Question to those of you who take call and get paid:
I began my career as an employee and my "boss" took all of my call stipend. I vowed to not let that happen again.
I take call now as a partner in a single specialty practice. My partner is older and takes zero call other than our own personal patients. I do it as a sole proprietor 1099 side job and pay quarterly estimated taxes, max out a solo 401K, etc. Its been a tremendous thing as far as masochistic things go.
Now there's a new opportunity where a hospital wants to sign an agreement with us to provide coverage for their hospital, bringing in ~150K to the practice. My partner wants to take pretty much no call still, leaving me to take it with one associate, and have the money go to the practice. I don't like this at all obviously and feel like if I'm doing the majority of the work, I should keep most of that call income. I certainly don't feel like he deserves a large portion or half of that money. What do you guys think about this? I want to be fair and a team player but call is no benign thing and I should be rewarded for the work input. He hasn't exactly stated how it should be divided but I'd like some perspective before he starts talking about it. Thanks.
I began my career as an employee and my "boss" took all of my call stipend. I vowed to not let that happen again.
I take call now as a partner in a single specialty practice. My partner is older and takes zero call other than our own personal patients. I do it as a sole proprietor 1099 side job and pay quarterly estimated taxes, max out a solo 401K, etc. Its been a tremendous thing as far as masochistic things go.
Now there's a new opportunity where a hospital wants to sign an agreement with us to provide coverage for their hospital, bringing in ~150K to the practice. My partner wants to take pretty much no call still, leaving me to take it with one associate, and have the money go to the practice. I don't like this at all obviously and feel like if I'm doing the majority of the work, I should keep most of that call income. I certainly don't feel like he deserves a large portion or half of that money. What do you guys think about this? I want to be fair and a team player but call is no benign thing and I should be rewarded for the work input. He hasn't exactly stated how it should be divided but I'd like some perspective before he starts talking about it. Thanks.
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