Physician Job Search: Tips and Advice
Since the physician job search is at its peak nowadays, I am posting a list of topics on physician job search, including physician employment contract etc. I hope summarizing them here will make it easy for everyone to access these articles. I am a physician myself and these articles are written without bias or conflict […]
Timing your partnership in the medical practice
Many a times, an inexperienced physician is excited to find an offer of physician job where partnership is offered after the first year. Now just because he is going to become a partner aka owner of the medical practice, is not the formula for success. Timing of partnership in a medical practice is very crucial. […]
Partnership in medical practice: Pros and Cons
Every graduating medical student has dreamt of owning a medical practice. It is the ultimate goal of becoming a physician. Why do most, if not all physicians want to own their practice. There are several reasons for that. 1) Physicians are intelligent and independent creatures. They became physicians in the first place to call the […]
Strategies to consider while negotiating
PRINCIPLES OF PHYSICIAN CONTRACT NEGOTIATIONS: It is always a good idea to read a book on negotiations before you try to negotiate a contract. But here are few pointers to help you out: START HIGH. Always ask for a little bit more than you actually want. Then during negotiations you can scale down you demands. […]
The art of physician job contract negotiations
WHO SHOULD NEGOTIATE? Most the medical residents or physicians shy away from negotiations during their physician job search and would want their lawyers to negotiate with the employer. But remember not all lawyers may negotiate for you. Most of the lawyers will review your physician employment contract and tell you about the potential pitfalls. Then […]
CONTRACT NEGOTIATIONS
Welcome to the world of business. For us physicians, negotiating seems to be trivial, too downgrading a process reserved only for self centered people, selfish enough to ask what they want. WRONG! Negotiations are an acceptable part of corporate America. Remember you are no longer a resident who is supposed to learn and to work […]
Should I get my Physician Employment Contract reviewed??
Every single day we commit ourselves to a contract – it can be expressed or implied. When you drop your clothes to the dry cleaner, when you send in your car for repair, when you buy a cup of coffee there is a contract involved. Some are more obvioius – e.g. you get a cell […]
PHYSICIAN EMPLOYMENT CONTRACT
Ah! At last the dotted line. Hopefully by now you have the physician employment contract in your hand. This section helps you understand a Physician Employment Contract (PEC) also called Physician Employment Agreement (PEA). Also there are some things you want or do not want in a contract. We will go over all of that […]
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