The business of anesthesiology
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Transcript of The business of anesthesiology
James G. Cain, MD, MBA, FAAPDirector, Perioperative Medical Services
Director, Trauma Anesthesiology
Children’s Hospital of Pittsburgh of UPMC
Visiting Associate Professor, University of Pittsburgh
Past President, International Trauma Anesthesia and Critical Care Society
Past President, West Virginia Society of Anesthesiology
The Business of Anesthesiology
Life after Fellowship
Where are we and how did we get here?
What is important to me?FamilyCareerGeographyMoney
ContractsSalaryScheduleBenefitsMed MalNon-competeLeavingStaying
Partnership
Salary1099W2Pay increasesPerformance
bonuses
BenefitsHealth insuranceDisability insuranceRetirementWork related
expenses
ScheduleCallVacationNon-clinicalCompensation
Non-competeLegal?GeographicDuration
Medical MalpracticeOccurrenceClaims made
Tail
Leaving the practiceWith cause
Loss of medical licenseInability to secure
malpractice insuranceLoss of hospital staff
privilegesConvicted of a felony“Failure to act in best
interest of group”Cure
Without causeNotice
StayingPartnership?
Dr. Chester L. Karrass
You don’t get what you deserve, you get what you
negotiate!