Contract Review Frequently Asked Questions

The answer is yes. Virtually all employers are open to hearing questions and requests for changes within your employment contract. The exception to this would be if the physician has already had extensive back-and-forth or negotiation with the employer. If that has happened, the attorney may be limited in how much more to negotiate. In this type of situation, pushing too much more could come across as too aggressive. This is why it’s important for the physician to team up with an attorney as soon as possible, and to delay negotiating with the employer until you do.

That doesn’t mean that the employer will accommodate all or any of the physician’s requests.  It simply means that most employers are open to discussing anything at the start.  Accordingly, the biggest risk to the physician is that the employer says “no” to the physician’s requests.  Given this, the physician ought not hold back at all.  The physician need not be hesitant, shy or afraid to ask questions or make requests for contract modification at this stage.

Only a very small percentage of times from our experience, an employer may react less favorably to negotiation at this stage. Our attorneys have determined that this occurs less than 1 percent of the time from their experience working with over 5,000 physicians to negotiate their contracts.  Also, in our experience, when this happens, it is usually a sign that the employer may not be a good fit anyway.  We would not recommend working for an employer who’s not open to discussing contract details.  This unfortunate dynamic is normally the sign of an employer that is unbending, has poor communication in the workplace, and has unfriendly employment conditions.

One of the most damaging financial threats to your career as a physician is the possibility of inadequate compensation through complex payment formulas or a contract containing legal pitfalls that undermine future income. Low compensation and contract loopholes are two of the main reasons almost 50% of physicians leave their employers, according to the 2013 Physician Retention Survey by Cejka Search and AMGA.

If you are interested in engaging our team, you will receive an electronic link where you pay and upload the employment documents and other information related to the opportunity(ies). Once this is done, you are provided a link where you schedule calls with the financial advisor (first) and the lawyer (second). These calls often can be done as soon as 24 hours later.

During your call with the financial advisor, s/he will provide a detailed, written comparison of your offer to industry standards as well as the MGMA database and our own database, and then use that to discuss what changes could be requested. During your call with the attorney, s/he will incorporate the issues discussed with the financial advisor, discuss issues posed by the legal documents, and then coach you in negotiation strategy.

After these calls, if you would like to continue communications with the employer, we will wait in the wings, ready to answer any questions, step in if needed, and prepared to review and discuss the employer’s response. If you would like the attorney to negotiate for you, s/he is willing to do so for no additional charge. Of course, there may be additional phone calls and/or email correspondence during the negotiation process and as things are finalized. The average client will have thorough phone calls with the advisor and attorney at the initial review stage, and then a briefer phone call or email correspondence after negotiation, in order to review the employer’s response, to help decide whether to sign the new (normally final) contract version.

We offer different turnaround times for each of our different packages and expedited options for physicians in a time crunch. Typically, we review the contract within 2-3 business days.

It is impossible to predict how an employer will respond to our negotiation thoughts.  We have seen annual six-digit compensation increases, total inflexibility, and everything in-between.  What we can say, is that generally speaking, the vast majority of employers are at least willing to listen to negotiation thoughts, and won’t respond unprofessionally (by, say, revoking the offer!).  In light of that experience, we encourage our clients not to hesitate to make reasonable requests.

We use multiple attorneys even those of Ivy League pedigree. All of which have at least 10 years of experience each negotiating for doctors and have doctors in their immediate family so each of them are personally invested in your profession. Each has reviewed hundreds (perhaps over one thousand) physician employment opportunities.  Familiarity with Indian, Canadian, and other foreign cultures, which is relevant for foreign-born and immigrant clients.  These are just some of the credentials of the attorneys that we work with.  The fact that so many physician clients return to us for help with other future opportunities, is a confirmation that these attorneys do great work.  We are happy to provide more credentials of our attorneys and advisors upon request.  Equally importantly, if you are considering other contract-review providers, ask about the attorneys they use: Where did they attend law school?  If you don’t like one attorney or if an attorney is unavailable, are there other health-care specialty attorneys available?  How much experience – in years and contract numbers – does s/he have?

Our company started working with physicians nearly ten years ago. During the time since, our team that has reviewed nearly 3,000 employment opportunities, that are worth over $1 billion in the aggregate, in every state and in every specialty.

One differentiator is that our process involves both a financial advisor and an attorney. The former evaluates your compensation and financial position overall; the latter incorporates this evaluation into the legal review and negotiation process. Many other contract-review providers are not this thorough.

Other important areas of distinction include:

– while we use popularly available databases like the MGMA’s, we also have our own internal database on thousands of physicians, which provides an additional layer of negotiation leverage – we can recall specific clients who have applied to work in the same geographic area or even the same employer, and use related information; we can also note trends among our clients’ experiences, in negotiation success, employer flexibility, compensation/benefit achievement, etc.

– while other firms limit access to their professionals, we offer unlimited access during the review, consultation and negotiation process, but also during the contract term for contract maintenance issues

We are not a law firm.  We come from a family of physicians and award-winning wealth advisors that carefully review and select the attorneys that we partner with. We believe in assembling the best team of professionals and maintain extremely close relationships with our attorney partners as we take our clients through the contract review and negotiation process.

Physician Contract Review

Employment contracts are the foundation of your finances and your ability to make future career choices. At Physicians Thrive, we’re here to help you understand and negotiate your contract before you sign.

Fill out the form below and a member of our team will get in touch with your shortly.

Pick the plan that's right for you

Get one or more contracts reviewed before you sign.

SINGLE CONTRACT

FULL SERVICE PLAN
$ 599 Flat Rate
  • 1 Employment Opportunity Reviewed
  • Access to Independently Contracted Attorney
  • Unlimited Consultations with Financial Advisor
  • Annual Access to MGMA Compensation Data and More
  • Compensation Audits for Your Entire Career
  • Annual Income Tax Audit
  • Option for Attorney to Negotiate on Your Behalf
  • 2-3 Day Turnaround Time

ADDITIONAL CONTRACTS

AFTER PURCHASING A FULL SERVICE PLAN
$ 250 Per Each Additional Contract
  • 1 Additional Opportunity Reviewed
  • Access to Independently Contracted Attorney
  • Unlimited Consultations with Financial Advisor
  • Annual Access to MGMA Compensation Data and More
  • Compensation Audits for Your Entire Career
  • Annual Income Tax Audit
  • Option for Attorney to Negotiate on Your Behalf
  • 2-3 Day Turnaround Time

*Additional contract reivews must be purchased within 12 months. 

Physicians Thrive Reviews

They are very friendly and they make accommodation a priority.
photo
Julie L.
I reached out to several lawyers when I got an offer, but no one answered as fast as Physicians Thrive, who understood that I needed their help as soon as possible. They accommodated to my schedule, were very familiar with the review of a contract of a J1 waiver physician. They reviewed the contract thoroughly, took the time to explain me everything, answered all my questions and helped me negotiate important changes to the contract. I highly recommend them.
photo
Ekatherine R.
Very friendly, professional and comprehensive contract review. Well worth it for peace of mind.
photo
Brendan C.
The Physicians Thrive team was phenomenal - organized, professional, personable, and able to answer all of my questions! I would highly recommend them to anyone needing contract/benefits review!
AOh14Gj  gQshNZ2Xdznr c4yNXoBVHBlIlRQ1jWlkHKiQ=c0x00000000 cc rp
Jillian H.
Excellent experience with Michaela and Steve as they helped me navigate my first contract negotiation! Highly recommended!
AOh14GiJENxufCwU JwD8fyePbQmPkNuWTeLe2NdI5NtpqA=c0x00000000 cc rp
Aaron H.
My physician contract was reviewed quickly and professionally. Two-part review includes legal review with attorney and financial review with financial advisor. Would use again.
photo
Earl S.
Dave was incredibly helpful and always available. I really appreciated all of the information and assistance.
AOh14GiDCcWVseDxzBwZTF50HmMcjUWpgXrKl 6ks8al=c0x00000000 cc rp ba2
Chris H.
Michaela and Phil have been great to work with through 2 contract reviews. Very professional and easy to communicate with. Peace of mind is worth the money but they did so much more! I’m very thankful and blessed to have them work on my behalf!
AOh14Gi4gO46rPiV4XucfUNHAEgjiaVD THfdXg4NPtHhd4=c0x00000000 cc rp
Kathleen E.
Working with Physicians Thrive has been a wonderful experience. We worked with Justin Nabity and Steven Stratman, who helped us navigate our first contract negotiations. Because of them, my husband and I have been able to find and negotiate terms for jobs that are a great fit for us. They are great people to have in your corner, especially when you are just coming out of training. I have already recommended Physicians Thrive to several of my co-fellows and former co-residents.
photo
Reeti G.
I worked with Dave Swan recently for disability insurance. Dave and his team were very professional and courteous. He took the time to explain to me the details about disability insurance and found the best prices for me. He was always available for questions and was overall a pleasure to work with. I will definitely recommend him to my friends and family in need for financial advice.
photo
Jigar P.
Brilliant owner and staff. A delight to work with!
AOh14Ggi1r95bmrRU2XqgeTvhDc6JuxOBc3wDxGVPouuew=c0x00000000 cc rp ba2
Amy G.
I currently do business with Physicians Thrive and they are by far one of the most stand up, do it right, integrity based organizations I've ever worked with. Their knowledge complimented by their unbeatable follow up is what makes them the best at what they do. Additionally I'm a HUGE fan of their mission to cure blindness... truly noble efforts on that from as well!
photo
Derek P.
Extremely professional and passionate about everything they do. High integrity from owner and all staff.
photo
Rick M.
Great staff and down to earth. Can't say enough about this company and their staff!
photo
Michael W.
Justin is a Rock Star! Professional, courteous, and an industry leader.
photo
Brian G.
5 star service
AOh14GiYZaOYfFzLe muDIzdzZgInFWvcBcc3YpGXbX2=c0x00000000 cc rp
Ryan Z.
Justin is fantastic to work with. He is knowledgeable and really listens. I highly recommend Justin and his team.
photo
Stephen L.
The team members at Physicians Thrive are highly committed to the success of their clients. They all go above and beyond and exceed client expectations.
photo
steven S.
I have been very pleased with Physician's Thrive. Their representatives are always responsive and helpful. Michaela is pleasant and eager to help. Even if something is outside of her scope, she will talk to her colleagues or do some research to help provide guidance. It is great to have one reliable place to go for a wide range of services. I highly recommend them to anyone who asks.
photo
Ealena C.
Great company to work with, helped me set up own occupation disability insurance and were very helpful and great at explaining things along the way.
AOh14GgldRingRg42vI5w2Y6BgnqSYB5y1O4sBLWRiz 2WI=c0x00000000 cc rp
Nick P.
Great people and great company
photo
gifhack
What an amazing, honest and successful firm. Thank you!
AOh14Ghfdhem4dQ6FJJCwikh2tkj hy9d eeyp4iGi3R=c0x00000000 cc rp
Derrick E.
This firm does a tremendous job for their clients!
AOh14Giehf22spJUapWwFECfgQWFJIA6p5K294GAqhYvYQ=c0x00000000 cc rp
Harry A.
First class perofessionals. Dedicated to doing what is right for their clients.
AOh14GgqkPnulOP6I IG2SiJ ymIfNdKw7HfTW4DeqQ7=c0x00000000 cc rp
Guy Baker, PhD, MBA, M.
A team that has vision, passion and care for their clients. Appreciate the philanthropic mission in giving back to others.
AOh14GjMirpADHb 3oB0NLc5ELAFGTk iWFHmTb2gtJCFg=c0x00000000 cc rp ba3
Jeff B.
Justin is so knowledgeable, professional, and easy to work with. I cannot recommend him and his company highly enough.
photo
Morgan D.
We've been using these guys for about 7 years now and wouldn't think of going anywhere else. Great people, trustworthy as can be. Just really glad we came across them.And...if you're a pilot they can set you up w/ the right kind of insurance 😉
AOh14Gj8LSJbLTryGq17Ru3 UkIUUx V qxR6Su YFJ2CA=c0x00000000 cc rp
Jeremy A.
yH5BAEAAAAALAAAAAABAAEAAAIBRAA7

Physicians Thrive Reviews

They are very friendly and they make accommodation a priority.
photo
Julie L.
I reached out to several lawyers when I got an offer, but no one answered as fast as Physicians Thrive, who understood that I needed their help as soon as possible. They accommodated to my schedule, were very familiar with the review of a contract of a J1 waiver physician. They reviewed the contract thoroughly, took the time to explain me everything, answered all my questions and helped me negotiate important changes to the contract. I highly recommend them.
photo
Ekatherine R.
Very friendly, professional and comprehensive contract review. Well worth it for peace of mind.
photo
Brendan C.
The Physicians Thrive team was phenomenal - organized, professional, personable, and able to answer all of my questions! I would highly recommend them to anyone needing contract/benefits review!
AOh14Gj  gQshNZ2Xdznr c4yNXoBVHBlIlRQ1jWlkHKiQ=c0x00000000 cc rp
Jillian H.
Excellent experience with Michaela and Steve as they helped me navigate my first contract negotiation! Highly recommended!
AOh14GiJENxufCwU JwD8fyePbQmPkNuWTeLe2NdI5NtpqA=c0x00000000 cc rp
Aaron H.
My physician contract was reviewed quickly and professionally. Two-part review includes legal review with attorney and financial review with financial advisor. Would use again.
photo
Earl S.
Dave was incredibly helpful and always available. I really appreciated all of the information and assistance.
AOh14GiDCcWVseDxzBwZTF50HmMcjUWpgXrKl 6ks8al=c0x00000000 cc rp ba2
Chris H.
Michaela and Phil have been great to work with through 2 contract reviews. Very professional and easy to communicate with. Peace of mind is worth the money but they did so much more! I’m very thankful and blessed to have them work on my behalf!
AOh14Gi4gO46rPiV4XucfUNHAEgjiaVD THfdXg4NPtHhd4=c0x00000000 cc rp
Kathleen E.
Working with Physicians Thrive has been a wonderful experience. We worked with Justin Nabity and Steven Stratman, who helped us navigate our first contract negotiations. Because of them, my husband and I have been able to find and negotiate terms for jobs that are a great fit for us. They are great people to have in your corner, especially when you are just coming out of training. I have already recommended Physicians Thrive to several of my co-fellows and former co-residents.
photo
Reeti G.
I worked with Dave Swan recently for disability insurance. Dave and his team were very professional and courteous. He took the time to explain to me the details about disability insurance and found the best prices for me. He was always available for questions and was overall a pleasure to work with. I will definitely recommend him to my friends and family in need for financial advice.
photo
Jigar P.
Brilliant owner and staff. A delight to work with!
AOh14Ggi1r95bmrRU2XqgeTvhDc6JuxOBc3wDxGVPouuew=c0x00000000 cc rp ba2
Amy G.
I currently do business with Physicians Thrive and they are by far one of the most stand up, do it right, integrity based organizations I've ever worked with. Their knowledge complimented by their unbeatable follow up is what makes them the best at what they do. Additionally I'm a HUGE fan of their mission to cure blindness... truly noble efforts on that from as well!
photo
Derek P.
Extremely professional and passionate about everything they do. High integrity from owner and all staff.
photo
Rick M.
Great staff and down to earth. Can't say enough about this company and their staff!
photo
Michael W.
Justin is a Rock Star! Professional, courteous, and an industry leader.
photo
Brian G.
5 star service
AOh14GiYZaOYfFzLe muDIzdzZgInFWvcBcc3YpGXbX2=c0x00000000 cc rp
Ryan Z.
Justin is fantastic to work with. He is knowledgeable and really listens. I highly recommend Justin and his team.
photo
Stephen L.
I am really pleased with this entire group. They work hard to keep you engaged and up to date with important aspects of financial stability that we often times put on the back burner given our very busy schedules. They are passionate about their job and they do not use a cookie cutter approach. Each individual or family is unique and they tailor your needs to your specific situation. I have been working with them for 7 years and they have always been very helpful and professional.
photo
Andrew C.
Justin Nabity of Physicians Thrive has been representing my family for over four years. We could not be happier with the service he provides for us and our financial peace of mind. From helping with my wife's contract negotiations and ensuring we have enough insurance coverage to establishing a living will and trust for our kids, Justin has been instrumental in guiding us through the process of protecting my family's financial future. Thank you, Justin!!!
AOh14GgOYx5gukENLi6bXb8Mex4lFybV4caA4BsFXrucow=c0x00000000 cc rp
Robert Terp, J.
The team members at Physicians Thrive are highly committed to the success of their clients. They all go above and beyond and exceed client expectations.
photo
steven S.
I have been very pleased with Physician's Thrive. Their representatives are always responsive and helpful. Michaela is pleasant and eager to help. Even if something is outside of her scope, she will talk to her colleagues or do some research to help provide guidance. It is great to have one reliable place to go for a wide range of services. I highly recommend them to anyone who asks.
photo
Ealena C.
Great company to work with, helped me set up own occupation disability insurance and were very helpful and great at explaining things along the way.
AOh14GgldRingRg42vI5w2Y6BgnqSYB5y1O4sBLWRiz 2WI=c0x00000000 cc rp
Nick P.
Great people and great company
photo
gifhack
What an amazing, honest and successful firm. Thank you!
AOh14Ghfdhem4dQ6FJJCwikh2tkj hy9d eeyp4iGi3R=c0x00000000 cc rp
Derrick E.
This firm does a tremendous job for their clients!
AOh14Giehf22spJUapWwFECfgQWFJIA6p5K294GAqhYvYQ=c0x00000000 cc rp
Harry A.
First class perofessionals. Dedicated to doing what is right for their clients.
AOh14GgqkPnulOP6I IG2SiJ ymIfNdKw7HfTW4DeqQ7=c0x00000000 cc rp
Guy Baker, PhD, MBA, M.
A team that has vision, passion and care for their clients. Appreciate the philanthropic mission in giving back to others.
AOh14GjMirpADHb 3oB0NLc5ELAFGTk iWFHmTb2gtJCFg=c0x00000000 cc rp ba3
Jeff B.
Justin is so knowledgeable, professional, and easy to work with. I cannot recommend him and his company highly enough.
photo
Morgan D.
We've been using these guys for about 7 years now and wouldn't think of going anywhere else. Great people, trustworthy as can be. Just really glad we came across them.And...if you're a pilot they can set you up w/ the right kind of insurance 😉
AOh14Gj8LSJbLTryGq17Ru3 UkIUUx V qxR6Su YFJ2CA=c0x00000000 cc rp
Jeremy A.
yH5BAEAAAAALAAAAAABAAEAAAIBRAA7

Ready for Review?

Whether you’re entering a new contract or exiting an old one, renegotiating an annual review or transitioning into a partnership, the experts at Physicians Thrive can take care of your review.