As a resident it is important to grasp the issues at the core of this matter. The latter choice, as an owner of your practice, entails the headaches of running your own business but ensures that you control your work situation and the flow of your fees. When evaluating a job consider these points. A physician can be held criminally responsible for any inappropriate professional fees charged on their behalf. This can ideally happen if open books are in place and practiced.
Ownership Ask for an equal vote on operational issues.
In addition, some physicians seek to become a partner in the group with equal profit sharing, decision-making and a share of potential future risk in the fate of the company. This is in sharp contrast to the employee status of many physicians today. Termination without cause This clause both undermines the physician and the future stability of the group. Non-competition clauses This clause can limit competitive business situations and severely limits physician geographic flexibility. Many states have abolished restrictive covenants such as this.