This position offers a highly competitive compensation package designed to attract top-tier neurology professionals. The salary structure includes a guaranteed income during the initial period, with opportunities for additional earnings through performance-based incentives. Historical data from current practitioners suggests a lucrative potential, ensuring financial stability and growth.
Additional financial benefits include a generous sign-on bonus, up to $15,000 in relocation assistance, and a Continuing Medical Education (CME) allowance to support ongoing professional development. Physicians are also provided with comprehensive malpractice insurance, including tail coverage, for peace of mind.
The executive CORE benefits package extends beyond salary, offering robust health, dental, and vision insurance, retirement plans, and paid time off. Furthermore, physicians have access to wellness programs that promote physical and mental health.
The compensation model prioritizes transparency, with metrics tied to patient satisfaction and clinical performance, providing clarity and predictability for physicians. On-call shifts are compensated separately, offering an additional financial incentive for those who take on extra responsibilities.
This thoughtful package underscores the organization’s commitment to ensuring physicians feel valued and supported both professionally and personally.
| Year 1 | Year 2 | Year 3 | |
|---|---|---|---|
| Base Salary | 349,944 | 349,944 | 349,944 |
| 5% Performance Bonus* | 17,497.20 | 17,497.20 | 17,497.20 |
| RVU Production Bonus | 39,048.95 | 119,920 | 119,920 |
| Sign-On Bonus | 15,000 | NA | NA |
| Relocation Assistance | 10,000 | NA | NA |
| Total Compensation | 431,490.15 | 449,886.20 | 487,361.20 |
| Calculations | |||
| Projected RVUs In Excess of 4,669 | 521 | 1,100 | 1,600 |
| RVU Dollar Amount | $71.95 | $74.95 | $74.95 |
Each fiscal year ending June 30th, common spirit revaluate the physician's starting salary
*Criteria to obtain the performance bonus: 50% patient experience, 50% quality measures (depression screening)
Surveys used for compensation evaluation: AMGA, Gallagher and MGMA
From 2023-2024, previous Neurologist in his first year generated 5,190 RVUs
$349,944 ($364,998 MGMA Median)/$74.95 ($72.23 MGMA Median) = 4,669 RVU threshold (4,839 MGMA Median)
95 % of the physician staff receive the quality measure bonus, which is paid out at the end of the fiscal year on June 30th.