Private practice pay structure

How does the pay structure of a private practice usually work? A job I recently interviewed at said it’s 1099, salary is 425 and stays there. They stated that is how the group is structured and there’s no real partnership, or any increase in salary or bonus in the future. I assume this means they are just taking advantage of the new hires/non partners then right?
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Tags: Anesthesiology Source Type: forums