- 26 - information of SWMG, including "patient lists" and "patient medical records". The PEAs provided in addition that the Physician shall not use any information obtained in the course of his or her employment with * * * [SWMG] for the purpose of notifying patients of * * * [SWMG] of the termination of his or her employment, or of his or her willingness to provide medical services; provided, however, the departing Physician may give written notice to the Departing Physician's patients named in the Departing Physician's patient list furnished to SMF on or before the [November 1, 1994] Effective Date [of the PEA], announcing the Departing Physician's separation from * * * SWMG and his or her new practice location, and offering the patient an opportunity to choose whether his or her patient records should remain with SMF or be transferred to the Departing Physician. We shall hereinafter refer to the foregoing patient notification right, together with the PSA's exemption from its noncompete provision for SWMG physicians who ceased employment with SWMG, as the free-to-compete provision. Each affiliating UHMG physician (or partnership), including petitioners, agreed to sell his/her (or its) medical practice assets to SMF pursuant to an APA. Although each seller entered into a separate APA with SMF, the APAs were virtually identical.19 Pursuant to article 1 of those agreements, SMF agreed to purchase from each seller "all of the fixtures and personal property of every kind and description, whether tangible or intangible and wherever located, * * * used in the operation of [the seller's] business." Those assets included the seller's fixed assets 19 The APAs were prepared from master agreements that were customized for each seller.Page: Previous 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 NextLast modified: March 27, 2008