New Grad, New Job, Help!

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TrueToYou

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I have been working at a private office since graduating. I get paid once a month 25% of collections. My schedule is slow and I am considering switching to a corporate office for a while. I still have about $30,000 that hasn’t been collected due to insurance payments pending. My contract is very basic and doesn’t mention what happens to my production that hasn’t been collected yet. How do I ensure that I still get paid what’s owned to me after I resign? My owner doc is super cheap and I’m afraid he will find a way to not pay me once I leave.

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I have been working at a private office since graduating. I get paid once a month 25% of collections. My schedule is slow and I am considering switching to a corporate office for a while. I still have about $30,000 that hasn’t been collected due to insurance payments pending. My contract is very basic and doesn’t mention what happens to my production that hasn’t been collected yet. How do I ensure that I still get paid what’s owned to me after I resign? My owner doc is super cheap and I’m afraid he will find a way to not pay me once I leave.
this has happened to me. several friend/colleagues. the dentist down the street. my dentist. etc. etc. etc. -

less than desirable compensation
hella of alot of uncollected monies
uber thrifty senior doc who's got you in a vice
"very basic" employment agreement (big red flag)-

get out now, cut your losses, don't worry about the 30 Gs. in your lifetime, you will lose more in a bear market, or at the craps table
 
Just because one is cheap or is careful with how he spends his money doesn’t mean he is a dishonest person. He is successful because he knows how to control the overhead and not buying a bunch of unnecessary stuff that the sale reps convince him to buy. My wife and I have worked with a lot of different GPs as in-house specialists. And all, but one of them, have been very good at paying us.

Just tell him that you have another job opportunity, give him enough time to look for another associate, and ask him to write you a check when he collects the payments from insurance companies.
 
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