PracticeLink Magazine

FALL 2014

The career development quarterly for physicians of all specialties, PracticeLink Magazine provides readers with feature articles, compensation stats, helpful job search tips—as well as recruitment ads from organizations across the U.S.

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Page 34 of 103

FALL 2014 | 35 PROFESSIONAL LIABILITY INSURANCE It is standard practice for the employer to decide upon the type of coverage. The contract should specify the type of cover- age and your policy limits. Generally, there are two types of malpractice insurance avail- able: occurrence and claims made. Learn more about the insurance types on page 19. TERMINATION Termination may be "for cause" (i.e. based upon a reason or justi- fcation related to job qualifcation or performance by either party) or it may be "without cause" (no reason needed). It may not be for "bad cause" (race, gender or retaliatory, for example). Make sure the conditions prec- edent of "for cause" termination are spelled out in detail and do not contain vague descriptions like "unprofessional conduct." Keep in mind that equally as important as the actual word- ing of the contract language is the intent behind such word- ing. Indeed, deciphering intent is a skill acquired over time and with experience garnered through the negotiation of simi- lar contracts. Understand that contract negotiation is an art, a delicate dance of give and take between you and the employer. Ultimately, you both want to secure your employment, albeit on different terms (as you of course seek the most favorable terms to protect your interests, and the employer seeks the terms most favorable to its interest). If you are inexperienced in negotiating employment terms, you would be wise to enlist the assistance of a skilled attorney to review your contract, or advise you on how to structure your arguments (i.e. reasons in support of the employer accepting the revisions you propose). l Roderick J. Holloman (rjholloman@ is the principal of The Holloman Law Group, PLLC (, a health care law frm with clients throughout the country. Holzer Provider Relations 740-446-5782 Positions in: Dermatology · Emergency Medicine · Endocrinology Family Practice · Gastroenterology · Hematology/Ontology · Hospitalist Internal Medicine · Nephrology · Neurology · NP/PA · NP/PA - Nephrology NP/PA - Urgent Care · Pediatrics · Pulmonology · General Surgery · Urology Join the winning team in Ohio with Holzer Health System! Highly competitive salaries and benefi ts package plus immediate production incentive, as well as relocation and sign on bonus. Electronic medical records and electronic prescribing. Hospital employed multi-specialty health system with over 150 physicians. Security for the future. Worth a look! Find your dream practice—and enter to win a GoPro camera— at WIN

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