Protecting physicians when private equity buys in

Veteran attorney Dennis Hursh discusses his article "Private practice employment agreements: What happens if private equity swoops in?" In this episode, Dennis explains how private equity acquisitions of medical practices complicate the traditional path for employed physicians who expect eventual ownership. He highlights risks such as working years at below-median pay without ever reaching partnership and inheriting underpaying contracts after a sale. Dennis also offers strategies for physicians to negotiate protections, including provisions for equity-equivalent bonuses or safeguards in case of a private equity takeover. He emphasizes that while some private equity firms bring resources and technology, others impose profit-driven pressures that can erode job satisfaction. Listeners gain actionable insights into safeguarding their career paths and financial futures in the evolving private practice landscape. Our presenting sponsor is Microsoft Dragon Copilot. Microsoft Dragon Copilot, your AI assistant for clinical workflow, is transforming how clinicians work. Now you can streamline and customize documentation, surface information right at the point of care, and automate tasks with just a click. Part of Microsoft Cloud for Healthcare, Dragon Copilot offers an extensible AI workspace and a single, integrated platform to help unlock new levels of efficiency. Plus, it's backed by a proven track record and decades of clinical expertise, and it's built on a foundation of trust. It's time to ease your administrative burdens and stay focused on what matters most with Dragon Copilot, your AI assistant for clinical workflow. VISIT SPONSOR → https://aka.ms/kevinmd SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended