I have a very good friend who has been offered numerous jobs in various states as of late. He is an accomplished physician. A smarty pants. The medical community is lucky to have him.
Although we have not discussed it, I imagine that with each of these offers (hospital affiliated physician jobs) he has been presented with draft employment contracts.
Typically, physician contracts contain information on the following duties, agreements, etc:
- term of contract (if there is a term, how many years)
- bonus structure
- billing practices
- malpractice insurance / tail coverage / limits
- reasons employee can be fired
- reasons employee can quit
- Notice requirements for leaving
- language regarding the confidential nature of patient records
- post employment restrictive covenant
Not all doctors have to sign non-compete agreements, but more are being asked to do so.