Medical Practice Buy-Ins

Being offered a medical practice buy-in to become an owner in your medical practice is an amazing accomplishment! Obviously, at this point the owners of the practice are satisfied not only with your clinical abilities, but with your people skills. Being offered the opportunity for a medical practice buy-in is one of the highest compliments that can be bestowed upon a physician. Although this opportunity is unquestionably exciting, having an experienced physicians’ attorney review the documents can ensure that you are being treated fairly, and can confirm if you are going to have the same decision-making authority as the other owners. Our experience in reviewing physician employment agreements will let you know if there are any pitfalls in your new employment agreement. We will also review the buy-in documents, and the corporate governance documents to assure that there are no surprises. If desired, we can also look at the financial and tax documents to determine if there are issues you should be concerned about (e.g., large lines of credit or other debt).

Physician Prosperity Program

How It Works

After purchasing the physician contract review, you will receive an email asking you to transmit the agreement and any concerns you have to me. Many physicians do this by email, but I will be available by phone, too. In three business days from the time you purchase the Physician Prosperity Program® and transmit the draft physician employment agreement along with any concerns you have about the agreement and the information I will need to perform the MGMA analysis, you will receive a detailed physician contract review letter from me.

After you receive my physician contract review letter, you will have the opportunity to discuss it with me, to make sure all of your concerns were met, and to correct any factual inaccuracies, or to point out things that were verbally promised but didn’t make it into the physician employment agreement. These discussions, and revisions of the letter following these discussions, are included in the initial fixed fee.

Once you are completely comfortable with the physician contract review letter, you transmit the letter to your potential employer.