Physician Contract Termination: How to Protect Your Interests

October 21, 2022April 6, 2020 by Justin Nabity

Physician contracts are legally binding documents that contain all the terms of your employment. In addition to details about your salary and benefits, contracts also include termination clauses.

The termination clause is a key part of the contract, both for physicians and employers. Before ending your contract or firing an employee, it is important that you understand every aspect of the termination clause.

Ready to learn more? Here is our guide to physician contract termination and how to protect your interests.

Hospital Credentialing: What to Expect as a Physician

November 4, 2022March 17, 2020 by Justin Nabity

It doesn’t matter whether you work in private practice or work for a hospital group. Almost every physician has to go through credentialing and privileging at some point in their career.

These two terms are commonly spoken in the medical community, but do you really know what they mean? Do you know what they’re for or what it takes to get approval?

Credentialing and privileging take place after you’ve received licensure. Without your medical license, you will not be able to get credentialed or obtain privileges.

Today we’re discussing why credentialing and privileging are so important. We’ll explore why they matter so much to your career, and we’ll outline the processes for approval for each. We will also lay out a detailed step-by-step guideline as to how you should approach each one.

Keep reading to learn all about hospital credentialing and what to expect as a physician.

Your Step by Step Guide to Becoming a Physician Consultant

November 7, 2022March 12, 2020 by Justin Nabity

There are dozens of physician specialties. From hospitalists to cardiologists to surgeons, most physicians focus on one specialty and work strictly within that area of medicine.

Yet some physicians don’t practice medicine at all.

Some physicians work as physician consultants instead.

Today we’re discussing what is physician consulting, where physician consultants work, and who they work for. We’ll also break down the steps you’ll need to take to work in this unique capacity.

Here is our step-by-step guide to becoming a physician consultant.

Physician Work-Life Balance: A How-To Guide for New Doctors

June 27, 2024January 8, 2020 by Justin Nabity

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Today’s generation of young professionals are increasingly interested in the idea of “work-life balance.” They care about their careers, but they also care about how their jobs affect quality-of-life outside of the workplace. For young physicians who are emotionally and financially invested in their first jobs, finding a work-life balance can be especially challenging. Fortunately, … Read more

How Moving Can Help Physicians Pay Off Student Loans

October 18, 2022October 17, 2019 by Justin Nabity

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In 2018, the average student loan debt for a medical school graduate was a whopping $190,694. Moreover, for a physician with a loan balance of $190,694 on a standard 10-year repayment plan, monthly repayments would cost about $2,000. Looking at these figures, it’s understandable why most new doctors are anxious to secure an attending position. … Read more

How To Increase Your Income As A Physician

December 18, 2024July 23, 2019 by Justin Nabity

It’s no secret that compensation can be a difficult discussion with potential employers.

Here, we’ll give you everything that you need to navigate that discussion and start earning what you’re worth.

We’ll delve into understanding your worth, evaluating (and prioritizing) the roles that will bring you the most happiness, and the four key factors to review within the contract negotiation phase.

How Long-Term Disability Insurance Can Protect Visa and Green Card Holders

October 19, 2022May 24, 2019 by Justin Nabity

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Long-term Disability The possibility of becoming too sick or injured to work is a sad prospect for any physician. And even more so for doctors who rely on a green card or visa to stay in the United States. A long-term disability poses a serious risk to both the earning ability and the residency status … Read more

Physician Focused: The 3 Things Residents Need to Look for in Their Employment Contract

December 10, 2024May 6, 2019 by Justin Nabity

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Originally Posted by Erin Dabbs from Physician Focused on Apr 2, 2019 You’ve received your first-ever 40-page contract from an employer. It’s your first job offer and you deserve it. What feelings come to mind when thinking about coming back around to the employer and negotiating? It’s normal to want to avoid sounding greedy, not … Read more

The Doctor’s Life Podcast 043- All About The Situation

June 27, 2024September 19, 2016 by Justin Nabity

Maybe you’ve been there before; Wanting out of your employer so bad, you’d probably take anything at this point. When something does comes your way, you realize it’s not ideal, but you still really want to take it because it’s not your current employer. You pass on it though and wonder if that perfect situation … Read more

What Do You Do About Your Job When Your Life Changes?

June 27, 2024July 18, 2016 by Justin Nabity

Job and Life Changes

There are so many ways your life can take a turn, a change in direction. Which sends you down an entirely different path than you were going on. What do you do with your job when this happens? You might’ve launched your career years ago and have built up a great patient base with the years ahead looking bright because of all the hard work put in.

It could be a management or ownership change that impacts the culture where the environment goes from being “the work you enjoy” to “the work that pays the bills.” In other cases it might be a business change which impacts reimbursements. Or how you are compensated. These are the risks of being in the business world and we are all susceptible to them.