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Physician employment contracts - contract terms to watch for


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HealthLawOffices

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While physician employment contracts can define the terms of the employment relationship in helpful ways, they can and often do contain clauses and obligations that may have a long-lasting impact on the physician. It is important for physicians to take a close looks at the terms included (or missing) from the contract at the outset of the employment relationship.

Our SDN article examined some of the key contract terms to focus on, including termination provisions, non-compete clauses, professional liability insurance terms and indemnification obligations, and negotiate to remove or revise overly burdensome terms prior to the start of the employment relationship. For example, does your employment contract indicate that the employer will provide medical malpractice insurance coverage? If so, what are the limits the entity will maintain? Who is responsible for obtaining tail coverage if the employment is terminated?
 
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