The Final Hurdle: A Physician's Guide to Negotiating a Fair Employment Agreement

Get Your Career Off on the Right Track! Everything Physicians Need to Know About Employment Contracts COMPENSATION AND BENEFITS Dangers of productivity compensation Common incentive compensation formulas what needs to be included Benefits to look out for in addition to your compensation How to determine if you are "disabled," and how the employer should NOTbe able to make this determination What the employer can, and can't negotiate as far as benefits Stark law traps, and how to avoid them RESTRICTIVE COVENANTS What's really important in restrictive covenants, and what isn't worth negotiating over Minimizing the impact of a restrictive covenant How you can be released from a restrictive covenant Negotiation strategies in buy-outs of restrictive covenants CALL COVERAGE The language you must have DEFINING WHAT IS EXPECTED OF YOU Patient contact hours expectations What flexibility an employer will demand THE TERM OF THE AGREEMENT Issues with hospital and managed care credentialing, and how to work around them Grounds for termination "Without cause" termination issues OTHER ISSUES IN AGREEMENTS TO WATCH OUT FOR Medical record issues Assignment of location of service Budgetary weasel language to avoid Malpractice issues in common provisions MALPRACTICE INSURANCE The types of coverage, and the significance when you leave Need for "tail coverage" How to minimize the devastating cost of "tail coverage" PRIVATE PRACTICE ISSUES Time to ownership Concerns with "guaranteed" ownership Costs of the buy-in Methodologies for determining the buy-in, and the pros and cons of each Why a cheap buy-in may not be in your best interest What provisions are absolutely vital in regard to future ownership