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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.

WHAT TO WATCH FOR

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.

Related terms

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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