2021 Annual Meeting Startup & Practice Management Access Pass-Practice Management and Contracts

Video Transcription

Video Summary

The speaker discusses key considerations when reviewing hospital employment contracts for physicians, especially orthopedists. They emphasize the complexity and length of modern contracts compared to the past and recommend having a healthcare contract attorney review them. Key contract issues include defining full-time work, call duties, ownership of outside work earnings, and professional fee rights. The speaker warns against overreaching no-compete clauses and highlights the potential financial risks such as salary clawbacks and unpaid call time. They advise ensuring contracts specify support staff and resources, marketing efforts, and internal referral systems to aid success. Benefits like malpractice tail coverage and continuing education are important. The speaker cautions against community conflicts with peers, inappropriate patient surgeries, and encourages professionalism and compassion. They offer to review contracts for attendees and stress the importance of understanding contract terms deeply to avoid being disadvantaged.

Asset Caption

Dr. Jack Bert

Keywords

hospital employment contracts

physician contract review

orthopedist employment terms

healthcare contract attorney

medical contract negotiation