Contract & Benefits

Physician Recruitment Process and Compensation Overview

Compensation

This position pairs a two-year base salary guarantee with uncapped wRVU production incentives. You are protected while you build your panel and rewarded as volume grows, with straight conversion on every wRVU above threshold and no cap within fair market value.

Compensation Structure

  • Base salary range: $275,000 to $330,000, with a two-year guarantee
  • Production incentive: $60.00 per wRVU, straight conversion above threshold, no cap within fair market value
  • Incentive payments: Quarterly, measured on calendar quarters
  • Sign-on bonus: Offered; relocation support is folded into the sign-on
  • Retirement: 401(k) plus a cash balance pension plan
  • Loan forgiveness: PSLF-eligible employer
  • Malpractice: Claims-made coverage

Financial Proforma Analysis

Physician Financial Snapshot

At roughly 20 patients per day across a four-and-a-half-day clinical week, this practice supports production near the specialty median in the first full year. Base salary provides a stable floor during ramp-up, and quarterly incentives reward volume above threshold at a straight $60.00 per wRVU. Because there is no cap within fair market value, physicians who choose to see higher volumes can meaningfully increase total earnings. The model below uses the midpoint base of $300,000 as the base case; the confirmed range runs from $275,000 to $330,000. Estimated inputs are marked with * and should be confirmed by the employer.

MGMA specialty used: Rheumatology (general, Overall). Selected because the role is a general outpatient rheumatology practice with no subspecialty focus indicated.

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.

Compensation

Variable Value
Clinical days per week 4.5
Clinical hours per week 36
Admin time per week 4 hours
Patients per day 20
Weeks worked 46*
Base salary $300,000 (midpoint of $275,000 to $330,000)
wRVU per visit 1.5*
Conversion factor $60.00
Incentive threshold 5,000* (base ÷ conversion factor)
Bonus structure Quarterly incentive on wRVUs above threshold
Signing bonus Offered* (amount to be confirmed)

Production Calculations

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

Total wRVUs = Annual Visits × wRVU per Visit

Metric Value
Annual visits 4,140*
Total wRVUs 6,210*

Compensation Model

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

Total Compensation = Base Salary + Incentive Compensation

Metric Value
Base salary $300,000
wRVUs above threshold 1,210*
Incentive compensation $72,600*
Total compensation $372,600*

Market Benchmark Comparison

Metric Calculated Value MGMA Percentile Interpretation
Total Compensation $372,600* ~75th Above median for the specialty
Productivity (wRVUs) 6,210* ~50th Near the specialty median
Pay per wRVU $60.00 ~50th In line with the specialty median

The derived incentive threshold of 5,000* wRVUs sits near the MGMA median for the specialty, so incentive earnings begin at a reasonable production level. Productivity and total compensation are within roughly 10 percentile points of each other, which reflects a market-aligned compensation structure.

Three-Year Projection

Year Basis Total Compensation
Year 1 Ramp at 85%* of full production $361,710*
Year 2 Full production $372,600*
Year 3 Year 2 × 1.03 $383,778*

Malpractice Coverage

Item Detail
Coverage structure Claims-made (Provided)

Benefits

  • 401(k) and cash balance pension plan
  • PSLF-eligible employer
  • Claims-made malpractice coverage
  • Sign-on bonus, with relocation support included
  • CME allowance, PTO, and holiday allotment per the employer benefits program

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