The "Physician Noncompete Contract Prohibition Act" aims to amend South Carolina law by adding Chapter 9 to Title 41, which prohibits noncompete clauses in contracts with physicians. This legislation is designed to protect patient freedom of choice and outlines specific impermissible restrictions on physicians' practices after the termination of their employment or partnership. Key provisions include the inability to restrict a physician's practice in any geographic area, their right to continue treating current patients, and the obligation to notify patients of their departure and how to obtain their medical records.

Additionally, the bill allows for certain recoupment of expenses related to relocation, signing bonuses, and other inducements for physicians who have worked for less than three years, provided these costs are clearly outlined in the contract. It also permits partnerships or employers to protect legitimate business interests, such as trade secrets and confidential information. The requirements of this chapter will apply to contracts or renewals entered into after the effective date of the law, which will take effect upon the Governor's approval.