Healthcare is one of the highest growth industries. According to the Bureau of Labor Statistics, healthcare occupations are projected to grow 14 percent by 2028, much faster than the average for all occupations, adding about 1.9 million new jobs. As hospital employment of physicians and other healthcare practitioners continues to rise, it’s important for counsel of physicians to guide their clients through the intricacies of evaluating, drafting, and negotiating medical employment agreements to ensure the best possible outcome before signing. And for the employers of physicians, including physicians who band together into “supergroups,” it is becoming increasingly more important to create effective contracts that will not only result in maintained profitability but also quality care.
Whether you are representing a physician or health care organization, do you know what you should be looking for when drafting or reviewing a medical employment agreement?
The unique features associated with medical employment contracts differ from many other employment agreements, including key provisions that pose numerous potential pitfalls. Join us for this 60-minute webcast as our expert panel delves into the issues involved when negotiating and drafting employment agreements on behalf of physicians and other healthcare practitioners, practice groups or medical facilities.
Purpose of the contract and handling the negotiation process
Recruitment and what to accept during the offer stage
Compensation (salary and bonuses; perks; outside activities; time off)
Malpractice insurance and tail coverage
Environment (duties, patient assignment, autonomy, support, location, schedule, and call)
Future equity and/or change to senior status
Covenant not to compete
Post-employment concerns (notice, grounds for immediate termination, non-solicitation, confidentiality, medical staff privilege issues and financial concerns related to termination).