Overview:
We will review the various elements of the physician employment agreement, focusing on the pitfalls and the problems that can develop when the agreement does not clearly define the relationship, and/or when the parties do not fully understand what is being agreed to.
Such items as term and termination, termination for cause, duties of
the physician, call, non-compete, and compensation are all items that
should be clearly set out in the agreement and fully understood by the
parties.
Why you should Attend:
Formal written contracts establish the legal relationship between the
parties; they state the terms and conditions of that relationship and
the rights and obligations of each party. They confirm the intentions
and relationships of the parties as they enter into this relationship,
and they eliminate uncertainties regarding mutual rights, obligations,
and relationships. If everything remained as it is at the time the
agreement is signed, there would be little need for formal documents.
However,
the agreement serves to protect against future disputes. Therefore, it
should include as precise language as possible. Ambiguous terms in
agreements are of little effect when disputes occur over the meaning of a
party's rights or obligations. You should attend to gain an
understanding of what should and what should not be in a physician
employment agreement.
Areas Covered in the Session:
- Corporate Practice of Medicine
- Term and Termination
- Termination for Cause
- Severance Pay
- Provision Allowing Physician to Terminate for Cause
- Duties of the Physician
- Standards for the Provision of Professional Services
- Referral to Hospital
- Continuing Medical Education
Who Will Benefit:
- Physicians
- Healthcare Executives
- Physician Practice Managers