Contract & Benefits

Physician Recruitment Process and Compensation Overview

The position offers a $600,000 base salary guaranteed for two years, with production paid quarterly on top of the base. You always receive the base as a floor, and you earn additional compensation on every wRVU above the incentive threshold of 9,207 at a rate of $65.31 per wRVU with no earning cap. That threshold sits just above the MGMA median wRVU production for non-invasive cardiology, so the guarantee protects your income while you build volume. Given no competing cardiac program across a 42,000 square mile region and current wait times measured in months, reaching and passing the threshold is realistic within the first two years. At a full-production estimate near 10,510 wRVUs, total compensation lands around $685,000, above the MGMA median of $633,804 for the specialty. The base guarantee of $600,000 already exceeds the value of median production, so the structure favors the physician during the ramp and rewards higher volume afterward.

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 4*
Clinical Hours per Week 32*
Patients per Day 16*
Weeks Worked 46*
Base Salary (Two-Year Guarantee) $600,000
Incentive Threshold 9,207 wRVUs
Conversion Factor (above threshold) $65.31 per wRVU
wRVU per Visit 3.57* (clinic visits plus non-invasive testing reads)
Production Payment Frequency Quarterly
Sign-On / Relocation Included; amount negotiable
CME Allowance $5,000
License and Dues Allowance $1,000

Production Calculations

Annual Visits = Clinical Days × Patients per Day × Weeks Worked Total wRVUs = Annual Visits × wRVU per Visit

Metric Value
Annual Visits 2,944*
Total wRVUs (full production) 10,510*

Compensation Model

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

Metric Value
Base Salary $600,000
wRVUs above Threshold 1,303*
Incentive Compensation $85,099*
Total Compensation (full production) $685,099*

Market Benchmark Comparison

Metric Calculated Value MGMA Percentile Interpretation
Total Compensation $685,099* 59th* Above the MGMA median for non-invasive cardiology
Productivity (wRVUs) 10,510* 61st* Above median production
Pay per wRVU $65.19* Efficient production-to-pay ratio

Productivity and compensation percentiles fall within roughly ten points of each other, which indicates a Market-Aligned Compensation structure. The incentive threshold of 9,207 wRVUs sits near the 53rd percentile of MGMA non-invasive wRVU production, just above the median, so incentive earnings begin at a production level that regional demand supports.

Three Year Projection

Year wRVU Assumption Total Compensation
Year 1 (Ramp) 7,500* $600,000 (base only)
Year 2 (Full Production) 10,510* $685,099*
Year 3 (Year 2 × 1.03) 10,825* $705,652*

Malpractice Coverage

Variable Value
Coverage Type Claims-made with tail coverage
Limits $1,000,000 / $3,000,000*

Benefits

Benefis pairs the guaranteed base and quarterly production with a benefits package built for long-term practice. Eight weeks of paid time off each year covers both PTO and CME, which lets you attend conferences and keep board certification current without spending vacation time. Retirement benefits include an employer match of 5 to 7% of salary into a 403(b), plus a 457(b) deferred compensation plan for additional tax-advantaged savings.

  • Guaranteed base salary with production paid quarterly and no earning cap
  • 8 weeks paid time off annually, covering PTO and CME
  • $5,000 annual CME allowance
  • $1,000 annual allowance for licenses, board certifications, and dues
  • Sign-on and relocation incentives, amount negotiable
  • Health insurance (medical, dental, vision) with multiple plan options
  • Employer retirement match of 5 to 7% of salary in a 403(b)
  • 457(b) deferred compensation plan
  • Paid malpractice with tail coverage (claims-made)
  • Life insurance and disability coverage
  • Physician wellness support

Immigration Support

Benefis supports international physicians through the Conrad State 30 J-1 Visa Waiver Program, which includes cardiology in this underserved region. The program requires three years of full-time service, and Benefis has a 100% approval record for its cases. H-1B holders and physicians seeking permanent residency receive immigration counsel, with attorneys handling green card applications, and the health system covers immigration costs.

  • Conrad State 30 J-1 Visa Waiver Program participation
  • Immigration counsel with a 100% success record for Benefis cases
  • Three-year service commitment
  • H-1B support and green card sponsorship
  • Physician must be physically present in the U.S. for the visa waiver application
  • Immigration costs covered by Benefis

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