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39. Physician Employment Contract Tips and Tricks with Dennis Hursh

After finally completing their medical education, many new physicians find themselves presented with an employment agreement from a hospital or medical practice and are confused by the terms and conditions in these contracts.

 

Joining us in this episode is Dennis Hursh, a physician’s contract lawyer and author of "The Final Hurdle" - a Physician's Guide to Employment Agreements. He has been providing physician contract review services for more than 30 years, helping physicians find the best possible arrangement with their employers and to increase their career satisfaction.


 


We discussed a number of important topics about physician employment contracts including:


  • (01:36) The inner game shift that needs to take place when you go from the INTERVIEW step to the point where they are offering you a CONTRACT. They have picked you. You now have some bargaining power.

  • (05:04) Start date clause stumbling points

  • (08:24) Termination clauses and time frames for giving notice – it turns out longer can be better

  • (10: 53) Salary review and bonuses – sign-on bonus, loan forgiveness, moving allowance, fellowship stipends, and more

  • (15:05) Non-compete clauses

  • (17:34) Tail coverage clauses

 


PODCAST EXCLUSIVE BONUS:A 10% Discount on Your Contract Review with the discount code HAPPY at: https://PAHealthLaw.com


 


Connect with Dennis Hursh:


 


Learn more about Dr. Dike and The Happy MD:


https://linktr.ee/dikedrummond


 


We would love to hear your feedback. Send us your review on Apple Podcasts/Itunes, or in other directories through this link:


https://www.podchaser.com/podcasts/physicians-on-purpose-1546320




Explore physician leadership tools and strategies to stop physician burnout, enhance physician wellness and give you the power of personal influence in the C-Suite. All the tools you need to play your role in leading the charge to wellness - at three levels

  • for you
  • your teams 
  • and your entire organization.


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Stop Physician Burnout: Physician Leadership Skills To Help Us Lead The Charge To Physician Wellness
Learn Simple, Powerful Physician Leadership Skills for C-Suite Influence and Peer Respect. Help Us Lead The Charge To Physician Wellness

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About your host

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Dike Drummond

Dike Drummond MD is a family doctor, ICF certified executive coach, trainer and consultant specializing in preventing physician burnout and physician leadership power skills. He is CEO and founder of TheHappyMD.com and has trained over 40,000 Physicians to recognize and prevent burnout in live trainings. He specializes in coaching for physician leaders to
- exercise influence in the c-suite
- earn the respect of your colleagues
- and incorporate Wellness and Balance on three levels: for yourself (and your family) your teams and your entire organization.
He is also a coach and advisor to Healthcare Startups whose product/service must be prescribed or delivered by physicians.