Healthcare providers: is this crazy?

[Anonymous]

Go to white coat investor forum for this question

[Anonymous]

What is the incentive to stay? If you are good patients often will follow a provider. I followed my doctor when the practice was bought out. He left and so did two other colleagues. Eventually I heard the quality of the original practice declined and when I look at current reviews for the practice they are awful.

[Anonymous]

Anonymous wrote:Office got bought up by private equity, and the new owners want to convert direct providers from contractors to employees
They're not offering any PTO, no mention even of the usual New Year's, Xmas, etc, and scanty benefits. Plus there's a clause that any insurance payments received after we leave whether voluntarily or involuntarily will be forfeited.
I am NOT signing, just wondering if this is industry standard now
Thoughts?

Are you a physician?