C43 - Residents in Private Practice

Event Time: Sunday May 5, 2019 7:00 am to 9:00 am
Topic(s): Practice, Policy, and Ethics, Academic, Career Essentials
Director(s): Anil Dhuna MD, FAAN
Description: This course is intended to provide practical, useful, real-world advice for medical students, residents, and fellows who have an interest in private practice and need more information to determine their specific career path. Faculty will describe the potential career pathways in private practice beyond patient care, with an emphasis on research, teaching, and advocacy. Specifically, the course will address these topics: What are the compensation models in private practice and what are the geographical salary variations? What are the advantages and disadvantages of a fellowship and which fellowship? What are some contractual considerations I need to be aware of in the employment agreement? There will be two 25-minute small group round table discussions with mentors from small practice, multi specialist groups, and large health care systems and discussion topics will include a typical day in private practice, anticipated patient load and hours, malpractice risks, burning out, and the value of mentoring to maintain a healthy work-life balance.
Completion Message: Participants should be able to make a more informed decision regarding their suitability for private practice and vice versa, and gain better understanding of contractual considerations during the employment agreement negotiation process, geographical differences in salary, and guidance on how to maintain research and teaching interests while maintaining a private practice.
CME Credits: 2
Core Competencies: Patient Care, Practice-Based Learning and Improvement

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