Contract & Benefits

Physician Recruitment Process and Compensation Overview

A Compensation Package That Reflects Your Value

West Tennessee Healthcare has structured a compensation package for this position that recognizes both the importance of the role and the realities of recruiting a skilled surgeon to a rural community. The total compensation opportunity significantly exceeds what the base salary alone suggests, with multiple income streams that reward your commitment to this practice and community. When you add the base salary, call compensation, and retention bonuses together, this position offers a financial opportunity that competes favorably with metropolitan practices while providing a cost of living that stretches your income considerably further.

Your base salary of $415,000 annually positions you well above the median for general surgeons nationally, and this figure represents just the starting point of your total compensation. The organization has layered additional compensation elements that can bring your total annual earnings well above $600,000 depending on your productivity and call participation.

  • Base Salary: $415,000 annually
  • Compensation Model: Base salary plus productivity incentive and call pay
  • Total Compensation Potential: $600,000+ annually with all incentives and bonuses
  • Payment Structure: Regular salary payments with quarterly productivity reconciliation

Productivity Incentive That Rewards Your Work

Beyond your base salary, you earn additional compensation for productivity exceeding established thresholds. The wRVU-based incentive pays $61.76 for each work RVU generated above 1,619 units per quarter. This structure ensures that if you build volume beyond baseline expectations, your income grows accordingly. The threshold is set at a reasonable level that reflects sustainable practice patterns rather than demanding unsustainable production.

This incentive model aligns your financial interests with the organization's goals without creating pressure to see more patients than you can care for properly. You control your productivity through the quality of your practice and the strength of your referral relationships, and you benefit directly when that productivity increases.

  • Productivity Threshold: 1,619 wRVUs per quarter
  • Incentive Rate: $61.76 per wRVU above quarterly threshold
  • Annual Threshold: Approximately 6,476 wRVUs annually before incentive compensation begins
  • Upside Potential: Unlimited earning potential based on your productivity

Call Compensation That Values Your Availability

The call pay structure for this position deserves special attention because it represents a substantial additional income stream. You receive $1,200 for each call day beyond the first 10 days per month. With 21 days of call responsibility monthly, this translates to 11 compensated call days each month, or 132 days annually. The math is straightforward and impressive: 132 days multiplied by $1,200 equals $158,400 in additional annual income from call pay alone.

Remember that this compensation comes with minimal actual disruption. The call volume in Dyersburg typically generates only one to two calls per month that require your involvement. You are being paid for availability, not for sleepless nights and constant interruptions. This structure essentially adds over $150,000 to your annual income for carrying a pager that rarely demands your attention.

  • Call Structure: 21 days of call responsibility per month
  • Compensation Rate: $1,200 per call day after the first 10 days monthly
  • Monthly Compensated Days: 11 days at $1,200 = $13,200 per month
  • Annual Call Compensation: $158,400 in additional income
  • Actual Call Burden: Typically 1-2 calls per month requiring surgeon involvement

Loan Repayment and Retention Bonuses

West Tennessee Healthcare demonstrates its commitment to physician retention through substantial bonuses that reward your continued service. The personal loan repayment program provides $120,000 that can be applied to student loans or personal debt, forgiven at $40,000 per year over three years. This benefit effectively adds $40,000 annually to your compensation for your first three years while helping you eliminate debt faster.

The rural retention bonus adds another $50,000 annually, paid at the completion of each 12-month period of service. This ongoing bonus recognizes the value of physician stability in a rural community and rewards your commitment to staying and building your practice over time. Unlike sign-on bonuses that front-load compensation, this structure provides consistent annual recognition of your continued service.

  • Loan Flexibility: Applicable to student loans or personal debt
  • Rural Retention Bonus: $50,000 annually at the completion of each 12-month service period
  • Retention Structure: Ongoing annual bonus that rewards continued commitment to the community

Sign-On Bonus and Relocation Support

Your transition to Dyersburg is supported by a $40,000 sign-on bonus and $10,000 in relocation assistance. These funds help offset the costs of moving and establishing yourself in a new community, ensuring that the financial logistics of relocation do not create unnecessary stress during your transition.

  • Sign-On Bonus: $40,000
  • Relocation Assistance: $10,000
  • Total Transition Support: $50,000 to facilitate your move to Dyersburg

Total Compensation Summary

When you combine all elements of this compensation package, the financial picture becomes compelling. In your first year, your total compensation opportunity includes:

  • Base Salary: $415,000
  • Call Compensation: $158,400
  • Loan Forgiveness: $40,000
  • Rural Retention Bonus: $50,000
  • Sign-On Bonus: $40,000

This brings your first-year total compensation to approximately $703,400 before any productivity incentives. In subsequent years, even without the sign-on bonus, your annual compensation remains above $663,000 with continued retention bonuses and loan forgiveness. Add productivity incentives for volume above threshold, and your income can climb higher still.

  • Year One Total: Approximately $703,400 (before productivity incentives)
  • Years Two and Three: Approximately $663,400 annually (before productivity incentives)
  • Year Four and Beyond: Approximately $623,400 annually plus productivity (after loan forgiveness completes)
  • Productivity Upside: Additional income available based on wRVU production above threshold

Additional Benefits

West Tennessee Healthcare provides a comprehensive benefits package supporting your health, retirement, and professional development. Details on specific benefit offerings should be confirmed during the interview process.

  • Malpractice Insurance: Coverage provided (details to be confirmed)
  • Health Insurance: Medical, dental, and vision coverage available (details to be confirmed)
  • Retirement Plans: 401(k) or similar retirement savings options (details to be confirmed)
  • Paid Time Off: Vacation and leave policies (details to be confirmed)
  • CME Allowance: Continuing medical education support (details to be confirmed)

This compensation structure reflects West Tennessee Healthcare's understanding that attracting and retaining a skilled surgeon requires more than competitive base pay. The layered approach to compensation, with its emphasis on call pay, loan repayment, and retention bonuses, creates a package that rewards your commitment while providing financial security and growth potential that few positions can match.

© Copyright 2023 Pacific Companies. All Rights Reserved.