Negotiating Physician Employment Agreements: Key Principles and Issues for Medical Employers and Physician Employees
ISMS members: Free
Non-ISMS members: $75.00
Hospital employees, health system professionals, and members of physician groups need to know the basics before they negotiate an employment agreement. New payment models based on “value” of care may tie reimbursement to delivering quality care while controlling cost, thus shifting financial risk onto physicians. Physician employers and medical group expectations of their contracted employees evolve and these changes are reflected in new contracting terms.
In this webinar, Rick Hindmand, JD, will help you navigate key issues that affect employers and those signing contracts. The program is developed with the purpose of reaching “win-win” scenarios when contracting.
At the conclusion of this learning activity, participants will be able to:
- Identify key employment issues to address and negotiate in physician employment agreements
- List common mistakes to avoid in negotiating employment agreements
- Analyze compensation models and related considerations
- Discuss and evaluate implications of restrictive covenants and related enforceability issues
- Discuss termination issues and exit strategies
ISMS members and their staffs
There are no relevant financial relationships with ACCME-defined commercial interests for anyone who was in control of the content of this activity.
The Illinois State Medical Society is accredited by the ACCME to provide continuing medical education for physicians.
The Illinois State Medical Society designates this internet activity for a maximum of 1.00 AMA PRA Category 1 Credit™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
The Illinois Nurse Practice Act rules deem CME credit provided by approved sponsors as acceptable to fulfill nursing continuing education requirements for licensure. Nurses may claim one contact hour per unit of CME in the state of Illinois.
The recommendations contained in this resource are not intended to define conduct that is appropriate in every case, should not be considered as establishing any standard of care, and do not constitute legal advice. Physicians, clinicians and healthcare providers should take care to ensure that all care rendered reflects the best clinical judgment and complies with the laws and regulations of the state or location at which the care was provided.
Rick Hindmand, JD
Rick helps healthcare professionals, organizations and advisers structure their operations and arrangements to address legal, compliance and business challenges while advancing and protecting their interests.
Rick focuses his practice on healthcare regulatory, data privacy, cybersecurity, corporate, and transactional matters. Rick represents physicians and other healthcare providers and organizations in structuring group practices, joint ventures, ambulatory surgery centers, provider networks, physician/ hospital affiliations and accountable care organizations (ACOs), as well as arrangements to provide ancillary services, telehealth, chronic care management, remote patient monitoring, and physician in-office dispensing of prescription drugs. His services extend to various corporate and transactional matters, including practice acquisitions and managed care, billing, management, compensation, employment, independent contractor, and other service arrangements.
- 1.00 AMA PRA Category 1 Credits™
This activity has been planned and implemented in accordance with the accreditation requirements and policies of the Accreditation Council for Continuing Medical Education (ACCME) through the joint providership of the Illinois State Medical Society and ISMIE Mutual Insurance Company. The Illinois State Medical Society is accredited by the ACCME to provide continuing medical education for physicians.
The Illinois State Medical Society designates this enduring material for a maximum of 1.00 AMA PRA Category 1 Credits™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
- 1.00 Participation Credit