RESIDENTS AND FELLOWS

Having a wife who is a physician, Jim Kelso has lived through the end of residency and understands the importance of helping residents manage their transition from residency to private practice. He understands what it is like when you interview and get the job you want. We also know what it feels like when you get the Employment Agreement in your inbox!

Our firm has the expertise to review contracts for residents and fellows and provide a detailed report on the positive and negative features of the agreement. We will also provide recommendations and offer contract negotiation services to maximize your benefits and reduce the risks.

Since residents rarely get exposure to the business of health care, this makes reviewing a detailed employment contract their first experience in managing their new role as a business partner. It is critical that you review the agreement with a professional prior to executing the agreement. The impact of negotiating your employment contract will have long lasting implications. We offer reduced rates for Residents and Fellows.

ESTABLISHED PHYSICIANS

It is not uncommon in this environment for Established Physicians to move between employers. Many Establish Physicians may never have been an owner of a private practice or they may have sold their practice and become an employee physician. Regardless, Established Physicians change jobs more frequently and for many reasons.

Our firm has the expertise to review contracts for established physicians and provide a detailed report on the positive and negative features of the agreement. We will also provide advice to physicians who are forming new practices and help establish partnerships as well. Lastly, we will review office space leases, equipment leases and office and staff sharing arrangements.

COMMON RISKS ASSOCIATED WITH NOT HAVING YOUR CONTRACT REVIEWED:

  • Not requesting changes to your agreement because you are unfamiliar or uncomfortable with the negotiation process
  • Unfair non-compete clauses
  • Bad call schedules
  • Poor vacation structure
  • Unfair or bifurcated partnership tracks
  • Assume that friends and family have the ability to identify and remedy negative terms of your contract
  • Contract provisions that violate Stark and the Anti-Kickback Statutes and Regulations
  • Practicing without the appropriate amount of malpractice coverage

BENEFITS ASSOCIATED WITH HAVING YOUR CONTRACT REVIEWED:

  • Practicing without the appropriate amount of malpractice coverage
  • Expertise in negotiating Physician Employment Agreements
  • A professional with your best interests in mind
  • Developing negotiating strategies with out straining the potential employment relationship
  • Ability to present legal concepts in an understandable format
  • Someone who appreciates the resident’s perspective

 

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Contract Review Quote

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