Physician Contract Review and Compensation Analysis
Get what’s fair.
You Need to
GET WHAT YOU DESERVE
Avoid the traps so carefully laid by the employer’s attorney. It’s only natural to be confused by the legalese in your employment agreement, but a thorough legal and compensation analysis will help you get a fair contract.
How I Can Help You
The Physician Prosperity Program® includes a complete, fixed fee, physician contract review and compensation analysis personally performed by attorney Dennis Hursh, author of The Final Hurdle – a Physician’s Guide to Negotiating a Fair Employment Agreement.
I protect physicians in all 50 states.
The Physician Prosperity Program® includes:
- Analysis of the contract language in each provision, with detailed recommended replacement language to protect you against hidden pitfalls in language designed by the employer’s attorney
- Comparison of the compensation provisions with MGMA benchmarks for your specialty in the employer’s area, including an analysis of vacation, CME, guaranteed compensation, productivity compensation, signing bonus, and relocation allowances. Our physician contract review letter will point out any shortfalls (and our email to you will tell you when a benchmark has been exceeded by the offer), so you know if you are getting a reasonable offer, or if you are “leaving money on the table”
- Discussion of the benefits offered, including what benefits other physicians have received that are not contained in the offer
- Analysis of the restrictive covenant to make sure you can still practice medicine in this location if you leave this position
- Review of the call coverage requirements. My physician contract review letter will include suggestions for additional payments when the call coverage exceeds benchmarks – to avoid “death by 24/7”
- Analysis of the malpractice insurance provisions – the wrong language can cost you as much as four months’ pay if you leave
- If you are joining a private practice, I analyze the time until ownership, the buy-in calculation methodology, and assurances about your rights as an owner – and suggest changes where appropriate to protect you
- Discussion of other issues, including patient contact hour requirements, and concerns about starting work when scheduled, so you don’t end up moving to town and not being allowed to work
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 Dennis. Many physicians do this by email, but Dennis will be available by phone, too. In one week 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, you will receive a detailed physician contract review letter from Dennis.
After you receive our physician contract review letter, you will have the opportunity to discuss it with Dennis, 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.
ABOUT OUR FOUNDER
If you have received the first draft of an employment agreement, you probably find yourself in a dilemma. You don’t want to make a mistake and accept an unfair agreement that you know was drafted by a lawyer for the employer who is focused on getting the best possible arrangement for the employer. At the same time, you don’t want to alienate your future colleagues. My experience as a physician’s attorney assures that you can get the best deal possible, without unduly upsetting the employer.
If you have been offered partnership, you may be worried that you won’t be a “real” partner with the same rights as the other physicians. If you are considering selling your medical practice, you need to obtain the maximum value for your practice (and your time). In either of these situations, my experience assures you will get the best possible deal without antagonizing the other side.
I am exclusively devoted to increasing physician career satisfaction by reviewing and negotiating fair physician agreements. I am a veteran physicians’ attorney who has provided professional legal reviews helping physicians for over 30 years. My practice is based in Pennsylvania, but I assist physicians in all 50 states.
My extensive experience in physician contracting led me to write the definitive book on physician employment agreements, “The Final Hurdle – a Physician’s Guide to Negotiating a Fair Employment Agreement”.
I would like to help you achieve success (however you define it) in the important contract you are facing.
I Will Help You Every Step Of The Way
I understand that your job is important, but there is more to your life than healing others. You are not “just” a physician. I have been providing professional legal reviews helping physicians for more than 30 years. I can review and negotiate the contracts that cover your employment, medical practice buy-ins and sales, and even sophisticated managed care arrangements. This is my craft. You don’t need to enter important physician contracts blind. Let my experience protect your interests.
The Final Hurdle
A PHYSICIANS GUIDE TO NEGOTIATING A FAIR EMPLOYMENT AGREEMENT
Dennis Hursh, a physicians’ contract attorney who has been providing professional legal reviews helping physicians since 1992, pulls back the curtain and tells physicians what they need to know before they sign a physician employment agreement. Dennis will help you understand the pitfalls in common compensation models, and will also warn you about several aspects of physician employment agreements that can devastate the unwary.
He also gives valuable advice on how to deal with letters of intent (sometimes called term sheets). You will learn the key components in potential ownership of a private practice, and potential traps in recruitment agreements. Finally, Dennis will give you sound advice on negotiation of your physician employment agreement, to assure that you get a fair and equitable agreement. The first employment agreement can set the stage for the rest of your career, so make sure it’s reasonable!
WHAT PEOPLE ARE SAYING
I have received too many calls concerning physician contracts during COVID. The calls generally have the same underlying issue: “My employer cut my pay by X%, and I do not see anything in my contract that allows them to do that.” Generally the physician is correct. Although new contracts I am reviewing now often do
Most physicians are familiar with the Medical Group Management Association (“MGMA”), but many physicians are not fully aware of what a MGMA compensation analysis reveals. Virtually every physician knows that a MGMA compensation analysis reveals salary data, but many are unaware of what else a MGMA compensation analysis reveals about physician compensation. First and foremost,
Physicians often ask me if they should use a “physician employment contract lawyer near me.” (Sometimes the word “me” is substituted with “my potential new employer.”) I think that’s a fair question, but I also think physicians should consider if a local attorney has the experience of someone who dedicates his or her career to