Physician Contract Review and Negotiation

Getting your physician contract reviewed by an expert in physician employment agreements is the best way to protect yourself. Since 50% of new physicians leave their employer in the first three years and 60% in the first five years, what your physician contract says about terminating the physician contract can dictate what your experience will be when you leave.*

 

For example, you might be offered a signing bonus, guaranteed income for a defined period, a loan forgiveness plan, pension plans and/or retirement contributions and profit shaing plans, all of which are valuable options. But, if you voluntarily terminate a physician contract early or you get terminated, the unearned amount may get triggered forcing you to write a check for $20,000, $50,000 or more.

Contact us today to find out how we can assist you and get access to our network of physician contract experts. Contact Us

For other resources, go to physician contract review and negotiation.

The information provided by Physician Advisors, LLC is not legal advice, but rather is intended to provide guidance for physicians in reviewing the compensation and benefits provided in their contracts. Legal services are provided by referrals to independent law firms.

*2008 Physician Retention Survey by Cejka Search and American Medical Group Association