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These experts offer you the following 4 tips for negotiating a satisfying and surprise-free physician employment contract.Begin negotiations with your offer letter.Read and appreciate what you're signing.Know the most important provisions to address.Recognize the contract's purpose.
As an employed physician, your contract should include a detailed description of what is expected from you. This includes the type of medicine being practiced, the amount of hours you are expected to work, your availability and on-call hours, outpatient care duties or administrative duties.
Follow these steps to put an effective performance agreement in place for your staff:Start With Expectations.Build in Milestones.Agree on the Terms.Schedule Accountability Meetings.Establish Outcome Results and Consequences.Sign and Date It.
Negotiating Insurance Contracts: 8 Steps to SuccessTip 1: Determine which insurance company lags the most in terms of compensation.Tip 2: Know your data, know your contract.Tip 3: Make the phone call and ask.Tip 4: Draw your line in the sand; be prepared to take action.Tip 5: Mobilize your patients.More items...
8 physician employment contract items you need to know aboutUnclear work expectations. There are many potential pain points in any working relationship.Unreasonable non-competes.Where is the tail coverage?Unrealistic incentives.Termination language is unclear.Indemnification clauses.Intellectual property.