Dr. Bryan Carmody, also known as "The Sheriff of Sodium" on social media channels, joins attorney, Kyle Claussen, to discuss the current and future employment landscape for physicians.

Primarily, Dr. Carmody gives his thoughts on the physician shortage, or lack thereof, explaining how the real problem may be improper distribution of physicians across specialties and locations. This in turn reduces patient access to the right care at the right time.

Dr. Carmody and Kyle also address how AI could affect physician jobs and access to care. Will AI replace much of what physicians do? Will it provide additional care in underserved areas or at traditionally inconvenient appointment times? Learn more in this podcast episode!

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About The Review Podcast by Resolve

The business of medicine is constantly changing. The Review Podcast by Resolve discusses current contract issues for physicians, compensation trends and tips for a successful career. Every physician's contract and career is different, and nothing in this episode should be considered legal advice. If you have specific questions about your career, please consult with an attorney.

Listen to more episodes at https://podcast.resolve.com/

Learn more about Resolve at https://www.resolve.com/

When joining a private practice, a physician may encounter a recruitment agreement, which is a document separate from the employment contract.

New or smaller practices may not have funds immediately available to hire a physician, particularly a highly-paid specialist. Since a nearby hospital system will value services and procedures that the newly-hired physician performs, they effectively loan money to a practice in order to pay the physician. This is all accomplished through a recruitment agreement.

The physician who signs the recruitment agreement then has an obligation to both the private practice and the hospital system. They will often have to practice in the same geographic location for a certain number of years, or risk repaying some of the compensation originally offered by the recruitment agreement.

Physician contract attorneys Lauren Kaufman and Kyle Claussen explain the purpose of recruitment agreements, the obligations they place on physicians, how they interact with employment contracts, and more.

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About The Review Podcast by Resolve

The business of medicine is constantly changing. The Review Podcast by Resolve discusses current contract issues for physicians, compensation trends and tips for a successful career. Every physician's contract and career is different, and nothing in this episode should be considered legal advice. If you have specific questions about your career, please consult with an attorney.

Listen to more episodes at https://podcast.resolve.com/

Learn more about Resolve at https://www.resolve.com/

For most physicians, signing an employment contract is the first major step toward reaching their financial goals. The dramatic increase from a trainee's compensation to that of an attending opens up new doors, allowing physicians to truly start paying off debt and investing.

Further optimizing an employment contract for higher compensation and career longevity from the start will provide the stable income needed to reach financial goals quickly and prevent burnout.

Dr. Jim Dahle of The White Coat Investor joins Resolve CEO and attorney, Kyle Claussen, to discuss physician finances, contracts, and more, including:

• Dr. Dahle's background and The White Coat Investor's mission
• What financial planning means for physicians and how contracts factor in
• The importance of knowing fair compensation based on specialty and location
• How working as a W2 employee compares to being a 1099 independent contractor
• Optimizing a contract for burnout prevention and career longevity
• The shift of physicians from private practice to employed settings
• How physicians can discover their worth and advocate for themselves

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About The Review Podcast by Resolve

The business of medicine is constantly changing. The Review Podcast by Resolve discusses current contract issues for physicians, compensation trends and tips for a successful career. Every physician's contract and career is different, and nothing in this episode should be considered legal advice. If you have specific questions about your career, please consult with an attorney.

Listen to more episodes at https://podcast.resolve.com/

Learn more about Resolve at https://www.resolve.com/