Changing jobs as a hospitalist can mean new opportunities, new challenges, greater job satisfaction, and possibly (hopefully) a bigger paycheck.
But if it’s been a while, a refresher on the ins and outs of contract negotiation could be helpful.
Hospitalists can certainly choose to review contracts on their own. However, a second set of eyes could be helpful, especially if you don’t have much previous experience in this area.
“My very first piece of advice is to get someone else involved,” said Jillian Vestal, JD, an attorney who specializes in physician contracts and serves as head of legal services for Panacea Financial. “Doctors are so well trained and well educated in their field. But unfortunately, contracts are not something that they get a lot of training about.”
An attorney who is a health law specialist can be a particularly useful resource, according to Elizabeth Snelson, Esq., the author of the AMA Physicians’ Guide to Hospital Employment Contracts (AMA membership required to access).
“It’s advisable when a physician is having a contract reviewed by healthcare counsel in the state where they’re going to be practicing because there are nuances in health law that don’t apply in other areas of the law,” added Elizabeth Greene, JD, an attorney with Mirick, a law firm based in central Massachusetts.
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