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    The Buy-In

    A partnership track, a $150,000 contribution, and a vote with no date. Twelve minutes.

    Runs in your browserNot legal or financial advice

    YEAR 5 · THE OFFER

    A Piece of the Practice

    Four years in, the group offers you a way in. The hospital offers you more money and no way in.

    MESSAGE · Dr. Alan Whitfield · Partner, Ridgeway Family Medicine · Mon 8:15 AM

    We'd like you to join us properly

    The partners met and we'd like to put you on the track. It means buying in — everyone here did it, and it's what makes this place ours rather than somebody's. The agreement is attached. Mercy General will always be there if you'd rather not.

    LETTER · Partners · Attached

    Ridgeway Family Medicine

    Partnership track. $210,000 during the track, $150,000 capital contribution in monthly installments, admission by partner vote. Full agreement attached, with the capital schedule.

    LETTER · Physician Services · Sent Friday

    Mercy General

    Employed position. $245,000, no buy-in, no partnership, twelve-month covenant within ten miles. Tail paid by the hospital on any exit.

    CONTRACT · Ridgeway Family Medicine · Attachment · 10 clauses

    Partnership Track Agreement

    10 clauses · index available

    SCHEDULE · Ridgeway Family Medicine · Attachment · 5 rows

    Capital Account Schedule

    What do you do?

    Computes the consequences of a choice in a scenario. Doesn't recommend a choice or predict a real outcome. A fictional physician in a fictional hospital. The arithmetic uses the cited rules; the people and the events are written.