Understanding Physician Employment Agreements: Mutual Rights, Obligations and Potential Pitfalls

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 doctors’ contract of employment and fully understood by the parties.

WHY SHOULD YOU 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 contract is signed, there would be little need for formal documents. However, the employment contract serves to protect against future disputes. Therefore, it should include as precise language as possible.

Ambiguous terms in physician employment agreement are of little effect when disputes occur over the meaning of a party's rights or obligations. Attend this webinar to learn about all such important aspects of physician employment agreement.

AREAS COVERED

• Understand the language and terms used in physician employment agreements
• Avoid mistakes commonly made by physicians entering into employment agreements
• Understand what to look for when signing an employment contract and avoiding potential pitfalls

LEARNING OBJECTIVES

Gain an understanding of what should and what should not be in a physician employment agreement.

WHO WILL BENEFIT

• Hospital Executives
• CEOs
• COOs
• CFOs
• CNOs
• CMOs
• Physicians
• Physician Practice Managers