Physician Compensation Models: The Basics, the Pros, and the Cons
Compensation models have become less complex than they were in the 1990s, but it’s important to know the basics when evaluating practice opportunities.
Compensation models have become less complex than they were in the 1990s, but it’s important to know the basics when evaluating practice opportunities.
One of the main reasons physicians choose to go into the medical profession is because of a desire to improve the health and well-being of others. This impetus also figures as a primary motivator for physicians who decide to pursue volunteer work.
Understanding the basic elements of an employment contract can help physicians emerging from residency evaluate job offers.
Non-specific, vaguely worded provisions can create problems down the road.
Carefully assessing your needs and exploring practice-setting options raises your chances of early-career satisfaction.
Physicians —in both primary care and the specialties— may soon reap benefits from the patient-centered, coordinated care model taking hold.