Key Factors in Hospital Employment Contracts

Hospital Employment continues to be an increasing trend in physician employment models. However American Medical News recommends physicians keep in mind the following 7 items before signing a hospital employed contract:

1. Job Description
2. Restrictive Covenants
3. Outside Activities
4. Payment Recoupment
5. Tail Coverage
6. Call Coverage
7. Contract Termination

Before physicians sign any employment contract it is important they understand not only the terms of their compensation but key factors in the entire employment picture. If both parties have a comprehensive understanding of exactly what the incoming physician will be doing including all responsibilities, precisely how they will be compensated including any production or RVU based bonuses, and all other requirements of the position it will avoid confusion and possible unpleasantness after the contract has been signed.

Read the full article in American Medical News, or click here:
http://www.ama-assn.org/amednews/2011/12/19/bisa1219.htm