Contract & Benefits

Physician Recruitment Process and Compensation Overview

Financial Proforma Analysis

Physician Financial Snapshot

At the Institute's stated target of 20 to 24 patients per day, a full-time physician on this model is projected to produce roughly 8,800 wRVUs* per year, which lands near the 80th percentile* of MGMA Hematology/Oncology productivity. On a $500,000 base with a $96 conversion factor and a 5,208 wRVU threshold, that production supports total cash compensation near $845,000*, before the quality incentive and APP oversight stipend. The two-year guarantee holds the base through ramp-up, and the Institute reports new physicians reaching full volume in six to eight months, with experienced physicians closer to four to five. There is no cap on the production incentive, and physicians in the group producing 12,000 wRVUs are paid accordingly. The threshold sits below the MGMA median for the specialty, so the base is earned at a workload lighter than a typical full-time oncology practice, and every wRVU above it is paid at $96.

Compensation

This model includes assumed and/or estimated inputs where data was not provided. Assumptions are clearly marked. Final compensation details are to be confirmed by the employer.

Variable Value
Clinical days per week 5
Clinical hours per week 36 (plus 4 administrative hours)
Patients per day 22* (midpoint of the stated 20 to 24 target)
Weeks worked 46* (52 weeks less 26 personal leave days and 5 CME days)
Base salary $500,000 (new graduate tier; $525,000 at 2+ years and $550,000 at 5+ years of experience)
Incentive threshold 5,208 wRVUs (base ÷ conversion factor, as stated by the client)
Conversion factor $96 per wRVU above threshold, no cap
wRVU per visit 1.74* (derived from the client's statement that about 12,000 wRVUs equals 30 patients per day)
Bonus structure Production incentive paid annually during the two-year guarantee, then twice per year
Signing bonus $30,000 commencement bonus, paid in the first pay period after start, minus taxes
Signing bonus forgiveness period Two-year initial term
Quality incentive Up to $60,000 per year (pathways compliance, clinical trial referrals, research and reputation, publications and symposia)
APP oversight stipend $40,000 per year for physician oversight of infusion center APPs

Production Calculations

Annual Visits = Clinical Days × Patients per Day × Weeks Worked

Total wRVUs = Annual Visits × wRVU per Visit

Metric Calculation Result
Annual visits 5 × 22 × 46 5,060*
Total wRVUs 5,060 × 1.74 8,804*

Compensation Model

Incentive Compensation = (Total wRVUs − Threshold) × Conversion Factor

Total Compensation = Base Salary + Incentive Compensation

Component Calculation Result
Base salary $500,000
wRVUs above threshold 8,804 − 5,208 3,596*
Incentive compensation 3,596 × $96 $345,216*
Total production compensation $500,000 + $345,216 $845,216*
Quality incentive (maximum) $60,000
APP oversight stipend $40,000
Total cash compensation potential $845,216 + $60,000 + $40,000 $945,216*

Market Benchmark Comparison

MGMA specialty used: Hematology/Oncology (2026 MGMA DataDive, Overall). MGMA does not publish a genitourinary oncology subset, so the general specialty is the correct benchmark.

Metric Calculated Value MGMA Percentile Interpretation
Total compensation $845,216* 83rd* Well above the $580,528 MGMA median
Productivity (wRVUs) 8,804* 80th* Above the 5,788 MGMA median; consistent with a full, well-supported clinic
Pay per wRVU $96 Below the $101.80 MGMA median rate, offset by a low threshold and no cap
Incentive threshold 5,208 Sits below the MGMA median wRVU level, so incentive pay begins at a below-average workload

Market alignment: Market-Aligned Compensation. Productivity and compensation percentiles are within a few points of each other.

Three Year Projection at $500,000 Salary

Year Assumption wRVUs Production Compensation
Year 1 Ramp-up; guarantee holds base. Average production modeled at 60%* of full volume 5,282* $507,104*
Year 2 Full production 8,804* $845,216*
Year 3 Year 2 × 1.03 9,068* $870,572*

Quality incentive (up to $60,000) and APP oversight ($40,000) are additive in each year.

Benefits and Additional Compensation

AdventHealth Medical Group provides a full benefits package through AdventHealth, plus relocation and student loan support that are not reflected in the production model above.

Benefits

  • Medical: three plan options (Select, Traditional, Health Savings Plan) through Aetna, with employer contributions covering the majority of premiums. Biweekly team member cost for employee-only coverage ranges from $25.20 (Health Savings Plan) to $76.06 (Traditional); family coverage ranges from $166.86 to $356.31
  • Dental: three options through Delta Dental
  • Vision: Vision Service Plan (VSP)
  • Retirement: Adventist HealthCare Retirement Plan, a 403(b)/401(a) through Fidelity with pre-tax, Roth, and after-tax options. Employer match of 100% up to 4% in years 0 to 3.99, rising to 5% at 4 years, 6% at 10 years, and 7% at 20 years. Full vesting in employer contributions after three years
  • Supplemental 457(b) deferred compensation plan with its own IRS contribution limit, allowing combined deferrals of roughly $47,000 per year
  • Personal leave: 26 days in years 1 to 2, 28 days in years 3 to 9, 30 days at 10 or more years, covering vacation, holidays, personal, and sick time. Up to 5 unused days per year may be banked, with 20 banked days paid out at 100% on separation
  • CME: 5 days per year
  • Paid parental leave: four weeks at 100% of base pay with no minimum service requirement
  • Life and AD&D: basic group coverage equal to base salary up to $1,000,000, with supplemental coverage available
  • Disability: short-term and long-term coverage, with a provider-level long-term disability plan carrying higher monthly maximums
  • Adoption assistance: up to $10,000 per finalized adoption
  • Health savings and flexible spending accounts through Optum Financial
  • Lyra Health: confidential mental health care with appointments within two days, plus legal, financial, and family care consultations
  • Voluntary benefits including pet care, identity theft protection, and legal insurance

Additional Compensation (Non-Modeled)

  • Relocation assistance: $15,000 for out-of-state moves, $12,000 for in-state moves, paid in the first pay period after start
  • Student loans: AdventHealth is a Public Service Loan Forgiveness qualifying employer. Guild manages the employer certification and offers a student loan optimization program and an application-based employer contribution toward loan principal
  • Educational assistance up to $5,250 per year
  • Candidate site visits: flights and hotel booked and paid by AdventHealth for the physician and spouse

Contract Terms

Term Detail
Initial term Two years, then annual evergreen renewal
Salary guarantee Two years
Notice period 180 days, mutual for termination without cause
Visa sponsorship Not available at the Lake Nona campus
Medical staff requirement U.S. internal medicine residency and U.S. hematology/oncology fellowship

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