New Jersey Physician Contract Attorney Analysis
Our NJ physician contract attorneys can review your contract, identify the areas that could improve, and assist you in negotiating the best agreement possible for your new healthcare employment.
Each New Jersey physician that requests the assistance of an attorney receives:
- Available in any state
- Flat-rate pricing with no hidden costs
- Review of your proposed employment agreement
- Phone consultation reviewing the contract term by term
- Follow up with a review of the needed clarifications
New Jersey Physician Career Tips
Being a licensed physician in New Jersey offers numerous opportunities to maximize earnings in your professional career. Here are a few suggestions:
- Consider Underserved Areas: New Jersey has a Primary Care Practitioner Loan Redemption Program which provides financial assistance for student loan repayment for those who serve in designated underserved areas in the state. Participating in this program can effectively increase your overall income by reducing your student loan debt. Learn more about the program from the New Jersey Higher Education Student Assistance Authority.
- Embrace Telemedicine: Telemedicine has been expanding in New Jersey, especially in the wake of the COVID-19 pandemic. Adapting to this technology can allow physicians to reach more patients, expanding their practice and potentially increasing earnings. The Medical Society of New Jersey offers resources and guidance about telemedicine in the state.
- Further Specialization: Pursuing additional training and certifications in high-demand specialties can lead to higher earnings. Institutions like the Rutgers New Jersey Medical School and the Rowan University School of Osteopathic Medicine offer a variety of fellowship programs for further specialization.
- Improve Practice Management: Streamlining your practice to be more efficient can lead to increased income. This includes aspects like ensuring effective billing procedures, efficient use of staff time, and cost-effective procurement of supplies. The Medical Society of New Jersey also offers resources to help improve practice efficiency.
- Continuing Medical Education (CME): Staying at the forefront of medical knowledge and technology can make you more competitive and potentially lead to higher earnings. New Jersey offers numerous resources for CME, including those offered by the New Jersey State Board of Medical Examiners.
- Networking: Joining professional organizations such as the Medical Society of New Jersey can provide networking opportunities and insights that could increase your earnings.
Remember, the primary goal should always be to provide the best possible care for your patients. Any decisions about furthering your career and increasing your income should also take into account your personal satisfaction and commitment to ethical practice.
New residents, attending physicians, and doctors, whether or not members of the AMA, entering into their first employment contract, or established physicians looking for new employment, can all benefit from a thorough contract review by a qualified attorney. Getting a lawyer to assist you with this will prevent future litigation and other problems.
By employing an experienced attorney for your representation, you can ensure that you will be able to fully understand the extensive and complex wording included in your contract. Contract attorneys know how to navigate these contracts. They know what a professional board would require. By fully understanding the contract, you will be better positioned to decide whether you want to enter into the agreement that will your career life for years to come.
Cities for a lawyer review of a physician contract include:
Healthcare Contract Terms
The present-day conclusion is simple: A physician should only enter into a contract with the agreement reviewed by legal counsel. There is too much at risk for a physician to take contract matters into their own hands. In addition to the specific professional implications, physician contract terms can significantly impact a physician’s family, lifestyle, and future.
There are many essential contract terms and clauses which can present complex and diverse issues for any physician, including:
- Non-compete clauses
- Inadequate professional liability insurance and tail coverage
- Unfavorable call schedules
- Production Bonuses (RVU, net income, or hybrid structures)
- Not enough paid time off (PTO) or Vacation time
- Biased Termination Provisions (With or Without Cause)
- Continuing Medical Education (CME)
- Dues and Fees
- Compensation
Contract Review Services
Additionally, often the most influential terms and clauses in any employment contract are the ones that are not present. A physician must review an employment agreement before signing it due to the advent of productivity-based employment agreements.
We have practical experience drafting and reviewing physician contracts for nearly every specialty.
Physician Contract: Thorough Contract Review
A thorough contract review can benefit new residents, attending physicians, doctors entering their first employment contract, or established physicians looking for new employment. By employing an experienced attorney for your representation, you can ensure that you will be able to fully understand the extensive and complex wording included in your contract.
By having a complete understanding of the contract, you will be in a better position to decide whether you want to enter into the agreement, which will affect your career life for years to come.
Independent Contractors
An independent contractor agreement is a vital part of the modern workplace. For many professionals, including in the healthcare industry, working as an independent contractor can offer several benefits, such as having control over your work schedule and enjoying collaborating with multiple companies.
We also offer physician contract reviews in New Hampshire and analysis of medical employment agreements in New Mexico.
New Jersey Physician Contract Review
Coming into a new organization or hospital in New Jersey with a favorable contract can put the physician in a positive financial situation for years to come. Contracts contain much misleading information and terminology that an attorney knows how to deal with and points such as clauses that take negotiations. It takes an educated and knowledgeable defense attorney to help you understand physician contracts.
No matter their expertise, such as surgery or pediatrics, physicians need assistance from a license-defense lawyer or a medical agreement lawyer at some point in their career.
Contacting and hiring a law firm with contract experience and a license-defense attorney is the way to get the help needed. Using a New Jersey Physician Contract Attorney becomes vital for a physician contract review if a New Jersey physician wants to ensure an iron-clad contract.