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This article highlights the most prevalent compensation models, their advantages, and the potential disadvantages. The nomenclature may change from location to location; however, the premise behind each model and the potential areas of concern remain consistent.
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Download a PDF copy of the 2012 In Practice 4-5 special issue! A copy of the April 5, 2012 article “Clinical Practice: Glycemic Management of Type 2 Diabetes Mellitus” is also included in this special booklet.
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Physicians who choose military practice often discover that their options – in practice settings, geographical locations, and even the range of patients and conditions they treat – are more varied than they expected. These benefits, in conjunction with myriad leadership opportunities that military medicine offers, factor into many physicians’ decision to remain in the military after their required service period ends.
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Understanding the cultural questions to ask a potential employer becomes paramount to ensure that unwanted personal and professional disruptions associated with changing employment settings are avoided.
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In the health care sector, physicians are assuming an ever-increasing range of management and leadership positions.
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Industry market forces, national policy developments, and the economy are all having an effect.
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Effects of the increasing undersupply are palpable in recruiting, not just patient-access difficulties.
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As with the health care delivery landscape, economic realities and policy changes are reshaping the way doctors are paid.
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Once viewed as either untenable or undesirable, part-time and flex-time arrangements are becoming more common.
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As usage grows among doctors, benefits, challenges, and liability concerns are emerging.
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New debt management resources and expanding loan forgiveness options are helping physicians cope with increasing debt levels.
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The cover letter is usually the first bit of written communication from job seekers that hits the desk of a hiring physician, staff recruiter, or human resources professional.
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How to Conduct Yourself Before, During and After the Interview.
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Physicians at all stages of their careers are exploring the flexible, portable practice option.
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Obstetrics and the surgical specialties are among those experimenting with hospitalist staffing structures.
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The fast-growing specialty offers a variety of career paths, and no small measure of personal and professional gratification.
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Contracts are becoming more physician-friendly in some aspects, but trends in income structures, liability, and performance data “ownership” may pose problems for the unwary.
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Despite the myriad philosophical concerns and practical considerations, the movement to connect physician performance to pay structures is moving forward.
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Myriad issues, from legal and practical considerations to personal details, need to be addressed when leaving a practice.
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Compensation models have become less complex than they were in the 1990s, but it’s important to know the basics when evaluating practice opportunities.