How the FTC noncompete ban affects nonprofit providers

How the FTC noncompete ban affects nonprofit providers 
Modern Healthcare; by Alex Kacik; 4/25/24 
The Federal Trade Commission’s ban on noncompete agreements will apply to some healthcare nonprofits, lawyers said. ... In the final rule, the FTC offers an example of a nonprofit hospital that employed 100 physicians. The commission would have jurisdiction “because the organization engaged in business on behalf of for-profit physician members,” the rule states. ... The FTC created a carve-out for senior executives in the final rule. Existing noncompete agreements with senior executives, defined as workers who earn more than $151,164 a year and are in policymaking positions, can remain in place. But employers are barred from enforcing new noncompete provisions with senior executives.
Editor's Note: For a broader summary of this rule, see "How the FTC's ban on noncompetes will shake up healthcare workforce strategies" in our newsletter today.