Navigating the world of private equity as a new physician can be tricky.
When joining a practice, introducing a private equity clause might seem unnecessary at first, but it offers crucial protection for your future.
Consider this: if a practice claims they would never sell to private equity, they likely won't mind such a clause.
Here's what you'll learn from this insight:
- Why a private equity clause can be a valuable safeguard.
- How it impacts your decision-making and future options.
- The importance of planning for unforeseen changes in your career.
A recent example highlights the potential benefits and pitfalls of not considering future scenarios.
How do you approach safeguarding your career when joining a new practice?
Veteran attorney Dennis Hursh discusses his article "Private practice employment agreements: What happens if private equity swoops in?"
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