Contract & Benefits

Physician Recruitment Process and Compensation Overview

A Compensation Structure That Honors Your Time, Value, and Lifestyle

Springfield Family Physicians offers a compensation model built to reward stability, efficiency, and quality care — without forcing you into the high-volume treadmill common in many primary care settings. Instead of tying your entire livelihood to RVUs, this model gives you dependable income, transparent earning opportunities, and the ability to control your financial trajectory through your chosen schedule.

From day one, you step into a structure that respects work-life balance: a four-day clinical schedule, built-in admin time, and compensation options that let you tailor your practice to your lifestyle and career goals.

Stability First — A Guaranteed Salary With Options

Your base salary is guaranteed for two full years, providing financial peace of mind while you build your patient panel. If at any point the structure no longer fits your goals, either party can exit with 90 days’ notice, ensuring flexibility without long-term obligation.

SFP offers two primary income pathways:

  • 4-Day Workweek – $240,000 Perpetual Salary
    Ideal for physicians who value predictability, balance, and steady income
  • 5-Day Workweek – $280,000 Base Salary
    For physicians seeking a higher guaranteed earning floor

You also have the opportunity to increase earnings through additional patient-contact hours, paid at $125 per hour for every hour beyond the required 28 hours per week.

Quarterly Production Bonus — Transparent and Attainable

The wRVU-based production bonus is structured to be straightforward and fair:

  • Each quarter includes $60,000 of your salary as your baseline
  • Your wRVU production is calculated using SFP’s formulaic earnings
  • The baseline is subtracted from the production amount
  • You keep the remainder as your quarterly bonus

Example:
$75,958.77 quarterly productivity – $60,000 baseline = $15,958.77 bonus

This model rewards your efficiency and experience without penalizing you for maintaining appropriate visit lengths.

Patients Work RVU Q2 RVU Amount RVU $ Late RVU Q2 Δ RVUs (Late/Coding) Late RVU $ $5 PMPQ Quarterly Formulaic Earnings Q2 Salary Q2 Bonus
983 1614 44.02 $71,043.77 1607 0 $0.00 4,915.00 $75,958.77 $240,000.00 $15,958.77
1085 1505 43.60 $65,612.69 1506 1 $21.80 5,425.00 $71,059.49 $240,000.00 $11,059.49
1231 1441 43.35 $62,461.21 1445 5 $108.36 6,155.00 $68,724.57 $240,000.00 $8,724.57
1291 1408 43.22 $60,848.77 1407 1 $6.55 6,455.00 $67,303.77 $240,000.00 $7,303.77
1050 1241 42.72 $53,009.90 1242 1 $21.36 5,250.00 $58,281.25 $240,000.00 ($1,718.75)
1144 1227 42.68 $52,368.14 1228 1 $21.34 5,720.00 $58,109.48 $240,000.00 ($1,890.52)
1248 1049 42.23 $44,295.71 1118 69 $1,456.82 6,240.00 $51,992.53 $240,000.00 ($8,007.47)
869 961 42.00 $40,364.45 1018 57 $1,197.07 4,345.00 $45,906.52 $240,000.00 ($14,093.48)
307 470 40.32 $18,950.40 486 16 $322.56 1,535.00 $20,807.96 $240,000.00 ($39,192.04)

2023 MGMA Physician Benchmark Data

Percentile Work RVU RVU Amount Total Compensation
MGMA Mean 5264 44.00 $323,956.00
MGMA 90th Percentile 7827 45.00 $433,636.00
MGMA 75th Percentile 6432 44.00 $368,874.00
MGMA Median 5411 43.00 $317,264.00
MGMA 25th Percentile 3840 42.00 $270,989.00
MGMA 10th Percentile 2337 40.32 $233,149.00

Quality Bonus — Recognition for Strong Patient Outcomes

You’ll earn an additional quarterly quality bonus, reflecting the group’s ongoing commitment to prevention, chronic disease management, and patient satisfaction. This structure ensures your compensation aligns with your clinical priorities, not volume-based pressure.

Comprehensive Benefits That Support You and Your Family

  • Health & Vision Insurance: Paid by Springfield Family Physicians
  • Dental Insurance: Available, employee-paid
  • PTO: 192 hours + 6 paid holidays
  • CME: 5 days paid + $2,400 annual allowance
  • Retirement: 401(k) with 4% employer match
  • Life Insurance: $100,000 policy included
  • Malpractice Insurance: Full coverage with tail

You also benefit from the practice’s in-house administrative teams who support coding, triage, charting, and patient coordination — effectively increasing your daily efficiency and enhancing your work-life balance.

This compensation model gives you the freedom to build your ideal practice — whether that means maximizing earnings, prioritizing family time, or striking a sustainable middle ground. It provides stability, transparency, and flexibility while protecting your time and supporting your long-term professional goals.

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