Physician Contract Glossary · Compensation
Ownership and Setting of Fees
This clause decides who sets the prices for your services and who owns the revenue they generate.
This provision spells out who has the authority to set the fees charged for your services and who owns the resulting collections. In an employed model the practice almost always controls both. It matters because the party that sets fees and owns revenue controls your earning ceiling, and a physician who cannot influence pricing is taking whatever the practice decides the work is worth.
Understand that in most employed contracts you set neither your fees nor own your collections. Know that going in, and weigh it against the income model offered.
Related terms
The PGY-Final-Year Path
One term is one piece. Here is the whole map.
See every option
Browse 53,000+ vetted physician-owned practices across 51 jurisdictions and 28 specialties.
STEP 02Read what you are signing
The Real Contract walks you through the clauses on this page, line by line.
STEP 03Sign with a guide
Find a physician contract attorney in your state before you sign anything.
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.
Contact Lawyers in Arizona
Ā
Disclaimer: The use of the internet or this form for communication with any firm or any individual member of a firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.