• Thu. May 2nd, 2024

News Eyeo

All Important News

Legal action taken by US Chamber of Commerce to prevent the enforcement of ban on noncompete agreements

By

Apr 25, 2024

The Radiology Business Management Association has not taken a definitive stance on the FTC ban, while the American College of Radiology was unable to comment on the rule as of late Wednesday. Sources indicate that many medical associations are struggling with divided memberships regarding this issue. Younger radiologists may want the freedom to change jobs locally, while older shareholders are concerned about physicians leaving for new private equity firms, potentially causing practice valuations to drop.

Bob Still, Executive Director of the Radiology Business Management Association, called this a difficult issue for all physician groups. The American College of Emergency Physicians supports the ban, stating that noncompete clauses are unfair and coercive. ACEP emphasized that emergency physicians should not be subject to harmful noncompete agreements that can stall their careers and contribute to burnout.

Texas neuroradiologist Ben White, MD, and Nisha Mehta, MD, founder of Physician Side Gigs, also commented on the FTC ban. Mehta highlighted the impact this ruling could have on physicians and their contracts, acknowledging that there may be legal challenges ahead. It is clear that this ban will have significant implications for physicians and their employment agreements in the future.

By

Leave a Reply