Contracts have become an obligatory part of any business and it is not an exception, even when one is joining in a new job. The companies generally draft the employee contracts that safeguard the interests of both the parties. However, it is necessary that the employee thoroughly understands the contract before signing to avoid any hassles in the future. The physician employment contract is also common in the industry when a physician is employed by the health care provider, hospital or a medical group. The contracts are surely complicated for the physician to understand and in case they sign without reviewing the contract, there is every chance that they may face any serious obligations in the future. It is evident that employers generally come up with a contract that safeguards their interests rather than the employees. So it is always better to approach a physician employment contract attorney who has years of experience in reviewing and negotiation for betters terms in the contract on behalf of their clients.
The physician contact attorney goes through every term and clause of the contract, though it is an arduous and lengthy process to review the contract. With an eye for detail they study the complex and diverse issues of the contract like non-compete clauses, indemnification, damages, verbal guarantees, insurance statement etc. to see whether they are in favor of the physician. They discuss the contract with the physician for him to understand the contract and take a well informed decision. They also go through the common dangers associated in any employee contract like the inadequate professional liability and tail coverage, unfavorable call schedules, lack of benefits, provisions violating anti-kickback statutes and regulations, small productivity bonuses, arbitration, call schedule, signing bonus, salary, repayment obligation, termination provisions etc. that may affect the physician career, family and lifestyle in the future.
In fact, joining a new organization with a favorable contract helps the physician to carry on with the duties with 100% commitment and also puts them in a favorable situation over a period of time. Though it costs a bit to avail the physician employment contract review it far outweighs the benefits associated with having the contract reviewed by a legal expert. The attorney also offers customized services based on the physician specialty as each may have a unique requirement. Apart from reviewing the attorney also offers their services for negotiation and drafting a contract that balances both the employer and the employee interests.
If you are searching for Physician Contract Lawyer, then physician-contract-attorney.com provides responsive, quality legal services to meet the complex issues of clients in need. We also provide legal counsel to physicians in need of employment contract review. To Know more about physician employment contract attorney, please visit us online.