The Money Meets Medicine podcast features Kyle Clausen, a physician contract and compensation expert, to discuss the proposed FTC ban on non-compete clauses and its implications for physicians. Clausen clarifies the legal landscape, noting the current stay on the ban and the increasing number of states introducing limitations on non-competes for healthcare workers. The discussion explores strategies for negotiating non-competes, such as limiting geographic scope and carving out exceptions for academics or specific termination scenarios. Clausen and host Dr. Jimmy Turner also address intellectual property rights, tail coverage, and the importance of understanding hospital policies in conjunction with employment contracts. They emphasize the value of contract review and negotiation, particularly concerning partnership tracks and potential acquisitions by private equity firms.
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