Breakdown

The official source does not provide details about the implications of undetermined fair market values or how existing agreements will be affected.

Changing Time Limits for Physician Non-Compete Agreements

This bill changes the time limit in non-compete agreements between doctors and their employers from ten business days to thirty business days.

What This Bill Does

• Extends the period during which a physician must wait after attempting to repurchase their sold practice from ten business days to thirty business days.
• Updates Tennessee's health care laws in Title 63 and Title 68 of the state code.

Who It Names or Affects

• Doctors who have non-compete agreements with their employers
• Employers who have signed non-compete agreements with doctors

Terms To Know

Non-compete agreement

A contract that stops someone from working in a similar job or business for a certain time after leaving their current job.

Limits and Unknowns

• Does not specify what happens if the fair market value is still undetermined after thirty business days.
• It's unclear how this change will affect existing non-compete agreements.

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

SENATE BILL 852
By Haile

HOUSE BILL 1206
By Kumar

HB1206
002943
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 63
and Title 68, relative to health care.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 63-6-204(f)(2)(A)(iv), is amended by
deleting the language "within ten (10) business days" and substituting "within thirty (30)
business days".
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.