The Federal Trade Commission’s proposed rule to prohibit employers from using non-compete clauses in employment agreements would have sweeping impact on health care practices and hospitals employing restrictive covenants in clinician contracts. Hospitals and practices that invest significant time and money into getting a clinician up and running are at risk of seeing that clinician not only walk out the door, but cross the street and join, or set up, a competing business.
Takeaways for general counsel, C-suite executives, human resource professionals and others involved in hiring and retention decisions will include:
- A review of the FTC’s proposed rules, timing and next steps
- Implications for health care organizations, including navigating formal comments, lobbying and compliance with the final rule
- Ways that hospitals and practices can begin to protect themselves from employee poaching if the ban goes into effect
The webinar will be recorded for those unable to attend live.