Understand the concepts of an “Entire Agreement” contract provision. Physicians weighing an employment agreement with a hospital or with a physicians practice group especially benefit from fully comprehending this type of provision in an offered employment contract. Physician Contracting 101, Entire Agreement Provisions, by Paul Drey – YouTube.
Typically, upon your leaving, a Non-Compete provision will come into play. A hospital or physician group will want to try to restrict and limit it as much as possible. Make sure you understand both the Termination and the Non-Compete provisions, and you will be much happier both in your current contract, and in the event… Continue Reading
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… Continue Reading
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… Continue Reading
Much of my practice focuses on physicians’ and physician groups’ business and contracting needs, including employment contracts specifying physician duties and responsibilities. We are going to look at some key provisions within your employment contract, specifically those on physician duties and responsibilities. Physician duties and responsibilities are identified within your employment contract in provisions that… Continue Reading
Physicians increasingly consider employment as a viable option for conducting a healthcare practice, indicative of the current national trend toward hospitals employing physicians. In my practice, I work extensively with physicians and physician groups. I am introducing a series of brief videos to provide a preview of essential elements of employment contracts offered by a hospital,… Continue Reading
Based on the current playing field and environment, the trend is clear that hospitals and physicians are entering into employment relationships. According to the 2012 edition of AHA Hospital Statistics, hospitals’ employment of physicians jumped 32% from 2000 to 2010. It is difficult to know whether this trend will continue. History has shown that it… Continue Reading