There are steps to take when negotiating a contract such as determining the worth of service based n practice changes per patient visit and the anticipated patient load per day or week. I must say that paying at least 40% overhead for a physician overhead cost seems quite high. I am wondering if there are additional nurse practitioners in the practice if that % decreases as it seems should be split up between the practitioners. Apparently, there is a lot of thought when negotiating a contract such as taking the call and determining the percentage of the other provider's salary when rotating call, hospital rounds and revenue to the practice, etc. Another consideration when negotiating a contract is to determine if the NP will be able to practice to the full extent of the NP scope of practice, barriers that are more stringent than those in place in state law or regulations and not practicing beyond the NP scope of practice. I think for myself when negotiating a contract. I will seek legal counsel to assist me in determining a future fair deal. Also, being careful in deciding on a fair non-compete clause so it will not affect significantly with future employment. Thank you for your response to my discussion thread Lisa
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- Fall '15
- Law, NP salary surveys