Restricts use of restrictive employment covenants for physicians and nurses.

This bill prohibits most geographic restrictions in employment contracts for physicians in New Jersey, making clauses that limit where physicians can practice after leaving a job void and unenforceable. Exceptions include restrictions for leaving large hospital systems (30+ physicians) or small systems (30 or fewer) to join similar-sized systems in the same area, restrictions after leaving federally qualified health centers within 5 miles for up to 4 years, and restrictions tied to "unique incentives" like signing bonuses over $50,000. The bill does not affect non-restrictive contract terms and applies immediately to new physician contracts. It directly impacts physicians and their employers in New Jersey, particularly in hospital systems and group practices.