physician contracts

private equity buys your practice before partnership

Private Equity Buys Your Practice Before Partnership: Risks for Physicians

Leave a Comment / Medical practice, Physician Contracts /

Introduction Many physicians join a medical practice expecting to become a partner after a few years. However, when private equity buys your practice before partnership, that promised path to ownership can vanish overnight. Physicians can face renegotiated contracts, reduced benefits, or lost partnership opportunities. Understanding the risks and protecting your interests before signing an employment […]

Private Equity Buys Your Practice Before Partnership: Risks for Physicians Read More »

hospitalist employment agreements

3 Devastating Traps in Hospitalist Employment Agreements

Leave a Comment / Physician Contracts /

Hospitlalists must be aware of the 3 biggest traps in hospitalist employment  agreements. The First of the Biggest Traps in Hospitalist Employment Agreements One of the biggest traps in hospitalist employment agreements relates to provisions concerning working hours. Many hospitals have a “week on, week off” rotation. However, many hospitalist employment agreements do not include

3 Devastating Traps in Hospitalist Employment Agreements Read More »

issues for sub-specialist physicians

3 Vital Issues for Sub-Specialist Physicians

Leave a Comment / Physician Contracts /

There are three vital issues for sub-specialist physicians that must be addressed in any physician employment agreement: compensation, marketing, and maintaining proficiency in your specific sub-specialty. Compensation Issues for Sub-Specialist Physicians One of the common issues for sub-specialist physicians I have seen repeatedly when performing a physician contract review is being offered what “everybody else”

3 Vital Issues for Sub-Specialist Physicians Read More »

medical practice buy-in

Medical Practice Buy-In: What You Absolutely Must Know

Leave a Comment / Medical practice, Physician Contracts /

A medical practice buy-in is a great opportunity, but a physician shouldn’t just jump right in.  The following issues should be examined: Corporate documents (or LLC operating agreement) Appointment to management (board of directors or managers of an LLC) Buy-out provisions Owners employment agreement Financial stability of the practice Medical practice buy-in upsides A medical

Medical Practice Buy-In: What You Absolutely Must Know Read More »

starting physician employment

Starting Physician Employment: Avoid Catastrophe!

1 Comment / Physician Contracts /

What should a physician employment agreement say about starting physician employment? A physician employment “start date” may have contingencies Some contingencies,  like having a medical license and DEA registration, are reasonable Contingencies concerning hospital and managed care credentialing are generally not under the control of the physician The employment agreement should not automatically terminate or

Starting Physician Employment: Avoid Catastrophe! Read More »

malpractice insurance in physician contracts

Protect Yourself: Malpractice Insurance in Physician Contracts

1 Comment / Physician Contracts /

What should a physician employment agreement say about malpractice insurance? Malpractice insurance in physician contracts is critically important. Physicians should know the following: Determine if the employer has “occurrence-based” or “claims-made” insurance  If the employer has “claims made” insurance, tail coverage must be purchased to protect against lawsuits that are filed after termination concerning events

Protect Yourself: Malpractice Insurance in Physician Contracts Read More »

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.