3 Things That Should Be Reviewed With A Lawyer Before Signing A Physician's Contract

The first time you are handed a physician contract as a new doctor, it can be a little intimidating. These in-depth contracts cover all of the terms of your employment through a certain organization or company. Hiring a physician contract lawyer for help is the best idea. 

The responsibilities and obligations expected of you should be examined. 

One of the biggest and most important sections of a physician's contract will cover the responsibilities and obligations you will accept by signing the contract. This section will outline all of the things you are agreeing to provide while you are contracted by a certain company. For example, some of your obligations and responsibilities if you were to contract with a hospital could include: 

  • What times you will be expected to be available to provide your services 
  • What type of care you can provide to patients while under contract and how you will provide services through the establishment 
  • If you will have responsibilities outside of providing care to patients, such as managing your own administrative team 

The compensation or salary section should be examined in-depth to assure fair compensation. 

Compensation for physicians can be a little more complicated than what it is for others. Doctors can have fixed compensation and compensation that is variable. For example, your fixed compensation may be a certain salary per month no matter how many patients you treat, and your variable compensation may be reliant on how many patients you see every month. Compensation and salary in the contract should also cover things like: 

  • What will cause pay increases or decreases 
  • If your pay will change over time or at certain contract milestones 
  • Bonuses you will be entitled to as a contracted employee 

Your physician contract lawyer will go over all of the small details in the compensation section to ensure you are agreeing to terms that you are comfortable with before you sign the contract. 

The benefits sections should be carefully assessed to ensure it is what you expect. 

The benefits section of your physician contract covers what benefits you are entitled to by being a contracted employee for a certain organization. Even though it is easy to assume that the benefits section is a straightforward thing, it is imperative that you have legal guidance while you examine this section. Contracted employees are sometimes not provided the same benefits as other employees, and some things may be negotiable.           

For more information, contact a resource like Kim Oliver Attorney At Law.                                                                       

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