Tag Archives: land mines

More on Risky Compensation Plans

I have seen more news reports indicating that CMS and the OIG are threatening to prosecute hospital systems that employ physicians when compensation plans do not align with practice profitability. And I had an opportunity to present this problem from the … Continue reading

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Moonlighting

During your final year of medical training, you might be daydreaming a bit about life beyond residency and fellowship. You’re looking forward to getting to work, making some money and start living! You have credit card debt, student loan debt, … Continue reading

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Sweat the “Small” Stuff and Enjoy a Bonus!

Seeking a good position, researching perspective employers, participating in interviews, and negotiating an agreement can be tedious, time-consuming work! And the reality is that most employers are going to offer a standard agreement, with a salary range that will probably be … Continue reading

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Liability Insurance – Who Pays for Tail Coverage?

I want to briefly discuss the handling of liability insurance as part of the contract negotiation process. Generally, most employers agree – liability insurance is a bona fide business expense. This should be clearly stipulated in the employment agreement as … Continue reading

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It’s Your Time!

You’re nearing the end of the formal training phase of your career. You’re probably planning your next career move, and possibly interviewing or even considering an offer. Unfortunately, business, legal and financial issues are neglected areas of physician training. This is expected, given … Continue reading

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