Physician employment contracts encompass relationships between doctors and savvy hospitals/health systems, academic medical centers, and private practices. These contracts have evolved into sophisticated instruments drafted principally for the benefit of the employer. They specify the duties and obligations of the physician (from patient-care hours to on-call duties), outline compensation, address malpractice insurance coverage (often inadequately), and delineate termination rights. This article seeks to raise awareness of four key contract areas and highlight some related negotiation tips.
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