Help - Glossary

Employee (IRS form W-2)
An "employee", will receive from his employer an Internal Revenue Service (IRS) form "W-2". Typically an employee will receive employee benefits such as medical insurance, retirement and paid time off. An employer will withhold Social Security, Medicare and income taxes. An employer will match Social Security and Medicare taxes.
Automatically renews as long as neither party objects.
Exclusive Contract
An exclusive contract means that only the contracted Anesthesia Group can work at the facility. Only anesthesia providers approved by the Anesthesia Group can work at the facility. Generally, in order for an Anesthesia Group to obtain an "exclusive" contract, it must agree to supply all of the anesthesia needs of a facility.
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