The Nuts and Bolts of Physician Contracts

Episode Introduction: A physician contract is an extremely important document, governing not only how a physician will practice, but also compensation, benefits and restrictions.  Both the physician and the employer have some give and take, and physicians should be sure that their interests and rights are reflected in the document.  Tune in to learn more about contracts, the basics and beyond.   Episode Summary: In today's episode of POMA DOes… two residents sit down with a healthcare contract expert to discuss the nuts and bolts of physician contracts.  We'll explore compensation, benefits, malpractice insurance, terms and termination clauses, and so much more. Each contract is unique so it's important to go through it thoroughly, ask questions and get clarity to make sure both the physician and the employer are satisfied.   Key Takeaways: There's a lot more to contracts than just the salary. In addition to compensation, contracts include the responsibilities of the physician and the employer, terms, restrictive covenants, benefits, malpractice insurance, and much more. Try to calculate the monetary value of benefits to easily evaluate and compare. Always take your contract back to your attorney for review.   Find Us: Online: https://www.poma.org/ Email: [email protected] Facebook: https://www.facebook.com/POMADOs Instagram: https://www.instagram.com/pomados/ LinkedIn: https://www.linkedin.com/company/pennsylvania-osteopathic-medical-association/ Twitter: http://www.twitter.com/POMA_DOs YouTube: https://www.youtube.com/channel/UCbxG9QqV_7Hv2CEkJsE89ZA App Store: search Pa. Osteopathic Medical Assoc.