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The best time to start thinking about renegotiating an employment contract might be before you sign on the dotted line the first time. What you put in place then will define discussions in the future. But whether you landed a plum of a deal or a lemon, round two will be different. In either case, the key to success is to be prepared and proactive.
By the fall of 2012, 53 percent of cardiology practices that responded to an online survey reported being fully integrated with a hospital or health system, with the majority agreeing to three- to five-year contracts. Fourteen percent were in the process of integrating and yet another 11 percent were considering the option. Now, as 2014 heads to a close, many of those groups find themselves in the throes of renegotiating contracts or...