8. records
8.01 ACU-CARE and Provider shall each maintain records with respect to any matters necessary for the proper administration of this Agreement.
8.02 Provider shall maintain medical records for each Beneficiary in accordance with applicable law.
8.03 Upon termination of this Agreement for any reason and upon the request of any Beneficiaries, Provider will promptly transfer the Beneficiaries’ medical records to their new provider. Provider is entitled to reasonable charges for transferring such records.
9. insurance coverage
9.01 The Provider shall carry professional liability insurance with a minimum coverage of $1,000,000 per incident and $3,000,000 in aggregate. The Provider acknowledges that certain Payor Agreements may require additional insurance coverage, which the Provider shall obtain if they elect to participate in such Payor Agreements. Provider shall carry Premesis liability coverage with a minimum coverage of $1,000,000 per incident and $2,000,000 in aggregate.
9.02 Provider agrees to maintain professional liability insurance for the amount required under Section 9.01 above until the statute of limitation expires for filing of claims pertaining to Health Care Services or Benefits rendered by Provider.
10. arbitration
10.01 If the parties can not settle disputes between themselves in an informal and expeditious way, both parties agree to bind- ing arbitration by the American Arbitration Association.
10.02 In the event that either party institutes any arbitration or suit to enforce or interpret the provision of this Agreement, the prevailing party shall be entitled to recover its reasonable Attorneys’ fees and costs.
10.03 Each party agrees to notify the other party at the time a lawsuit is initiated concerning any dispute with any third person or entity that is relevant to any rights, obligations, or other responsibilities or duties provided for under this Agreement
11. entire agreement; amendment
11.01 This Agreement is the entire agreement between the parties and may be amended only by mutual written agreement of the parties.
12. independent contractor
12.01 Provider renders his/her services under this Agreement as an independent contractor. Neither ACU-CARE nor Provider is an agent, employee or representative of the other, except as specified in this Agreement.
13. non-exclusivity
13.01 Provider may continue to render services to Providers’ own patients independent of this Agreement.
13.02 Provider may contract directly with any insurers, health care service plans or third party payors and/or with any independent practice associations, preferred provider organizations, exclusive provider organizations or other managed care entities.
14. severability
14.01 If any term, provision or condition of this Agreement is held by a court to be invalid, void or unenforceable, the remainder of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated as a result of such decision.