Understanding Physician Employment Contracts When Joining a Hospital
Category: Practice Management
Physicians presented with a new employment agreement from a hospital may feel as if they are unable to negotiate any of the terms and conditions contained in the agreement. While certain terms may be non-negotiable and considered industry standard, there are many provisions in a hospital employment agreement that may be negotiated. Even in instances where the provisions of the agreement are truly non-negotiable, it is important for the physician to understand fully the terms of the agreement. Furthermore, even if the hospital refuses to change a provision, they may provide clarification of the intent of a provision which, especially if provided in writing (including email) would be helpful to have in hand.
Executing an employment agreement without paying attention to the details is a mistake that can impact a physician both financially ...
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