Physician Contract Glossary · Contract Structure
Employer
The employer is the legal entity that hires you, controls your work, and owes you the obligations in the contract.
The employer is the party on the other side of your contract: the entity that controls your duties and schedule and owes you compensation and benefits. Identifying the true employer is the first step in reading any contract, because a hospital, a physician group, and a private-equity-backed management company each create very different working realities even when the job description looks identical.
Research who the employer actually is, including who owns them. A practice owned by private equity or a management services organization can change your day-to-day reality regardless of what the contract's clinical language promises.
Related terms
The PGY-Final-Year Path
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STEP 02Read what you are signing
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STEP 03Sign with a guide
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Stop being recruited. Start choosing.
You are about to sign something the senior people in your program signed without reading.
They had no guide either. You do. Start with the option that costs you nothing: see every practice that is actually out there before anyone hands you a contract.
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