The Ultimate Guide to Finding the Right Job

This is a one-of-a-kind single source compendium of employment advice for residents looking for their first job and physicians looking to make career changes. For the first time, important issues such as geographic considerations, partnerships, salaries, legalities, starting an effective job search, interviewing tips, contract negotiation, are all discussed in detail by someone who's been there and lived it.

Koushik K. Shaw, MD is a Urologist in group specialty practice. He has won several awards and honorary fellowships for his teaching and medical expertise, and has coauthored and presented many research projects on surgical techniques and outcomes in urology.

Preface

ix

Acknowledgments

xi

Planning Your Career Search

1

(2)

Who are You? Profiling the Candidate

3

(20)

Common Pitfalls

16

(7)

Where Do You Want to Work? Finding the Ideal Practice

23

(14)

Solo Practice

23

(2)

Joining a Solo Practice

25

(2)

Joining a Single Specialty, Small Group Practice

27

(2)

Single Specialty, Large Group Practice

29

(2)

Joining a Multispecialty Group Practice

31

(1)

Academic Practice

32

(4)

Locum Tenens (Flexible Contracts Involving Varying Duration and Geography)

36

(1)

Government (Veterans Affairs, Public Service, etc.)

36

(1)

The Curriculum Vitae

37

(10)

Starting Your Search

47

(6)

Locating Leads

47

(2)

Recruiters

49

(2)

Pitfalls

51

(2)

Preparing for the Interview

53

(10)

Interview Questions

54

(1)

Preparing Answers

55

(5)

Work Surroundings

60

(1)

Financial Analysis

61

(2)

Understanding Salary and Compensation Arrangements

63

(14)

Physician Recruitment Agreements

64

(6)

Compensation Based on Productivity

70

(1)

Compensation Based on Group or Physician Net Income

70

(1)

Formula-Based Compensation

71

(1)

Fixed Salary

71

(1)

Relative Value Unit-Based Salary

72

(1)

Bonuses

72

(1)

Special Considerations for Those Considering a Career in Academia

73

(1)

Note on Ancillary Revenue Streams

74

(1)

Overview of Expense Structure

75

(2)

Financial Due Diligence: Investigating the Practice

77

(6)

Negotiating a Fair and Proper Contract

83

(20)

Part I: Compensation

86

(7)

Part II: Terms of Employment

93

(5)

Part III: Termination

98

(5)

The Credentialing Process

103

(4)

An Overview of Solo Practice Setup

107

(10)

Solo Practice Considerations

107

(1)

Getting Started (1 Year Ahead)

108

(1)

Getting Serious (9 Months Ahead)

109

(1)

Establishing Benefits and Insurance (6 Months Ahead)

110

(1)

Designing and Outfitting Your Practice (6 Months Ahead)

111

(1)

Contracting with Insurers (4 Months Ahead)

112

(2)

Assembling Your Team (3 Months Ahead)

114

(1)

The Final Details (1 to 2 Months Ahead)

114

(1)

Almost There! (The Weeks Ahead)

115

(2)

Basic Practice Finance 101

117

(4)

Appendix 1. Resources

121

(6)

Appendix 2. Physician Compensation Guide

127

(2)

Appendix 3. Physician Compensation and Benefits Worksheet

129

(4)

Index

133

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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The Ultimate Guide to Finding the Right Job After Residency

Summary

Author Biography

Table of Contents

Supplemental Materials

FREE SHIPPING

Rent More, Save More! Use code: BBRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

The Ultimate Guide to Finding the Right Job After Residency

Summary

Author Biography

Table of Contents

Supplemental Materials

Digital License