Contract & Benefits

Physician Recruitment Process and Compensation Overview

Physician Financial Snapshot

This position offers a guaranteed base salary of $600,000 for your first two years, with unlimited productivity upside layered on top. Every wRVU you produce is credited at $63.87, and once your combined production and quality earnings exceed your base, the difference is paid to you as an annual bonus. A separate quality incentive worth up to $60,000 (10% of base) is earned through five readily achievable metrics. With procedures currently booked months in advance and a retiring physician's referral base transitioning to you, the ramp to full production is expected to be fast. At a realistic full-practice volume, total compensation projects above the 90th percentile of national gastroenterology benchmarks while the guarantee protects your income as you build.

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* (schedule is flexible and physician-directed)
Weeks worked 44* (net of vacation and CME time)
Patients/procedures per day 16* (blended clinic and endoscopy volume)
Base salary $600,000
Salary guarantee 2 years
Conversion factor $63.87 per wRVU
Incentive threshold 9,394 wRVUs (base salary ÷ conversion factor)
Quality incentive Up to $60,000 (10% of base, 5 metrics at 2% each)
Bonus structure Paid annually in February/March for the prior calendar year
Signing bonus $20,000
Signing bonus forgiveness period 2 years

Production Calculations

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

Total wRVUs = Annual Visits × wRVU per Visit

Metric Calculation Result
Annual visits/procedures 5* × 16* × 44* 3,520*
wRVU per encounter Blended clinic and procedural average 3.0*
Total wRVUs 3,520* × 3.0* 10,560*

Compensation Model

wRVU Compensation = Total wRVUs × $63.87

Total Compensation = wRVU Compensation + Quality Compensation

Annual Bonus = Total Compensation − Base Salary Paid

Component Calculation Amount
Base salary (guaranteed) Provided $600,000
wRVU compensation 10,560* × $63.87 $674,467*
Quality compensation 10% × $600,000 $60,000
Total compensation $674,467* + $60,000 $734,467*
Annual bonus above base $734,467*$600,000 $134,467*

During the two-year guarantee you are paid the greater of your $600,000 base or your calculated total compensation. If production runs below the threshold, the guarantee holds your income at $600,000 while quality earnings still count toward your total.

Market Benchmark Comparison

MGMA specialty used: Gastroenterology (2026 MGMA DataDive, Overall). Selected because this is a general GI position with no subspecialty requirement.

Metric Calculated Value MGMA Percentile Interpretation
Total compensation $734,467* Above 90th* Projects above the national 90th percentile of $672,745
Productivity 10,560* wRVUs ~80th* Strong but attainable volume for a busy general endoscopist
Pay per wRVU $63.87 Represents 90% of the blended survey rate, with the quality incentive delivering the remaining 10%

The incentive threshold of 9,394 wRVUs falls near the 80th percentile* of MGMA gastroenterology productivity, and the $600,000 base that accompanies it sits well above the MGMA median total compensation of $492,311. Compensation percentile exceeds productivity percentile: Highly Competitive Compensation.

Three Year Projection

Year Total wRVUs wRVU Compensation Quality Compensation Total Compensation
Year 1 (ramp) 8,448* $539,574* $60,000 $600,000 (guarantee applies)
Year 2 (full production) 10,560* $674,467* $60,000 $734,467*
Year 3 (3% growth) 10,877* $694,694* $60,000 $756,501*

Malpractice Coverage

Item Detail
Coverage Employer-provided professional liability protection
Tail coverage Included at no cost, both on arrival and on departure
Prior acts coverage Included
Coverage limits $1M/$3M* (state norm, pending employer confirmation)

Benefits and Additional Compensation

Beyond the production model, CarolinaEast provides a benefits package with significant value for you and your family.

Benefits

  • 100% employer-paid medical insurance premiums for you and your family, effective the first of the month after 30 days
  • 100% employer-paid dental insurance premiums for you and your family, effective at six months
  • Vision, short-term disability, long-term disability, and life insurance
  • 30 days of paid vacation annually, with up to 10 days carrying over
  • 6 sick days annually, accumulating up to 20 days
  • 10 CME days annually
  • $7,000 combined annual allowance for CME, licensure, certifications, and professional dues
  • 403(b) retirement plan with employer match: 2% in years 1 through 4, 4% in years 5 and 6, 6% in year 7 and beyond
  • Full malpractice coverage with employer-paid tail and prior acts protection
  • Nonprofit employer, providing qualifying employment credit toward federal Public Service Loan Forgiveness

Additional Compensation

  • $20,000 signing bonus: $8,000 paid at contract signing and $12,000 paid on your start date, with a two-year forgiveness period
  • Relocation assistance of $12,500, with an enhanced package up to $15,000 available for long-distance moves and larger households

© Copyright 2023 Pacific Companies. All Rights Reserved.