- The article outlines the various practice settings available to medical residents and fellows as they transition to practicing physicians, focusing on solo practice ownership, group practice ownership, employment in a group practice, hospital or health system, and employment in academic institutions.
- It discusses how each setting offers different levels of autonomy, financial implications, and operational responsibilities.
- The article emphasizes the need for individuals to consider their unique preferences and needs when choosing a practice setting. It also highlights resources provided by the American Medical Association (AMA) to support physicians in navigating their career options, including tools for understanding employment contracts and managing private practice.
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