Contract & Benefits

Physician Recruitment Process and Compensation Overview

This position offers a $375,000 base salary with a two-year guarantee and a wRVU production model that pays $70.56 per wRVU above a 6,340 wRVU threshold. At the stated starting volume of 13 to 15 patients per day, production is expected to ramp over the guarantee period. Based on a modeled production estimate, starting volumes place annual wRVUs below the incentive threshold, so early earnings are anchored by the base salary. The base alone is competitive, sitting near the MGMA Midwest median for the specialty. Income upside is available once production exceeds the threshold, which would require volume growth or higher coding intensity than the starting estimate. The two-year guarantee gives meaningful protection while the rebuilt service line grows its patient panel.

*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 4.5
Clinical hours per week 36
Admin time 4 hours per week
Patients per day 14* (midpoint of 13 to 15 starting range)
Weeks worked 45* (derived from stated PTO, holidays, and CME days)
Base salary $375,000
Incentive threshold 6,340 wRVUs
Conversion factor $70.56 per wRVU
wRVU per visit 1.9* (general neurology outpatient estimate)
Bonus structure Productivity incentive above threshold

Production Calculations

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

Total wRVUs = Annual Visits × wRVU per Visit

Metric Value
Annual visits 2,835*
Total wRVUs 5,386*
Incentive threshold 6,340

Compensation Model

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

Total Compensation = Base Salary + Incentive Compensation

Metric Value
Base salary $375,000
wRVUs above threshold 0* (modeled production below threshold)
Incentive compensation $0*
Total modeled compensation $375,000*

Market Benchmark Comparison

Metric Calculated Value MGMA Percentile Interpretation
Total Compensation $375,000 Near Midwest median ($384,313) Market-Aligned Compensation
Productivity (wRVUs) 5,386* Near Overall median (5,770) Modeled below the 6,340 incentive threshold
Pay per wRVU $70.56 Above Midwest median ($66.65), near Overall 75th Strong per-unit rate

The incentive threshold of 6,340 wRVUs sits above the MGMA Overall median (5,770) and the Midwest median (5,310), placing it near the Overall 75th percentile. Reaching incentive pay will require production above the stated starting volume.

Three Year Projection

Year Production Stage Modeled Total Compensation
Year 1 Ramp (lower volume) $375,000*
Year 2 Full production at stated volume $375,000*
Year 3 Year 2 × 1.03 $386,250*

Malpractice Coverage

Variable Value
Coverage Paid in full, including tail coverage

Benefits and Additional Compensation

The following benefits and incentives are offered in addition to the production-based compensation modeled above.

Benefits

  • Medical, dental, and vision insurance
  • 401(k) and 403(b) with employer contributions
  • 20 vacation days plus 6 paid holidays to start, with negotiable increase based on prior experience
  • $5,000 annual CME allowance plus 10 days off
  • Malpractice insurance paid in full, including tail coverage

Additional Compensation

  • Sign-on/retention bonus of $100,000, half paid at signing and half at start, forgiven over three years (if visa sponsorship is needed, the first half is paid after visa approval)
  • Relocation assistance up to $10,000 with itemized receipts

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