Michael A. Cassidy and Adam J. Appleberry co-wrote an article titled “Contracting Essentials for All Physicians, Especially Residents and Fellows”. This article will appear in the Legal Summary section of the August 2023 Allegheny County Medical Society (ACMS) Bulletin. The ACMS Bulletin is the Allegheny County Medical Society’s signature publication which reaches over 2,000 physicians
Physicians' Contracts
BASIC CONTRACT ISSUES FOR NEW PHYSICIAN CONTRACTS
By Michael Cassidy on
INTRODUCTION
When physicians have finally completed the medical education journey, many are confronted with a “physician employment contract,” usually from a hospital or medical practice, which could define the essential terms of their professional relationship for many years to come. If the parties live happily ever after, neither may ever read the contract again. However,…
Basic Contract Issues for New Physician Contracts
By Michael Cassidy on
INTRODUCTION
When physicians have finally completed the medical education journey, many are confronted with a “physician employment contract,” usually from a hospital or medical practice, which could define the essential terms of their professional relationship for many years to come. If the parties live happily ever after, neither may ever read the contract again. However,…
AMA Adopts Principles for Physician Employment
By Michael Cassidy on
n November, 2012, the American Medical Association adopted new guiding principles for physicians entering into employment and contractual arrangements. According to one AMA Board Member, “The Principles for Physician Employment provide a broad framework to help guide physicians and their employers as they collaborate to provide safe, high quality, and cost-effective patient care.”…
Continue Reading AMA Adopts Principles for Physician Employment
10 Significant Physician Contracting Mistakes
By Michael Cassidy on
1. Failure to Begin with the End in Mind. The most important provisions of your employment contract will be the provisions governing your termination rights, for two reasons. First, if the relationship goes well, chances are the contract will never be read again. However, if there is a dispute, both parties will be reading the contract looking…
Basic Contract Issues for New Physician Contracts
By Michael Cassidy on
INTRODUCTION
When physicians have finally completed the medical education journey, many are confronted with a “physician employment contract,” usually from a hospital or medical practice, which could define the essential terms of their professional relationship for many years to come. If the parties live happily ever after, neither may ever read the contract again. However, if…
Physicians Learn Charity Ends At The Office
By Michael Cassidy on
PHYSICIANS LEARN THAT CHARITY ENDS AT THE OFFICE
Although charity may begin at home, two different physician groups, one on the east coast and one on the west, have learned that charity stops at the office.
Tax Deductions For Contributing Good Will
In Derby v. Commissioner, TC No. 10930-02, the United States Tax Court…
Physician Contract Issues
By Michael Cassidy on
PHYSICIAN CONTRACTS & ISSUES
INTRODUCTION
The structure, purpose and terms of every physician contract are different. The content and style vary with the institutional or private practice nature of the employer and the needs and leverage of the physician. Following is a list identifying major issues or components.
I. COMPENSATION
1. Base Compensation.
A. Fair market value…
Orlando Sentinel Reports Hospitals Employing More Physicians
By Michael Cassidy on
ORLANDO SENTINEL REPORTS
HOSPITALS HIRING MORE PHYSICIANS
The Orlando Sentinel published a recent article indicating that hospitals are increasing their direct employment of physicians, citing statistics from national physician recruiters about the increase in recruiting arrangements, and opining that one of the biggest reasons for this national trend is that “physicians are sick of the…
Pursuing Physician Disabilty Claims
By Michael Cassidy on
PHYSICIAN DISABILITY CLAIMS
Physicians are facing increasing opposition from disability insurance carriers regarding claims for “own occupation” disability policies. This scrutiny and opposition is a predictable reaction to the expensive claims, which typically have long payouts including COLA and life-time riders, and the fact that the degree of disability or physical impairment necessary to substantially impede…