What You Need To Know About Your Contracts Before You Sign!

Описание: If you are a resident, intern, fellow, physician or anyone beginning a career in the practice of medicine, you should have a little legal knowledge prior to signing any contract and entering into an employment agreement in order to avoid problems later.

An important contract issue to thoroughly review is: COMPENSATION.

Board Certified Health Law Attorney George Indest says:

"Compensation may be subject to tax, fraud and abuse, anti-self-referral laws, and must be fair market value determined by comparing your entire compensation package. You should be guaranteed salary for one or two years and your salary should be based on production in following years."

Your contract should also feature an option to buy into the group with a "buy-in" clause or "partnership arrangement" and you may wish to draft these options separately, if possible.

You will also want to consider malpractice insurance stipulations and non-compete covenants, which can prevent you from obtaining future employment within a specific geographic area for a specific period of time after your departure. You may also be required to turn over your income to your employer, should you seek outside employment.

This is why the expertise of an experienced healthcare attorney can prove to be invaluable prior to signing your next employment contract. The attorneys at the Health Law firm can help ensure your contract will work for you, while you work in your chosen field.

The Health Law Firm knows how important your ability to practice in the field of healthcare is to you. Which is why they focus on protecting your license, preserving your career and growing your business.