Minnesota Physician July 2019

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MINNESOTA

JULY 2019

PHYSICIAN

THE INDEPENDENT MEDICAL BUSINESS JOURNAL

Volume XXXIII, No. 04

Physician employment agreements Understanding assignment provisions BY ANTONIO “TONY” FRICANO, JD

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s legislators debate the politics of the single-payer system (or a version of that), the free market continues down the path of consolidation, oblivious to the political discussion. Health systems and payers are purchasing physician practices, and larger health systems are purchasing smaller health systems.

Adverse childhood experiences Trauma in youth affects long-term health BY PAM BECKERING, MS, LPCC

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met “Donna” several years ago when I was practicing as a therapist. She was coming to see me because she was struggling with life and was getting tired of being unable to live a quality lifestyle. Talking with her, I found out that Donna was married, was not able to work due to some chronic health issues, had a bout with cancer, and was not able to function in her daily living activities. Whenever she smelled a hot smell, she would have a panic attack. As I learned more about her, I found out that she had a close call with death and was recovering from drug and alcohol use. She had a tumor residing in her Adverse childhood experiences to page 104

If you are a physician with an equity stake in the group that is being acquired, you are in a pretty good spot. You will likely be compensated for the sale of that equity consistent with a fair market value analysis, and you will likely receive an employment contract as the new owner attempts to establish continuity for the clinic operations. But what if you are an employed physician? What if you are a contracted physician? You will Physician employment agreements to page 244


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