Physician Employment Contracts Brief Overview with a Physician Agent Leigh Ann O'Neill

Battle of the Practice Types, Academic versus Group Practice. The Physician Philosopher will take on Docofalltradez, the Physician Negotiator in a generational winner takes all.

Disrupting the Medical Job industry that has been in place for over 30 years is no easy task. Dr. Alexi Nazem co-founder of Nomad Health takes on this challenge.

Dr. Chris Yerington is a retired cardiac and trauma anesthesiologist. Chris also attended law and business schools. After his clinical medical career ended due to a disability, Chris used his entire education and experiences to assist start-ups and entrepreneurs in Central Ohio. Chris often volunteers as a spokesperson or consultant for the companies and people he assists. He has a passion for working with professionals and physicians individually to ensure they have the best education and advice about disability insurance. Chris teaches us the key differences between group and individual disability insurance.

Although there are many negotiation tools and strategies, the single most important lever is confidence from having a Best Alternative to a Negotiated Agreement (BATNA). Which is the best of the best according to Physician On Fire? Financial Independence of course. Have financial security means not having to give into consensions during contract negotiations, and it will give you the most confidence over any other trick.

So what is financial independence and can it solve other problems plaguing healthcare?

Dr. Michelle Mudge-Riley trained as a physician but realized early in her career that wanted to transition into non-clinical medicine. In doing so learned lessons that are not usually taught to physicians. In the process has become a successful serial entrepreneur her current company, Physicians Helping Physicians serves physicians who are interested in figuring out how to make their career work for them. The community is unique because it’s not a “cookie cutter” approach to career transition or strategy. Every doctor is different and is coming from a different place. Some are 1-2 years or more out of residency and others have been in private practice for 10 years or more before finding this community. It’s been our experience that 80-90% of the time, physicians who work with this community will have a clear focus and career direction within 6-8 months. Most doctors have been struggling with this on their own for years, if not decades.

In this episode, Michelle teaches us the importance of networking for career advancement.

Dr. Fawcett is a man on a mission; to teach doctors how they can live healthy, happy, and debt-free lives–to regain control of their practice, their time, and their finances. He is making an effort to improve the lives of his colleagues. This episode explores the physician job market and looks at strategies to start your career on the right foot.

In this podcast, we explore the "rule of three" for finding a job as a physician.