Psychiatry Physician Contract Guide

Psychiatry contracts may involve outpatient, inpatient, or telepsychiatry settings — each with different compensation structures and expectations. Key terms to review:

• Psychiatry compensation benchmarks: session-based vs. salary models
• Telehealth and telepsychiatry provisions and platform ownership
• Call coverage obligations in inpatient psychiatric settings
• Non-compete radius in psychiatry markets with significant access gaps
• Prescribing authority and formulary restrictions