Contract Diagnostics was selected by the American College of Cardiology to be official provider of contract review services.
Contract Diagnostics was selected by the American College of Cardiology to be official provider of contract review services.
We believe there is a better way of doing physician contract reviews.
We believe there is a better way of doing physician contract reviews.
Contract Diagnostics Blog
New Year New You New Contract!
What 2023 New Year's goals and intentions have you set? How many of them have anything to do with your job? None?! Let me help you with that. We set so many goals for ourselves in the new year: join a gym, dry January, start meditating, etc etc etc. But what about...
Calendar Year 2023 Medicare Physician Fee Schedule Final Rule
On November 01, 2022, the Centers for Medicare & Medicaid Services (CMS) issued a final rule that includes updates and policy changes for Medicare payments under the Physician Fee Schedule (PFS) and other Medicare Part B issues, effective on or after January 1,...
Protect Your Practice When Establishing Contracts with Hospitals
Contracts with hospitals present potential partnership and revenue opportunities; however, financial and state regulations apply to these payments, and if you run afoul of the law, the consequences can be disastrous. Before contracting with a hospital for services...
5 Key Differences of Various Practice Types
Remember graduating from residency and mentally composing your venn diagrams galore trying to make sense of your job options? Or maybe you’re still a resident and just beginning to consider the differences. From outlining your personal and professional goals, the pros...
MGMA data set deep dive (#3 in MGMA series)
Part #1: MGMA Physician Compensation | New Data Set Reveals the Latest Trends Part #2: MGMA data set deep dive Stock market…inflation…expenses…do you feel that visceral response instigated by these words given our current market?! This may directly impact how you are...
Everything You Must Know Before Negotiating a Hospital Contract
Hospitals and health systems have hundreds of ways to legally pay physicians to help them manage care, oversee programs and facilities, and plan and implement strategic initiatives in addition to the traditional payments like ED call coverage and medical...
The Wild Wild West of Physician Compensation
This is an introduction to the Wild Wild West of physician compensation. The Oxford Dictionary defines compensation as: “something, typically money, awarded to someone as a recompense for loss, injury, or suffering” As a physician who has spent countless years...
Physician Non-competes: How To Leave Your Job, Not Your Home
I imagine you’ve all realized by now what an impact a contract can have on your day-to-day life, your job satisfaction, and your quality of life. One of the often-overlooked but highly impactful sections is within the Restrictive Covenants: the non-compete clause....
Can you find a way to beat burnout and be happy? Interview with Dr. Wendy Schofer MD
“Two roads diverged in a wood, and I—I took the one less traveled by,And that has made all the difference.”-Robert Frost Medical school, residency, fellowship, clinical practice…a seemingly straightforward and common stepwise passageway into medicine. This series of...
Let’s talk about how to have compensation conversations with your employer
Is there a significant pay gap between male and female physicians?
Physicians Raise for Everyone in your Department – A Case Study
For the sake of autonomy
My first practice out of residency was the equivalent of a beloved mom and pop shop of women’s health. This was a small private practice with three OBGYNs, the same front desk staff for decades, the same MAs for decades, the same office manager for decades, and the...
The Logistics of Locum Tenens
With the ongoing outflux of physicians across the nation, the role for locum tenens, or temporary, providers is expanding exponentially. Locums was originally a way to help staff rural and underserved communities, but in recent decades has expanded into all locations...
MGMA data set deep dive (#2 in MGMA series)
Over the course of this year, MGMA will release five separate data reports. In May 2022 they published the 2022 MGMA Provider Compensation and Production report, which overall expressed promising improvements in physician compensation. In the report they addressed the...
MGMA Physician Compensation | New Data Set Reveals the Latest Trends
What is the number one section that physicians turn to on the initial review of their contract? Compensation! How do we know we are being paid appropriately? To understand whether we are receiving fair pay, you can reference my blog here for more details. In today’s...
Patience and Time: the keys to searching for a job
“The two most powerful warriors are patience and time.” -Leo Tolstoy, War and Peace This resonates so profoundly as a physician, especially one who is actively looking for a job and/or in negotiations. Let’s talk about patience, time, and timing. In undergrad, medical...
Termination: The costs of termination and strategies to avoid them
What would you do if someone forced you to hand over a check TODAY for $184,000? Some of us might request a second mortgage on our homes, beg friends and family for loans, go to Payday. Maybe a few of you would say “No sweat, I’ve got it.” Most of us would turn red...
Are you taking advantage of the great physician resignation?
When I started doing locum tenens work as an OBGYN in 2020, I had perhaps 25 or 30 jobs to choose from. On my journey to personal and professional freedom and life/work balance, they all sounded exciting. Should I work out west in Maine, where my parents first lived...
6 Common Moving Targets Within Physician Compensation Contracts and How to Deal With Them
Life is full of moving targets, but that doesn’t mean they need to be in our contracts. When I signed a contract at an academic center, the description of my position was simply “1.0 FTE”. I clarified what that meant and I was pointed to a living, breathing written...
The Best Investment You Can Make
Physicians Retiring Soon? Maximize Your Final Years
Missed Opportunity When Changing Contract
Most Physicians Don’t Know What They Should Make
Contract Diagnostics selected by American College of Cardiology as Sole Provider for Member Employment Contract Reviews
Contract Diagnostics (CDx) is collaborating with the American College of Cardiology to provide professional employment contract review services to ACC members After an intensive interview and vetting process, Contract Diagnostics was awarded as the chosen provider of...
When was your last raise?
Are You Trading Your Time for Compensation?
Academic contracts – are they negotiable?
What happens when your practice sells?
The Mystery of Physician Compensation Value Revealed
When I graduated from my residency in OBGYN in 2017, I went from making $49,000 per year to $250,000. If my math is correct, that’s around a 500% raise?! I was thrilled. Suddenly that paycheck to paycheck lifestyle converted to one of comfort and ease. I could go out...
Physicians: 5 Questions to Ask to Get Clear and Manifest the Life You Want
You can’t have it all, but you can have everything you want. The big question is, do you know what you want? What are your values? Contracts are full of significant benefits (money!) and big risks (restrictive covenants and liquidated damages!). After working well...
Top 10 Points To Know Before Signing Your First (or Second, or Tenth!) Contract
1. Everything is negotiable Know what YOU value and make sure this is detailed in your contract (ie work schedule, working in one location versus many, compensation structure, vacation time, non-competes, etc). Even when an organization says their contract is...
Physician Contract Review Company, Contract Diagnostics, Hires New Director of Education
Kathryn Sarnoski Joins the Team at Contract Diagnostics, Amplifying Their Impact in Directly Educating Physicians About Their Contracts. KANSAS CITY, MO, USA, January 31, 2022 /EINPresswire.com/ -- Contract Diagnostics (CDx) is one of the most trusted entities in...
A Comprehensive Guide to Physician Contract Reviews
Everything You Need to Know to Negotiate the Best Compensation Package By: Jon Appino, Founder of Contract Diagnostics, the Nation's Leading Physician Contract Review Firm. About Us - Contract Diagnostics At Contract Diagnostics, we exclusively provide services for...
Best Practices in Physician Compensation and the Impact on Medical Professionals
The future of physician compensation is in centralization, automation and analysis. Currently, the world of physician compensation is fragmented. Healthcare organizations have a difficult time collecting aggregate data because physician payments are handled through...
President Biden and the FTC: Changes to Non-Compete Agreements May Impact Physicians
Breaking news came out last week indicating that President Joe Biden is preparing to sign an executive order which would call on the Federal Trade Commission (FTC) to curtain non-compete agreements for workers. The fact sheet on this executive order, published...
Why You Should Forget Everything You Learned About Doctors’ Individual Disability Insurance
Chances are, you’ve been told dozens, even hundreds of times now: disability insurance is critical for protecting your long-term financial success. Disability insurance is a type of insurance that pays you a monthly benefit if you are too sick or injured to work....
Implementing the 2021 Physician Fee Schedule
Every physician knows that change is inevitable in the medical world. One major change that is starting to take effect is the 2021 CMS Physician Fee Schedule. Physicians can expect increases and decreases in work RVUs as well as changes in Medicare reimbursements....
4 Mistakes Physicians Make as New Attendings
Jon Appino with Contract Diagnostics interviews Ryan Inman with Physician Wealth Services As one of the most major of life’s milestones comes to fruition, you will finally finish your decades of training, one of the most important aspects of your life tends to get...
How Physician Spend and Compensation Affects Your Contract in 2021
With the revisions in the CMS Physician Fee Schedule (PFS), physicians should expect a change in compensation. Some physicians can expect to see an increase in their compensation while others may see a decrease. Amid the already-tenuous climate of COVID-19 for medical...
2021 Changes in CMS Physician Fee Schedule and Medicare Reimbursements
Telehealth is here to stay: and its impact extends to a doctor’s paycheck. Ever since March 2020, medical professionals have come to understand that the only constant is change. This applies to reimbursements, which of course captures the close attention of physicians...
[GUEST POST] Can Physicians Get Student Loan Forgiveness? A Guide to Getting Your Student Loans Forgiven
Guest post by Travis Hornsby, Chief Student Loan Planner at Student Loan Planner As a physician, you’ve likely taken out some student loans to get your education. Paying off those loans is a major hurdle, but if you can work for the U.S. government or nonprofit...
How much is ‘tail’ insurance?
Tail insurance. All physicians have heard this term. While this article is not going into details about the types of insurance we know, the two most common forms, Claims Made and Occurrence based are very similar yet have one significant difference. The need to buy...
[GUEST POST] How to Terminate a Contract
Guest Post - See below from Rachel Vanni and Kira Systems. This article is written from the employer's perspective, so not our typical perspective here at Contract Diagnostics. In addition, this should not be construed in any way as legal advice - which you all...
How to conduct a site visit
How to conduct a site visit - by Jon Appino 10/28/20 Once the phone calls and emails are through and both the parties show interest in each other, physicians are invited by their prospective employers to do a site visit. A site visit or an on-site interview is an...
What are the Sticking Points in Physician Contract Negotiation?
What are the Sticking Points in Physician Contract Negotiation? Contract Diagnostics - 10/5/20 The priorities in your specific contract negotiation and discussion will always be customized based on what your story is. Long term opportunity? Just a few years? They have...
Advanced Practice Nurses (NP/PA/CRNA) – you get contracts too!
While the differences between a Nurse Practitioner or Physician Assistant and a Medical Doctor or Doctor of Osteopathy can be vast (and oftentimes job descriptions too) their employment contracts are not. While the vast majority, over 98% of all physicians, are under...
3 Strategies for a Win-Win Contract
3 Strategies for a Win-Win Contract Jon Appino - Contract Diagnostics - 9/21/20 When you are reviewing a contract, it’s easy to feel overwhelmed. Even if you have many years of experience in your specialty, it can be difficult to take in all the information and try to...
Call coverage: What’s in the contract?
Call coverage: What's in the contract? You want specifics, but practices want to keep it vague by Edward Doyle - Original publication date 4/2019 The contract stated that the surgeon would join the two-physician practice at the same time as another doctor, bringing...
Why Detailing Physician Employment Location is Vital in Employment Agreements
-Jon Appino, Principle and Founder of Contract Diagnostics - 8/4/2020 More and more, we here at Contract Diagnostics are seeing the importance of including specific details about the location of employment in physician employment agreements. In the age of...
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