Contract & Benefits

Physician Recruitment Process and Compensation Overview

Physician Financial Snapshot

This position offers a guaranteed base salary of $675,000 for the first two years, which sits near the 90th percentile of national gastroenterology total compensation. The productivity hurdle of 9,375 wRVUs is set high, at roughly the 79th percentile of MGMA gastroenterology production, reflecting the procedure-heavy nature of the role and the existing referral backlog. Once you exceed the hurdle, you earn $72 per wRVU, with tiered quality and citizenship bonuses adding up to $5 more per wRVU. A tailored ramp-up period in Year 1 adjusts volume to your comfort level, with full production expected by Year 2. Given the immediate patient panel and strong support structure, the base compensation is competitive relative to the workload, and the upside above threshold rewards high procedural output.

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 to 5.5 (3.5 to 4 endoscopy, 1 to 2 half-days clinic)
Patients per day (clinic) 24* (12 per half-day)
Procedures per day (endoscopy) 16 to 22* (8 to 11 per half-day block)
Weeks worked 46*
Base salary $675,000
Incentive threshold 9,375 wRVUs
Conversion factor $72 per wRVU
Bonus structure Up to +$5 per wRVU above threshold (see tiers below)
Signing bonus $40,000
Student loan repayment $25,000 per year for two years

Incentive tiers above threshold, each adding $1 per wRVU: chart closure, coding accuracy, citizenship, patient satisfaction, and complete annual group call coverage. Maximum rate above threshold is $77 per wRVU.

Production Calculations

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

Total wRVUs = Annual Visits × wRVU per Visit

Metric Value
Incentive threshold (guaranteed base target) 9,375 wRVUs
Conversion factor $72 per wRVU
Earnings per wRVU above threshold $72 to $77

Compensation Model

Incentive Compensation = (Total wRVUs − 9,375) × $72

Total Compensation = $675,000 + Incentive Compensation

Scenario wRVUs Base Incentive Total Compensation
At threshold 9,375 $675,000 $0 $675,000
+1,000 above 10,375 $675,000 $72,000 $747,000
+2,000 above (max tiers) 11,375 $675,000 $154,000* $829,000*

*Max-tier scenario applies the full $77 per wRVU rate across production above threshold.

Market Benchmark Comparison

Metric Calculated Value MGMA Percentile Interpretation
Total Compensation (base) $675,000 90th Near top of national range
Productivity (threshold) 9,375 wRVUs 79th* High production expectation
Pay per wRVU $72 Below MGMA median rate

MGMA specialty used: Gastroenterology (Overall). Selected because this is a general GI role with no dedicated subspecialty service line.

Three Year Projection

Year Production Stage Projected Total Compensation
Year 1 Guaranteed base, tailored ramp $675,000
Year 2 Guaranteed base, full production $675,000
Year 3 85% of wRVU earnings, production-based Variable, based on October to September wRVU measurement

In Year 3, base compensation resets to 85% of your wRVU earnings from the October to September measurement period, with productivity hurdles adjusted proportionally.

Benefits and Additional Compensation

The following benefits and incentives are provided in addition to the compensation structure modeled above.

Benefits

  • Full participation in the Covenant HealthCare benefits program
  • Malpractice insurance: full premium coverage provided by Covenant HealthCare
  • Paid vacation and PTO: 37 days annually
  • CME allowance: $7,000 annually
  • Professional dues allowance: $3,500 annually

Additional Compensation

  • Signing bonus: $40,000, one-time
  • Moving allowance: up to $15,000 in reimbursement for reasonable relocation expenses
  • Student loan reimbursement: $25,000 per year for two years, paid within 30 days following June 30 of each agreement year
  • Fellowship stipend: $3,000 per month during the remainder of fellowship, up to 18 months, upon execution of an Educational Support Agreement

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