A competitive compensation package awaits practitioners, offering a proven annual compensation ranging from $330,000 to $360,000. The foundation of this package is a solid base salary set at $291,400, complemented by two lucrative incentives. Firstly, the Production Bonus, triggered by achieving a wRVU threshold of 4,700, with a conversion rate of $62 per wRVU. The production bonus is paid to the provider on a monthly basis. Additionally, physicians partake in the financial success of the Accountable Care Organization (ACO) through a Physician Share of ACO Shared Savings.
| Year | Annual wRVU's | Monthly wRVU's |
|---|---|---|
| 2021 | 5,292.75 | 441.06 |
| 2022 | 5,803.33 | 483.61 |
| 2023 | 5,821.00 | 485.08 |
| 2024 | 5,400.00 | 450 |
| 2024 | |
|---|---|
| Base Salary | $291,400.00 |
| Process Improvement | $2,000.00 |
| Production Incentive | $43,404.96 |
| Total | $336,804.96 |
| Base | $291,400 |
| Conversion Factor | 62.00 |
| WRVUs in Base | 4,700 |
| Production Bonus | Paid on WRVUs in excess of applicable Base |
| Other Bonus | Pool consisting of 20% of ACO Shared Savings |
| 2024 | |
|---|---|
| Base Salary | $291,400.00 |
| Process Improvement | Physician Share of ACO Shared Savings |
| Production Incentive | w/RVU > minimum wRVU for base tier with a conversion factor of 62.00 |
| FM On-Call > 3 days/mth | $300 | Weekday |
| $500 | Weekend | |
| OB On-Call > 10 days/mth | $600 | All Days |
| C-Section back up all days | $200 | All Days |
As a testament to sustained excellence, a monthly productivity bonus ensures regular rewards for high performance, with the anticipation that all providers will earn a bonus, aligning with the track record of success among their peers. Beyond financial remuneration, the comprehensive benefits package is inclusive of a Sign-on Bonus, facilitating a smooth onboarding process, Relocation Assistance, easing the transition for practitioners, and a matching 401k, promoting long-term financial security.