Physician Contract Glossary · Contract Structure
Parties to the Contract
The parties to the contract are the specific legal entities bound by the agreement, and knowing exactly who employs you matters.
The parties are the named entities the contract legally binds. It sounds obvious until you notice you are being employed not by the hospital whose name is on the building but by a management entity, a staffing company, or a subsidiary you have never heard of. Who actually employs you determines who owes you your pay, who enforces your non-compete, and who you would be dealing with if things go wrong.
Confirm the exact legal entity employing you and look it up. If the employer is a thinly capitalized subsidiary or a staffing intermediary, the promises in the contract are only as solid as that entity.
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The PGY-Final-Year Path
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