Physician Recruiting: Merritt Hawkins Review

shutterstock_384569686

There are many employment opportunities for certified, licensed physicians in the United States.

In some areas of the country, physicians are in such high demand that bonuses have become almost a standard. As of 2017, physicians reported earning an average signing bonus of $30,000.

But finding a job takes time, and finding the perfect job takes even longer. That is why so many physicians turn to physician recruiters to connect them with potential future employers.

button-underpaid

Whether you’re just finishing your residency or are looking for a new job after decades in the industry, there are many recruiters that can help you find your next position.

Let’s take a look at one in particular: Merritt Hawkins.

Are you an employer looking to hire a new physician?

Are you a physician searching for a new job opportunity?

If so, here’s everything you need to know about Merritt Hawkins and why it might be a good choice for you.

Read more

How COVID-19 Is Affecting Physician Employment Contracts

AdobeStock_330297206

While COVID-19 has left no corner of the medical field unaffected, physicians around the country are experiencing the effects of the pandemic in different ways. While many pulmonary and critical care doctors are struggling to meet the needs of a growing patient load, other practices are reducing hours. As well as cutting costs and even … Read more

Understanding Your Physician Independent Contractor Agreement

shutterstock_263134652

With the exception of physicians that own private medical practices, every physician will, at some point, have to sign a physician contract. It doesn’t matter if you work as an employee of a hospital group or as a locum tenens physician in an urgent care center — contracts are to be expected.

Understanding that contract, prior to signing it, is crucial.

Today we’re breaking down the most important components of the independent contractor agreement. These differ from standard physician employment contracts, so it’s important to know what they should and shouldn’t involve.

Here is our complete guide to understanding your physician independent contractor agreement.

Read more

Physician Contract Termination: How to Protect Your Interests

shutterstock_443078926

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.

Read more

Hospital Credentialing: What to Expect as a Physician

shutterstock_608744123

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.

button-more-info-contact-us

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

Read more

Your Step by Step Guide to Becoming a Physician Consultant 

shutterstock_409047889

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.

Read more

Restrictive Covenants in Employment Contracts: What They Mean For You

cytonn-photography-GJao3ZTX9gU-unsplash-scaled

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.

Read more

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

jorge-fernandez-0NpYbuc2Ut4-unsplash-scaled

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

Everything You Need to Know About Physician Contract Review

Physician with employment contract

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 Moving Can Help Physicians Pay Off Student Loans

patrick-t-kindt-6Qkt920_Ur4-unsplash-1-scaled

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