Restrictive Covenants in Employment Contracts: What They Mean For You

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Unless you own a private practice, almost every physician will have to sign an employment contract at some point in their career. And those contracts include all sorts of confusing language, legal jargon, and specific terms.

Physician contracts include details on salary, benefits, and the responsibilities of the position. They detail when you will work, when you have to be on call, and any administrative duties that you are responsible for handling. More often than not, they also include restrictive covenants.

Physicians need to be aware of restrictive covenants and know how they can affect them.

If you’re getting ready to sign a new contract with a hospital or healthcare system, you’ll need to know what to look for and how to protect your interests.

Here’s what you need to know about restrictive covenants in physician employment contracts and what they mean for you.

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Everything You Need to Know About Physician Contract Review

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A professional contract review by a lawyer is one of the most essential steps any physician can take before accepting a new job offer. A physician’s employment contract is worth millions of dollars. And typically contains financial complexities that even experienced doctors require a second opinion to evaluate. To fully assess how an employment offer … Read more

How To Increase Your Income As A Physician

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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.

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

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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

What Happens When a Doctor Breaches Their Employment Contract?

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It’s a story that’s all too common. A doctor receives an exciting job offer. He quickly signs the employment contract without thorough negotiation or review. The very last thing on his mind is breaching his contract in any way. As time goes by, however, the doctor wants to leave the position (70% of doctors stay … Read more

What’s Included in a Doctor’s Benefits Package?

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Disability Insurance When a doctor is weighing a job offer, a benefits package can be a deciding factor that prompts her to accept or walk away from a potential position. A benefits package contains everything from vacation time to dental insurance. And understanding the fine print is critical to evaluating an employment contract. A professional … Read more

Five Common Misconceptions about Physician Contract Reviews

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Professional contract review is one of the final steps that a new doctor must take before securing their first official job. And yet, many residents and fellows are largely in the dark about the details of the professional contract review process when they receive their first employment offer. Our team of physician contract attorneys and … Read more

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

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

Do Contract Reviews Work?

Contract reviews can be expensive. Do contract reviews work?

We define anticipation as a feeling of excitement about something that is going to happen. Or the act of preparing for something. On average, physicians spend at least 10 years in training and preparing to step into their career. When that day finally comes you’re presented with a 10–30 page document outlining and describing in great detail the minutia of the offer. Read more to learn about contract reviews!

In most cases, comparing the awareness level of what’s actually included in the contract or isn’t included, is a bit lopsided. On one side of the table is the health care organization or practice with their team of attorneys and on the other side of the table is, you. Being presented with the offer usually leads to many different emotions. All in the midst of trying to evaluate the compensation, benefits, implications, ramifications and details of a legal document.

The majority of physicians who interview and then get presented with a job offer and contract usually feel that they either can’t negotiate, shouldn’t negotiate, or that there really aren’t areas for negotiation, that the offer is what it is.

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