Contract & Benefits

Physician Recruitment Process and Compensation Overview

This position offers $1,032,500 in confirmed guaranteed earnings, combining a base salary of $850,000 and a paid call stipend of $182,500 at a 1:3 rotation. The incoming surgeon joins an established program with an existing referral network of approximately 40 cardiologists and a combined program volume of approximately 600 cases per year, which reduces the production ramp typical of a new practice build. At full production, modeled wRVU output places the physician at approximately the 60th percentile for the Western region, while total compensation exceeds the 75th percentile, indicating a competitive structure relative to expected workload. Year 1 compensation is protected at the full guaranteed amount regardless of production, and incentive earnings above the threshold carry meaningful upside given the program's established volume. This model is based on provided data and market-based assumptions. Final compensation details are confirmed by the employer.

This model includes assumed inputs where data was not provided. Assumptions are clearly marked in red and may impact final compensation outcomes.

Compensation Table

Variable Value Source
OR days per week 3 Assumed
Clinic days per week 2 Confirmed
Cases per OR day 1.5 Assumed
Weeks worked per year 46 Assumed
Base salary $850,000 Confirmed
Call stipend $182,500 Confirmed (1:3 rotation)
Total guaranteed compensation $1,032,500 Confirmed
wRVU per case 45 Assumed
Conversion factor $125.40 Assumed — MGMA Western median comp/wRVU
Incentive threshold 6,779 wRVUs Assumed — Base ÷ Conversion Factor
Bonus structure RVU-based incentive above threshold Confirmed (amount and full structure not yet provided)
Sign-on bonus Not yet confirmed Pending
Relocation assistance Not yet confirmed Pending

Production Calculations

Variable Formula Value
Annual cases OR Days × Cases per Day × Weeks Worked 3 × 1.5 × 46 = 207 cases (Assumed)
Total wRVUs Annual Cases × wRVU per Case 207 × 45 = 9,315 wRVUs (Assumed

Compensation Model

Component Formula / Value
Base salary $850,000
Call stipend $182,500
Incentive threshold 6,779 wRVUs (Assumed)
Excess wRVUs above threshold 9,315 − 6,779 = 2,536 wRVUs (Assumed)
Incentive compensation 2,536 × $125.40 = $318,014 (Assumed)
Total compensation at full production $850,000 + $182,500 + $318,014 = $1,350,514 (Assumed)

Market Benchmark Comparison

MGMA Western region benchmarks: Median total comp $917,868; 75th percentile $1,175,656; 90th percentile $1,557,026. Median wRVU 6,563; 75th percentile 12,938. Median comp/wRVU $125.40.

Metric Calculated Value MGMA Percentile (Western) Interpretation
Total compensation (guaranteed) $1,032,500 ~65th percentile (Assumed) Above median; approaching 75th
Total compensation (full production) $1,350,514 (Assumed) ~80th–85th percentile (Assumed) Highly Competitive Compensation
Physician wRVUs 9,315 (Assumed) ~60th percentile (Assumed) Above median; below 75th
Compensation per wRVU (guaranteed) $110.84 ~40th–45th percentile (Assumed) Base rate is conservative; incentive upside is meaningful

Three-Year Projection

Year Cases wRVUs Incentive Comp Total Compensation
Year 1 (60% ramp) ~124 (Assumed) ~5,580 (Assumed) $0 (below threshold) $1,032,500
Year 2 (full production) ~207 (Assumed) ~9,315 (Assumed) $318,014 (Assumed) $1,350,514 (Assumed)
Year 3 (Year 2 × 1.03) ~213 (Assumed) ~9,594 (Assumed) ~$352,878 (Assumed) ~$1,385,378 (Assumed)

Benefits and Additional Compensation

Benefits are provided through Foundation Physicians Medical Group (FPMG), a CommonSpirit Health / Dignity Health medical group entity. The package includes comprehensive health coverage, strong retirement contributions, and employer-paid life insurance.

Benefits

  • Medical: Blue Shield of California; four plan options including Trio Network HMO (employee cost $0), Full Network Access HMO, PPO, and HDHP with HSA. Employer funds HSA at $1,500 individual / $3,000 family for HDHP enrollees.
  • Dental: Delta Dental PPO; two plan tiers; full-time employee cost $0/pay period for Low Plan.
  • Vision: VSP; two plan tiers; full-time employee cost starting at $3.81/pay period.
  • Life and AD&D: Hartford Basic Life at 1x annual salary, up to $600,000; employer-paid.
  • Short-term disability: 60% of weekly base salary, up to $3,500/week; begins day 7, lasts up to 12 weeks (voluntary).
  • Long-term disability: 60% of monthly base salary, up to $15,000/month; begins after 90 days (voluntary).
  • Retirement: Fidelity 401(k); employer match of 50% on the first 6% of eligible compensation; non-elective employer contribution by age (6% for physicians age 50–54; 7% for age 55–59; 8% for age 60+); Roth option available.
  • EAP: ComPsych GuidanceResources; 5 sessions per incident per year; confidential.
  • Mental health: Lyra Health; free mental health benefit through CommonSpirit.
  • Financial planning: Retirement Benefits Group (RBG) available for one-on-one financial and retirement planning.

Additional Compensation (Non-Modeled)

  • Sign-on bonus: Available; amount not yet confirmed.
  • Relocation assistance: Available; amount not yet confirmed.

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