Contract Diagnostics was selected by the American College of Cardiology to be official provider of contract review services.

Stop leaving money on the table! Sign up for a free 15-minute evaluation call with our team.

Are you confident you’re being compensated fairly? Let us help you find out. Sign up for a free 15-minute evaluation call with our team.

In the world of medicine, where precision is paramount, and decisions can mean the difference between life and death, one might assume that physicians are equipped with the same level of accuracy regarding their decisions regarding compensation. After all, doctors navigate a labyrinth of medical complexities daily, so it’s only natural to assume they approach their professional compensation planning with similar finesse. However, the reality is often quite different.

A significant knowledge gap regarding physician contracts and compensation structures can have profound implications for a physician’s career trajectory and financial well-being. The decisions made about contracts today shape the landscape of tomorrow, yet the need for more awareness and misconceptions surrounding these vital agreements are an all-too-common issue.

The healthcare market saw dramatic changes during the pandemic. Recovery for physician compensation has been steady but has varied among various medical specialties, employment types, and locations. While many physicians continue to see compensation increases, such as in emergency medicine, primary care, and select subspecialties, others find themselves either with flat salaries or slight decreases.

While the demand for physicians continues to grow, physicians are confronted with increasing levels of work-related burn-out, economic factors such as high inflation, and potential cuts in Medicare. The current trend is for hospital or significant healthcare system employment rather than independent private practice, but even that may change.

Closing the Knowledge Gap

Physicians are highly trained professionals who dedicate years to mastering their craft, but many find themselves in uncharted territory on the business side of medicine. The complexities of physician contracts and compensation structures can be overwhelming, leading to a substantial knowledge gap that leaves even the most seasoned physicians needing clarification on the best course of action.

Have you ever asked yourself questions like the ones below?

  • I have not had a raise – is anyone else getting one?
  • Do I have the same compensation as my peers?
  • How do I know what fair compensation for my skills and expertise is?
  • Are there any non-monetary benefits or perks that I should ask for?
  • How do I ask for more favorable call schedules or time off?

Physicians need to be able to make informed decisions about their employment contracts, compensation, benefits, and work schedules. Physicians’ lack of awareness or perceived lack of knowledge does not prevent physicians from educating themselves and seeking help to understand the intricacies of contracts.

Physicians Should Consistently Educate Themselves

As physicians, we must empower ourselves with knowledge that can significantly impact our careers and financial well-being. It is natural to seek clarity and guidance when we need more answers. Physicians need to learn how to take control outside of the operating room or patient care center to take care of their overall compensation, and the best way to do that is to find out what the latest trends are and how they fit in individually in their desired location.

Dispel misconceptions and myths with facts, statistics, and verified trends, not hearsay. Knowledge about how physician employment compensation is designed, implemented, and renewed is essential for every physician.

On Thursday, September 7th, we will have a free live online informational lecture to allow physicians to navigate fair compensation without getting caught off-guard with unnecessary and avoidable surprises. We will address the most common misconceptions surrounding physician contracts and compensation during the lecture. We’ll dive into the most significant mistakes often made during contract negotiations, uncover the red flags to watch out for, and equip you with the tools to evaluate job opportunities objectively. We aim to ensure you have the information you need to make informed decisions and protect your interests effectively.

This lecture is not a sales pitch. Our intention is purely informational – we will not sell or pitch anything — in fact, 95% of the slides are unbranded, and the talk is currently under review for Certified Medical Education. At Contract Diagnostics, we are committed to supporting you throughout your entire career journey. We started this company over 12 years ago with education top of mind, and these types of events allow us to continue that promise over a decade later. When you need our services, we will be right by your side, ready to assist you in navigating the intricacies of physician contracts. In the meantime, we aim to provide valuable information that empowers you to make informed decisions about your career and compensation. We are here to ensure you have the knowledge and insights to succeed now and in the future.

Why should I attend?

Attending the free lecture is not just about acquiring knowledge – it’s about taking control of your career trajectory and securing your financial future. It’s about discovering the insights that can help you navigate the complexities of physician contracts, safeguard your interests, and ultimately thrive in your chosen field.

Practicing physicians today face many challenges regarding their employment contracts, compensation, and benefits. Now is the time for physicians to become informed by attending the free lecture.

You can’t object to details in your contract if you don’t know about them at the start. Click to register for the free online lecture: What You Will Learn: Unlocking the Secrets of Physician Contracts and Compensation.

Physicians have often been perceived as having limited negotiation and contract skills. It’s crucial to recognize that large corporate entities that own hospitals often have teams of lawyers dedicated to crafting contracts that may not be in the physician’s best interest. This is why education becomes paramount. While employers may tout fair or standardized contracts, the reality is that they often exploit the perception of physicians being less adept in contract negotiation. It’s essential to bridge this knowledge gap to level the playing field and ensure physicians are well-informed advocates for their careers.

What You Will Learn: Unlocking the Secrets of Physician Contracts and Compensation

Understanding physician contracts is critical to your career journey, influencing your compensation, benefits, work schedules, and more. This informative lecture will dive deep into physician contracts and compensation.

Here’s what you can expect to learn:

👉The Biggest Mistakes Made in Physician Contract Negotiations (And How You Can Fix Them).
👉Understanding and Balancing the Top 3 Risks in Your Employment Contract.
👉5 Red Flags to Watch for in Physicians’ Contracts (And What to Do About Them).
👉The #1 Factor Most Physicians Do Not Consider When Considering a Job Opportunity.

Who Will Facilitate the Learning: Expert Speakers

Our educational lecture will be facilitated by industry experts dedicated to empowering physicians to make informed decisions about their contracts and careers.

DR. KATHRYN SARNOSKI

DIRECTOR OF PHYSICIAN EDUCATION, CONTRACT DIAGNOSTICS

Dr. Kathryn Sarnoski is a board-certified OBGYN with years of experience in the healthcare industry. She is currently the Director of Physician Education at Contract Diagnostics and is passionate about helping physicians navigate the complexities of contracts and compensation. Dr. Sarnoski is a sought-after speaker and author on topics related to physician contracting and is a strong advocate for physicians. She believes that physicians should be able to focus on providing quality care to their patients without worrying about the complexities of contracts and compensation. She is committed to helping physicians understand their rights and negotiate fair contracts.

JON APPINO

FOUNDER & CEO, CONTRACT DIAGNOSTICS

Jon Appino is the Founder and CEO of Contract Diagnostics. He has spent over a decade disrupting the contract review space. He has discussed thousands of contracts with physicians and understands the challenges and opportunities of understanding how your story matters in compensation discussions. He passionately advocates for physicians and believes they deserve to be compensated fairly. He also firmly believes in the power of data and technology to improve the healthcare system.

Conclusion

At Contract Diagnostics, we’re committed to supporting physicians throughout their careers. We provide information, guidance, and resources to help you succeed. When you need our services, we’ll be here for you. In the meantime, join us for this valuable learning opportunity and take the next step towards mastering your physician contracts.

Mark your calendars, reserve your spot, and get ready to unlock the secrets of physician contracts and compensation. Your career deserves it.

Past Attendees’ Feedback

“Understanding the vital insights we need as physicians before entering interviews.”

“Gaining insights into how hospitals wield control over research.”

“The most beneficial takeaway: the knowledge that virtually everything is open to negotiation.”

“Incredibly comprehensive and invaluable information.”

“Acquiring knowledge about various types of malpractice insurance and their coverage.”

“Empowering understanding that all aspects are negotiable, including addendums and letters.”

“Mastering the art of negotiating benefits effectively.”

“This marked my first exposure to Contract Diagnostics, and it was both enlightening and informative.”

“Providing a diverse range of topics for discussion.”

“Highlighting Dr. Kathryn’s dual perspective as a physician, offering insights from both sides.”

“Gaining a panoramic understanding of the critical components.”

Testimonials for Contract Diagnostics

“Jon, I can’t tell you how much I appreciate your help. You have relieved so much stress from this process. The results speak for themselves; there is nothing else to say. My family and I say ‘thank you.” Dr. Taylor

41% increase after no raise for 7+ years

“Contract Diagnostics team, what a process. I’m thrilled at the outcome. I will be calling in 2 years and sending all my colleagues your way. Well done.

$1M+ base salary, $150K retention, increase CF

Do Not Settle for Less Than What You Deserve

Imagine what a 10%+ increase in your compensation could mean for your financial future. With just a simple conversation with our team, you could be on your way to securing the salary you deserve. Our team can help make that a reality. Schedule a FREE 15-minute evaluation with us now, or click on one of the options below to learn more.

Do you want to find out if your current compensation is fair?

Have an upcoming contract that you require help with?

Subscribe to Contract Diagnostics and never miss a story!

Get valuable updates delivered to your inbox for free!