Texas HB4504 amends restrictions on non-compete agreements for physicians and certain health care practitioners.

Texas HB4504 amends the Business & Commerce Code to impose specific restrictions on non-compete agreements for physicians and certain health care practitioners. The bill mandates that such agreements must include a buyout option not exceeding the practitioner's annual salary at the time of termination, expire within one year of contract or employment termination, and limit the restricted geographical area to a five-mile radius. Additionally, the agreements must allow access to patient lists and medical records under certain conditions.

Texas HB4504 amends restrictions on non-compete agreements for physicians and certain health care practitioners.

Texas HB4504 amends the Business & Commerce Code to impose specific restrictions on non-compete agreements for physicians and certain health care practitioners. The bill mandates that such agreements must include a buyout option not exceeding the practitioner's annual salary at the time of termination, expire within one year of contract or employment termination, and limit the restricted geographical area to a five-mile radius. Additionally, the agreements must allow access to patient lists and medical records under certain conditions.