Physician Contract Review
Fill out the form below and a member of our team will get in touch with your shortly.
Why Get A Contract Review?
One financial threat to your career is the possibility of inadequate compensation through complex payment formulas or a contract containing legal pitfalls that undermine your future income. Low compensation and contract loopholes are two of the main reasons almost 50% of physicians leave their employers. Don’t risk signing a bad agreement by working with an attorney + wealth advisor team.
Get a full financial and legal review
Physicians Thrive has decades of experience helping doctors get the best coverage possible. 99% of Physician Thrive clients sign their contract after our contract review and negotiation process.
Experience
Our attorney + advisor teams have worked with over 5,000 physicians in every state and specialty over the last decade.
Urgency
When you work with Physicians Thrive, you work with advisors and attorneys that understand the need to complete a contract review as timely as possible.
Simplicity
Our experts are here to help you understand what is included in your contract if there are any areas of concern and how to proceed.
How it works
Step 1
Request a review to get started and a member of our team will get in touch with you.
Step 2
Meet with an advisor to review your compensation and benefits.
Step 3
Meet with an attorney to ensure there is no unfair language included in the contract. You’ll have unlimited access to your attorney throughout your review and negotiation.
Step 4
Get ongoing service through the term of your contract for any maintenance issues and receive updated annual compensation data.
99% of Physician Thrive clients sign their contract after our contract review and negotiation process.
Across the country, we’ve served thousands of physicians ensure they receive the compensation they deserve and are not legally confined by an unfair contract.
Physicians Thrive Reviews
Pick the plan that's right for you
Get one or more contracts reviewed before you sign.
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Storage
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SINGLE CONTRACT
FULL SERVICE PLAN
$549
Flat Rate
1 Employment Opportunity Reviewed
Unlimited Consultations with Financial Advisor
Access to Independently Contracted Attorney
Annual Access to MGMA Compensation Data
Compensation Audits for Your Entire Career
Annual Income Tax Audit
Option for Attorney to Negotiate on Your Behalf
2-3 Day Turnaround Time
MULTI-CONTRACT
FULL SERVICE PLAN
$799
Flat Rate
2-3 Employment Opportunities Reviewed*
Unlimited Consultations with Financial Advisor
Access to Independently Contracted Attorney
Annual Access to MGMA Compensation Data
Compensation Audits for Your Entire Career
Annual Income Tax Audit
Option for Attorney to Negotiate on Your Behalf
2-3 Day Turnaround Time
*After 3 employment opprotunitites. you can have additional contracts reviewed for $250 each.
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.
Can I really negotiate my contract?
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.
