This article is sponsored by Contract Diagnostics. Contract Diagnostics educates physician clients on negotiating techniques, specific requests, and overall deal insights through their proprietary review process. We empower physicians at every stage of their careers to maximize their compensation.
Unlike traditional law firms, Contract Diagnostics provides more comprehensive advice. Although their attorneys review all contracts, the final review is tailored to each client’s unique situation, taking into account all nuances and personal needs. Contract Diagnostics creates 100 percent customized processes and never sends agreements to outside firms, valuing each client’s story in the review process.
Key takeaways
1. Contract Diagnostics helps all physicians in all states and all specialties. We are dedicated to this craft and have served over 12,500 physicians for over a decade. We have over 90 years of experience in health care, contracting, and executive hospital management.
2. We focus our services on physician contracts only. We do not go to court, sue people or companies, sell insurance, or recruit physicians.
3. We have specific packages for all physician needs, including re-negotiation.
4. We have numerous datasets on compensation and benefits with continual updates.
5. Flat rates and deferred invoicing are available beginning at $250.
6. We have a very active referral program. Become part of the Contract Diagnostics community.
7. All contracts are reviewed within a few days; rush services are available; just ask.
8. Excellent track record, many thousands of satisfied physicians, and return customers.
9. We help physicians with J-1 or H1-B visas.
10. We believe there is a better way of doing physician contract reviews, which involves understanding your story and how it relates to your compensation plan.
Custom built reviews
Physicians face a daunting task today with a mosaic of different contracts. Contract Diagnostics founder Jon Appino created the first company in the US to review physician contracts in all 50 states for all specialties. He started his career as a pre-med major and then shifted to the business of medicine. Today, he dedicates his career to the education of physicians in the non-clinical business aspect of medicine.
Contract Diagnostics’ educational approach has been well received since 2011 and promoted by many clinical program directors and national associations. It was built on a foundation of offering more unique solutions to physicians in the ever-changing health care marketplace. He assembled experts to provide a 360-degree contract review while understanding the uniqueness of a physician’s career angles, twists, and surprises.
Unlike many other contract services companies, Contract Diagnostics dedicates all its resources to physicians’ contracts, nothing else. Its comprehensive approach incorporates the latest trends, statistics, and market variances.
Contract Diagnostics is always at the forefront of the industry. We monitor daily trends such as the changing laws for non-compete clauses, student loan reimbursement programs, and anti-burnout programs. No other company can provide the same information since Contract Diagnostics specializes in analysis depending on location, physician specialty, and even subspecialties.
Medical school and residency prepare physicians to be doctors; Contract Diagnostics ensures dedication and excellence translate to the best opportunities and career advancement.
Contract Diagnostic Services
Contract Diagnostics provides the most comprehensive physician employment contract review on the market. It operates in all 50 states and across all physician specialties and health care entities. It has a long track record of success, with many surprisingly positive results.
Our services include:
- Contract negotiation
- Available for some packages: 12 months of unlimited support with no additional charges
- Fast service within 2-5 days. A 1-day express option is available
- No hourly fee, just one flat price, starting at $250
- Pay your fee in installments with no interest
- We have in-house attorneys, but should you need a state-specific attorney, we can refer you to in-state counsel to help with your needs.
We have worked with physicians for decades in various roles and capacities. Our team of professionals includes MBAs, health care attorneys, and experienced health care executives. Our constant dedication and focus on keeping up on critical areas in physician compensation provide us with the perfect niche for this vital discussion with you.
We are dedicated to your financial success. We never sell or barter your information without your consent. We respect your privacy, so there are never unexpected sales pitches for disability insurance or financial management products. Your time is too valuable.
Compensation and benefit review
We review your salary, signing incentives (signing bonus, stipends, loans, relocation), and all bonus structures (wRVU, collections, quality, performance, citizenship, etc.), plus your benefits in total.
Your malpractice insurance will be straightforward. Your obligations during and after your agreement will be understood. Contract Diagnostics’ team of experts will provide a comprehensive approach to everything you need and suggest some things you may not even be aware of.
It’s all we do.
Compensation comparisons
Your compensation data will be presented to you in the industry’s most up-to-date and comprehensive manner. We use a personalized approach based on your specific situation and story.
Your contract will be compared to the best information available using real-time, proprietary data. We use industry standards, such as MGMA, with no lag. Some published datasets can be a year old or more, but not ours.
We educate, listen, and implement. We do not charge per email or hourly.
Our due diligence is your due diligence. We fill in the gaps and take time and steps to ensure your contract meets specific standards.
We customize our approach to the physician’s specific needs, leaving no stone unturned.
Restrictive covenants review
We review any restrictions, non-competes, interference, solicitation clauses, and your obligations for termination.
Today’s physician market is ever-changing. Restrictive covenants are generally governed by state law and can vary from state to state.
While restrictive covenants are generally enforced depending on time and scope, restrictive covenants evolve from common law to statutory regulation. Proponents pending in Congress and at the Federal Trade Commission portend regulation there.
State legislatures are working to narrow the circumstances under which restrictive covenants may be enforced. Likewise, the federal government is taking steps to act on President Biden’s 2021 Executive Order on Promoting Competition in the American Economy.
We will keep you up-to-date on all the proposed changes and when and if changes apply to you in your jurisdiction.
Physician education
Through knowledge, there is power. As a physician, you know this well, but there are always the limitations of time and resources.
Over half of the physicians feel that they are not paid fairly or understand what is in their contracts. Don’t be one of them.
We don’t just review your new physician contract; we explain it in a language you can understand.
We provide free educational lectures (webinars) to help you discover compensation trends, predictions, strategies, tactics, and tips. We have a national director of physician education on our staff who can provide guidance and updates on any relevant topic.
We provide blogs and podcasts on the latest compensation trends, hospital contracts, fee schedules, and more. We will keep you up-to-date on crucial national press releases.
How do we stack up?
Above all, our physician clients love us. We provide all the missing information and assurances that physicians seek in this challenging and evolving health care marketplace.
You have worked too hard to get to where you are today; it’s time to find an ally to help you navigate your physician contract. Taking control of your compensation is vital, regardless of where you are in your medical career.
Ask us about our Compensation Rx program. It is a novel tool in the fight for fair pay across all physician specialties regardless of the market or the tenure of the physician.
Similar to an annual checkup for your health, some physicians see us yearly for their compensation checkup, and we encourage you to start today. Your compensation journey is unique, and we are here to guide you every step of the way.
Contract Diagnostics has the expertise and experience to bring you to the next level.
The Contract Diagnostics team offers comprehensive consulting services tailored to physicians and their families, addressing employment contracts and compensation structures. Our expertise spans contract physician compensation, schedules, benefits, and more.
Our mission is to establish a central resource where physicians can access information, consulting, and coaching to navigate the intricacies of employment contracts and compensation structures, ensuring equitable remuneration.
Questions? Feel free to reach out to us via our website or at 888-574-5526.
