Practice Management

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  • 1.  Termination clause in physician contract

    Posted 10-16-2019 07:48

    Good morning all,

     

    What is everyone using as the time frame for termination without cause in your radiologist contracts? 90 days? 180 days? Is one 'better" than the other?

     

    Thank you.

     

    Joanne Manowczak

    Business Manager, WRRA

    Email to: readingradiology@earthlink.net

    (484) 628-8936  - Fax (610) 736-0721

    www.readingradiology.com

    wrra logo

     



  • 2.  RE: Termination clause in physician contract

    Posted 10-16-2019 09:28
    We use 90 days for employed physicians. Physicians who make Partner sign new contracts with 180 day language.

    The thought is that we couldn’t use a year even though it could take that long to recruit.

    For the employed physicians, 180 days would be too long for either side potentially.


    Barry Nielsen, MBA, CRA, RT(R), CPC
    Practice Administrator
    Casper Medical Imaging and Outpatient Radiology
    Office: 307-232-5046<tel:307-232-5046> * Cell: 541-668-1824<tel:541-668-1824>

    [image010]


    Original Message


  • 3.  RE: Termination clause in physician contract

    Posted 10-16-2019 09:57

    We use written notice of 180 days

     

    Ginny Canfield

    TRUMBULL RADIOLOGISTS, INC.

    P     330-841-5807

    F     330-841-5858

    E    VCANFIELD@TRUMBULLRADIOLOGISTS.COM

     




    Original Message


  • 4.  RE: Termination clause in physician contract

    Posted 10-16-2019 11:18
    Joanne,

    We use 90 days written notice for termination without cause.  Once a radiologist submits his / her resignation, we understand that it will take us a while to recruit a new radiologist.  

    However, the 90 days has been convenient when our group has decided to terminate a physician.   Depending upon the circumstances, we have termed a doctor without cause (instead of for cause), paid the 90 days of base pay, and had the doctor leave immediately.  

    The alternative of course is immediate termination for cause.  However, sometimes a legal dispute arises with the "for cause termination" and it has been easier and less expensive to just pay the 90 days base pay per our employment agreements.  

    Please contact me via email or at 417-894-0878 if you have any questions. Thanks and have a wonderful day. 

    Jay Smith, CPA, MBA 
    Executive Director
    Litton & Giddings Radiological Associates, P.C. 
    P.O. Box 14049
    Springfield, MO 65814 

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  • 5.  RE: Termination clause in physician contract

    Posted 10-16-2019 14:56
    I agree with Jay's comments.  but will add, for an amicable split or retirement, 180 days is better to be able to recruit, credential, licensing, etc to get the new rad able to start work (and get paid for services!)

    --
    Stan

    S. H. Podolski III, CPA, CIA, CHBME
    President 
    Podolski Advisory Services Limited



    Original Message


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