Partnership And The New Doc
Title:
Partnership And The New Doc
Word Count:
528
Summary:
You are flying home from a job interview and this is it. You are in the last year of your medi
Have a drink and prepare for some turbulence.
This is what you are thinking: I’ll make the same as everyone else, ...
Keywords:
doctor,practice,partnership,employment
Article Body:
You are flying home from a job interview and this is it. You are in the last year of your medi
Have a drink and prepare for some turbulence.
This is what you are thinking: I’ll make the same as everyone else, even the senior partners.
This is what I want you to think:
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*
*
*
*
*
*
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How many years is it to partnership? 1 year or 5?
Is there a buy-in, how much, and how is it executed?
Are there different classes of stock and partnership?
What do I get for partnership? What happens if I leave?
Is there a buy-out? If so, how is the practice valued?
Is there anything that will make my total package different from that of the other partners?
What can prevent me from being offered partnership?
How many other partners are there? If I have a vote, what does that mean? I have a half vote
And most importantly, you can be terminated. Almost all partnerships have terms that not only
So should you dismiss partnership as a goal? Not so fast. Do some research. Ask these question
*
*
*
*
Talk
Find
Find
Talk
to recent partners and ask if there was any funny business. Did they get the offer as p
out if anyone has ever been on a partnership track only to be turned down for partnersh
anyone who has left the group recently and find out why.
to your attorney to find out exactly what partnership entails for you, and how it compa
Also realize that the value of partnership depends on the type of practice. If you are partner
If the financial and benefits terms are good, do the math and figure out if you are better off
In my 17 years of practice I have heard more partnership horror stories than fairy tales. This
This is a demo version of txt2pdf v.10.1
Developed by SANFACE Software http://www.sanface.com/
Available at http://www.sanface.com/txt2pdf.html
Partnership And The New Doc
Word Count:
528
Summary:
You are flying home from a job interview and this is it. You are in the last year of your medi
Have a drink and prepare for some turbulence.
This is what you are thinking: I’ll make the same as everyone else, ...
Keywords:
doctor,practice,partnership,employment
Article Body:
You are flying home from a job interview and this is it. You are in the last year of your medi
Have a drink and prepare for some turbulence.
This is what you are thinking: I’ll make the same as everyone else, even the senior partners.
This is what I want you to think:
*
*
*
*
*
*
*
*
How many years is it to partnership? 1 year or 5?
Is there a buy-in, how much, and how is it executed?
Are there different classes of stock and partnership?
What do I get for partnership? What happens if I leave?
Is there a buy-out? If so, how is the practice valued?
Is there anything that will make my total package different from that of the other partners?
What can prevent me from being offered partnership?
How many other partners are there? If I have a vote, what does that mean? I have a half vote
And most importantly, you can be terminated. Almost all partnerships have terms that not only
So should you dismiss partnership as a goal? Not so fast. Do some research. Ask these question
*
*
*
*
Talk
Find
Find
Talk
to recent partners and ask if there was any funny business. Did they get the offer as p
out if anyone has ever been on a partnership track only to be turned down for partnersh
anyone who has left the group recently and find out why.
to your attorney to find out exactly what partnership entails for you, and how it compa
Also realize that the value of partnership depends on the type of practice. If you are partner
If the financial and benefits terms are good, do the math and figure out if you are better off
In my 17 years of practice I have heard more partnership horror stories than fairy tales. This
This is a demo version of txt2pdf v.10.1
Developed by SANFACE Software http://www.sanface.com/
Available at http://www.sanface.com/txt2pdf.html