Contract & Benefits

Physician Recruitment Process and Compensation Overview

The position offers a guaranteed base in the $425,000 to $475,000 range with a $20,000 annual quality bonus. Years 1 and 2 are a full guarantee period with no production component, giving the incoming physician time to settle into the practice and build a patient panel. A wRVU-based productivity bonus activates in Year 3 at a competitive $73 per wRVU above an 8,154 threshold. The schedule (18 outpatient visits per day during 4 of every 5 weeks, plus one inpatient consult rotation week) supports production near the threshold under standard assumptions, with meaningful upside available as panel maturity grows or case mix shifts toward more complex consults and new patients.

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
Clinical hours per week 40
Patients per day 17* (blended: 18 outpatient on outpatient weeks, 12 to 15 inpatient consult census on inpatient weeks)
Weeks worked 45* (52 minus 7 weeks PTO and CME)
Outpatient weeks per year 36* (4 of every 5 weeks)
Inpatient consult weeks per year 9* (1 of every 5 weeks)
Base salary $450,000* (midpoint of $425,000 to $475,000 range)
Quality bonus $20,000 annually
Productivity bonus start year Year 3
Incentive threshold 8,154 wRVUs
Conversion factor above threshold $73 per wRVU
wRVU per visit (blended) 2.1* (mix of new patient, follow-up, and inpatient consult encounters)

Production Calculations (Year 3 and Beyond)

Calculation Formula Value
Annual visits Clinical Days × Patients per Day × Weeks Worked 3,825*
Estimated wRVUs at standard schedule Annual Visits × wRVU per Visit 8,033*

The schedule’s mechanical production lands near the 8,154 threshold. Production above this level depends on panel growth, increased new patient volume, and higher-complexity case mix over time.

Compensation Model

Year Formula Value
Years 1 and 2 Base Salary + Quality Bonus $470,000* (guaranteed, no production component)
Year 3, at standard schedule production Base + Quality + max[(wRVUs - Threshold) × $73, 0] $470,000*
Year 3, with 10% panel growth (~8,850 wRVUs)* Base + Quality + (8,850 - 8,154) × $73 $520,808*
Year 3, at Eastern MGMA median (~10,606 wRVUs)* Base + Quality + (10,606 - 8,154) × $73 $649,000*

Market Benchmark Comparison

Metric Calculated Value MGMA Eastern Percentile Interpretation
Total Compensation, Years 1-2 $470,000* Between 10th and 25th Below median, reflects pre-production guarantee phase
Productivity Threshold 8,154 wRVUs Between 10th and 25th Below-median threshold sets a reachable bonus floor
Pay per wRVU above threshold $73 Between 75th and 90th Highly competitive above-threshold rate creates real upside
Year 3 potential at MGMA median production $649,000* Near median Median production reaches near Eastern median total comp

Market alignment: Highly competitive above-threshold rate paired with a below-median guarantee. The structure rewards growing producers more than it pays for time-in-seat.

Three Year Projection

Year Structure Estimated Total
Year 1 Base + Quality (full guarantee) $470,000*
Year 2 Base + Quality (full guarantee) $470,000*
Year 3 Base + Quality + Production above threshold $470,000 to $650,000+* depending on production

The standard Proforma ramp pattern (Year 1 reduced, Year 2 full, Year 3 +3%) does not apply here. The contract’s two-year guarantee period replaces the conventional ramp, then Year 3 introduces production-based upside.

Malpractice Coverage

Variable Value
Coverage Provided by employer with tail included

Benefits and Additional Compensation

The package below includes benefits and additional financial components not reflected in the productivity model above.

Benefits

  • Health, dental, and vision insurance
  • 403(b) retirement plan
  • 30 days paid time off
  • 5 CME days plus $4,000 CME allowance
  • Malpractice insurance with tail coverage included
  • Eligibility for the Public Service Loan Forgiveness (PSLF) program

Additional Compensation

  • $20,000 annual quality bonus
  • Signing bonus (amount to be confirmed by employer)
  • Relocation assistance (amount to be confirmed by employer)

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