When you are thinking about taking a physician contract, it’s natural to be excited and to look forward to a long career. There can be pitfalls for the unwary, however, and here are some questions wich may help you avoid those pitfalls.
Q: Should I hire a lawyer to review my physician employment contract?
A: In general, yes. The choice of a lawyer is critical. Find someone well versed in medical contract law, as well as the state’s laws in which you will practice. Try to find an attorney recommended by someone else. Also, make sure the attorney has enough time to review the contract in a timely manner. Negotiations could be hampered by a slowed response time.
Q: If I am a resident, when should I decide upon accepting a position?
A: As a general rule, the earlier the better. The more time you have to work on license applications, hospital privileges, finding a new home and moving arrangements, the less stress you’ll encounter. Many hospitals recruit for summer positions in the fall and early winter. Don’t think all of the “good” physician jobs are taken by the end of winter. Physicians throughout the year because contract expirations can occur at any time. Don’t worry. Have confidence that the right position will be available.
Q: Who handles negotiations, me or my recruiter?
A: Whenever possible, your recruiter should handle negotiations for physician practice opportunities. Having a liaison reduces the potential for heated arguments between two parties. Keep in mind, professional recruiters regularly perform this task.
