As a physicians’ attorney who focuses his practice on physician contract review, I have been involved in some truly horrendous physician contract horror stories after physicians have signed agreements they did not understand. Here are just a few of the “war stories” I have experienced. Physician Contract Horror Stories Chapter One: 24/7 Call “For a …
The Great Resignation in healthcare is producing tremendous challenges for physicians. In particular, many “senior” physicians (some as young as 50 years old) are simply throwing in the towel and resigning rather than continue with the brutal schedules imposed by many employers. As physicians leave, it is becoming increasingly difficult to recruit new talent, so …
The Great Resignation in Healthcare – A Great Opportunity to Renegotiate Read More »
When a physician employment agreement offer is made, the employer has decided that you are the one, so don’t hesitate to get a fair deal!
Medical practice purchase agreements are usually complicated transactions. This post intends to give you a sense of some of the issues you will run into.
Unlike at Lake Wobegon, where “all the children are above average,” this health system believes that all physician compenstation should be average.
Sales of medical practices to a hospital can be imtimidating; however, we have learned they all usually follow the same trends.
Without cause termination in physician employment contracts can be stressful for the physician, but there are beneficial aspects that can be exploited.
Here are a few things that every physician needs to know about medical record provisions in physician employment agreements.
What you need to know about negotiating physician employment agreements BEFORE you get too deeply involved in the recruitment process.
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.