Contract & Benefits

Physician Recruitment Process and Compensation Overview

This position pays a Family Medicine base of $300,000 under a wRVU-based compensation model implemented in 2026. Production above the annual wRVU goal earns $21 for each additional wRVU, and providers can earn productivity bonuses of up to 5% of salary every six months for reaching benchmarks. Base compensation sits near the 57th percentile of MGMA Family Medicine, while the wRVU goal sits near the 38th percentile of MGMA productivity, so a physician producing at the typical level should clear the goal and earn incentive pay on top of base. A new physician should expect a ramp during the first year while building a panel, after which word-of-mouth referrals tend to fill the schedule quickly. The structure rewards higher producers while remaining comfortable for physicians who prefer a steady base.

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 week4
Patients per day16
Weeks worked46*
Base salary$300,000
wRVU per visit2.14* (MGMA median wRVU ÷ estimated annual visits)
Conversion factor$21
Incentive threshold (annual)5,670 (2 × provided 6-month goal of 2,835)
Productivity bonusUp to 5% of salary every six months at 90% of goal
Signing bonus$50,000

Production Calculations

Metric Formula Value
Annual visits4 days × 16 × 462,944*
Total wRVUs2,944 × 2.146,300*

Compensation Model

Scenario Formula Total Compensation
At median production$300,000 + (6,300 − 5,670) × $21$313,233*
At 75th percentile wRVUs (7,621)$300,000 + (7,621 − 5,670) × $21$340,971*
With maximum productivity bonus$300,000 × 1.10$330,000*

Market Benchmark Comparison

Metric Calculated Value MGMA Percentile Interpretation
Total Compensation (base)$300,000~57th*Above median base for the specialty
Productivity (wRVU goal)5,670Goal set below median productivity
Incentive threshold validation5,670 wRVUsThreshold reachable at typical production

MGMA specialty used: Family Medicine (without OB), Overall, matching the no-OB scope of this role. Base compensation sits above the productivity threshold percentile, indicating a highly competitive compensation structure.

Three Year Projection

Year Basis Total Compensation
Year 1Ramp, base only$300,000
Year 2Full production at median wRVUs$313,233*
Year 3Year 2 × 1.03$322,630*

Malpractice Coverage

Item Detail
Coverage structureTo be confirmed by employer

Benefits and Additional Compensation

San Luis Valley Health offers a full benefits package alongside the compensation model, including health coverage, retirement with employer contributions, and additional financial incentives not reflected in the production model above.

Benefits

  • Medical coverage through Allegiance by Cigna, with two plan options and a three-tier network
  • Dental through Delta Dental of Colorado and vision through VSP
  • 401(a) money purchase plan, 100% employer funded at 3% of gross pay
  • 403(b) plan with a 2% employer match, on a five-year graded vesting schedule
  • Basic life and AD&D and long-term disability through New York Life, with a provider benefit supplement
  • Paid time off combining vacation, holidays, and personal days
  • Employee Assistance Program, wellness program, and no-cost fitness center access
  • Education assistance, identity theft protection, and pet insurance options

Additional Compensation (Non-Modeled)

  • $50,000 signing bonus
  • $20,000 per year in student loan repayment for up to five years
  • Productivity bonuses of up to 5% of salary every six months for reaching benchmarks

© Copyright 2023 Pacific Companies. All Rights Reserved.