The PA Millionaire Path is out! If you've ever signed a contract without fully understanding it — and wondered later what you might have left on the table — this book is your roadmap for turning your income into real, protected wealth.
👉 Buy it here: https://www.millionairesinmedicine.com/pabook
"This is just a standard contract, everyone gets the same one."
If you've heard that line before signing your employment agreement, this episode is for you. In this session, Kristin sits down with Kyle Claussen, JD, healthcare attorney and CEO of Resolve, to break down exactly what PAs, NPs, and physicians need to look for before signing (or renegotiating) heir employment contract.
Kyle has spent 15 years reviewing thousands of healthcare employment contracts, and in this episode he walks through the details most medical professionals miss: non-compete enforceability by state, termination clauses that can quietly lock you in for years, tail malpractice coverage, productivity-based compensation, signing bonus clawbacks, and why "verbal promises" from an interview almost never make it into the actual contract.
Inside, you'll hear:
- Why no two employment contracts are actually "standard" — even within the same organization
- How non-compete enforceability works state by state, and why the 2024 FTC ban attempt didn't change much
- The difference between a non-compete measured "as the crow flies" vs. driving distance (and why it matters)
- Why a 3-year contract term can legally prevent you from leaving your job, even for a spouse's relocation
- What breach of contract can actually cost you — including real client examples of six-figure lawsuits
- Why tail malpractice coverage is one of the most overlooked (and expensive) contract details
- How productivity bonus structures, signing bonuses, and clawback clauses commonly get misused
- Real client examples, including one professional underpaid by six figures over 10 years due to below-market wRVU rates
- When in your job search process you should actually bring in a healthcare contract attorney
If you've ever wondered whether your contract is actually "fine," or you're preparing for your first job offer, letter of intent, or renegotiation, this episode will change how you read every future contract you're handed.
Ready for a real plan for your income, debt, and investing?
Apply to join the MiM Coaching Program here: https://www.millionairesinmedicine.com/coach
Resources / links
Resolve (contract review for medical professionals)
Use code MIM15 for 15% off Resolve services
Apply to join the MiM Coaching Program: https://www.millionairesinmedicine.com/coach
The PA Millionaire Path: https://www.millionairesinmedicine.com/pabook
Disclaimer
The Millionaires in Medicine Show is for educational and informational purposes only. The content shared is not intended as medical, legal, financial, or investment advice and should not be relied upon as such.