Will you be signing a contract soon?
Be prepared before you sign on the dotted line! Get a physician contract expert to review your employment agreement.
Get access to our advisory group who has served physicians (since 1982) at over 200 institutions, medical centers, and medical schools nationwide, which includes over 400 residency and fellowship programs, and has reached all specialties.
Submit your request here: Employment Contract Review Form
Go to our Contract Review Options page for details on each level of service offered.
After completing the request form, if you do not have an electronic version of your contract, you can fax it to: 402-391-0608 or mail it to Physician Advisors LLC - 9850 Nicholas Street, Suite 305 - Omaha, NE 68114.
For more information, see below:
Reasons why you should examine your contract carefully:
- You could find out that your compensation is actually a loan, and if your business productivity doesn’t cover the loan, you might have to pay it back!
- You could become a victim of the practice’s financial mismanagement. Many physicians have lost their job, were forced to move and had to file lawsuits to regain money due to them.
- Every contract has 100+ areas that must be examined to protect you.
Contract reviews are a benefit offered to our clients that include a 100% satisfaction guarantee.
Each of the attorneys in our network are physician contract experts. All have law degrees from ABA Accredited Law Schools and have many years of experience consulting with clients on contracts, and regularly work with physicians and physician practices.
In addition to their professional qualifications, these attorneys have a personal connection with the healthcare industry. For example, one of the attorneys has family members i.e. spouse that is a physician, who now practices medicine and has been through the process of medical training and contract negotiation.
This personal experience is invaluable and enables the attorney to relate well to his clients during the contract review process. As you can imagine, this makes the contract review comfortable and pleasant for our clients.
Physician Advisors provides employment contract education by offering:
To make a reservation for one of the above services, send a request to RSVP@PhysicianAdvisorsLLC.com.
Physician Advisors has the answers to the following questions:
- What is the contract signing process like?
- What do I need to be aware of in the contract?
- What leverage do I have to negotiate?
- How do I make sure there is nothing missing from the contract?
- How do I determine that it is a good offer?
- How can I effectively utilize an attorney?
The first few years of a physician's practice builds a stable foundation for the rest of his or her career, yet almost 50% of all new doctors leave their practices in the first three years, according to the 2008 Physician Retention Survey by Cejka Search and the American Medical Group Association.
Your first employment contract outside of a residency or fellowship is one of the most important aspects of your financial life as a medical professional. Remember, your financial success depends on a solid foundation and this is one of the building blocks.
A physician contract most likely will cover the following: termination, compensation, bonuses, fringe benefits, health insurance, malpractice insurance, dues & licenses, journals & CME costs, vacation & sick pay, maternity options, malpractice tail, and restrictive covenants. Is anything missing? Items not in the contract actually can be more important than what is there.
Before you sign the most important contract of your career, ask Physician Advisors for access to its network of attorneys who offer contract reviews through our advisory programs. The standard rate at law firms for such legal assistance usually begins at $1,000. If you'd like to know more about our contract review service, send us a note.