How much do you know about the various aspects of physiatry recruitment to include compensation, contracts, practice management?

Take this quiz and find out!


Question #1.   Should you hire someone with a personality like yours?

Question #2.   What are the two major reasons doctors leave their employer?

Question #3.   How long does the average practice search take?

Question #4.   Can a restrictive covenant apply to part-time work?

Question #5.   What was the average physiatry compensation in 2019?

Question #6.   When you leave a practice what items might you have to repay?

Question#7.   What are the 3 main factors in determining the value of the practice in a buy-in agreement?

Question #8.  What should you do to resolve insurance denials?


Answer #1.  No.  Although it would seem that you should because you think you would get along better, studies show that this is not always the case.  And, hiring someone with a personality unlike your personality is good in that they will have a different perspective which will broaden your practice’s abilities.

Answer #2.  Contract loopholes and low compensation are the two major reasons doctors leave their employer.

Answer #3.  The average practice search takes 6 months.  This considers the time to find the physiatrist, interviewing, negotiation, licensing, etc.

Answer #4.  Yes.  Part-time jobs can also be considered for restrictive covenant clauses.

Answer #5.  The average physiatry compensation in 2019 was $306,000.

Answer #6.  Sign-on bonus, recruitment stipends, relocation, student assistance clauses often include requirements that you must repay them if you leave before a certain amount of time.

Answer #7.  The 3 main factors in determining the value of the practice in a buy-in agreement are tangible assets, accounts receivable and good will.

Answer #8.  Phone calling is often necessary to resolve insurance denials.  It can be stressful and time consuming but it often resolves insurance denials.