We look at Buy-In and Professional Liability Insurance provisions in this fourth part in the Physician Contracting 101 series. A Physician Employee Contract often includes a provision for a “Buy-In” of the practice, and sometimes of a building, plus a Professional Liability Insurance provision. Physicians considering employment with a hospital or a physicians’ group will
April 2014
Iowa Medical Society Makes Historic Change
Do you ever get to a point and wonder where the time has gone?
As I sit here writing this post, I am having one of those moments. I cannot believe the Iowa Medical Society (IMS) annual meeting was the weekend of April 12 and 13 (over a week and a half ago). Many great…
Physician Contracting: Compensation and Bonus Provisions
Compensation and Bonus provisions in physician employment contracts are incredibly important. In my practice in dealing with physicians, many times if they are unhappy with the contracts they are currently in, it has to do with compensation and how it is being determined. It is incumbent upon you, and me as your counsel, or whoever…
ICD-10 Update
Just a quick note that on Tuesday, April 1, 2014 (not an April Fool’s joke), President Obama signed H.R. 4302, which was passed by the Senate on Monday. This law, in addition to providing another 12-month patch to the S.G.R. formula for Medicare payments for physicians, delays implementation of ICD-10 until at least October 1,…