I am an interventional cardiology fellow now currently looking for a job. I am interviewing with this solo practitioner who is also an interventional cardiologist. He has associated with a hospital who will be paying me my first year salary as an income guarantee which essentially is a loan to me and in return I have to work in the area for 4 years. The issue is the private practice cardiologist will not be sharing any of the revenue that I bill for him the first year and in the second year will give me a base salary plus 205 of billed revenue. My worry is that if after 1 year I decide to leave the practice, then I have essentially racked up a debt from the hospital income guarantee aka loan that they have given me, as well as I have worked for free for this cardiologist. Is this normal? Or should I ask him to be responsible to pay back the hospital if I should leave before the promised 4 years.
Thank you
Thank you