ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 34: ER-Specific Contract Concerns

It’s inevitable: you’re going to have to sign a contract. If you have already, you will likely have to sign another, and probably another, as there is always movement in emergency medicine. This can feel overwhelming. A large group of people want to get you signed up, and they want a decision quickly. It’s often the case that you have competing offers, each with different types of income (W-2 or 1099), various benefits, and of course various legal obligations and potential ramifications. Since you likely don’t specialize in contract law, there is a lot at play here that shouldn’t be taken for granted.

In this episode, we go over the common areas of contract concerns you probably haven’t even considered, then look into why groups are set up differently, even when your responsibilities may seem the exact same.

Topics Discussed:
  • The benefit of hiring a professional.
  • The two types of contracts to be aware of. 
  • Why you must agree upon benefits in your contract.
  • The importance of knowing how many hours you’re expected to work. 
  • Whether your compensation is paid to your social security number.
  • Why groups pay differently.
Resources Mentioned:  


planning, financial planning, ER doctor, doctors, legal, contracts