Many physicians often stumble upon a common obstacle when dealing with letters of intent—they discover that these letters hold no legal weight. In simpler terms, signing a letter of intent does not obligate an employer to hire you, even if issues arise during the credentialing process or other complications occur. Employers include disclaimers in these letters to clarify their non-binding nature.
While this may seem acceptable, it poses a challenge for many physicians. They often view these letters as mere bureaucratic paperwork and sign them, assuming they can negotiate the terms later when discussing the actual contract. However, from the employer's perspective, by signing the letter of intent, the physician has essentially agreed to its contents, leaving little room for negotiation.
#PhysicianHiring #LegalPitfall #DoctorDilemma #LettersOfIntent #BewareTheFinePrint
Dennis Hursh is a veteran attorney with over 40 years of experience in health law. He is founder, Physician Agreements Health Law, which offers a fixed fee review of physician employment agreements to protect physicians in one of the biggest transactions of their careers.
Link in bio or visit kevinmd.com/podcast
SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast
RATE AND REVIEW → https://www.kevinmd.com/rate
FOLLOW ON INSTAGRAM → https://www.instagram.com/kevinphomd
FOLLOW ON TIKTOK → https://www.tiktok.com/@kevinphomd
