Contract & Benefits

Physician Recruitment Process and Compensation Overview

Balanced compensation with strong upside for physicians who build robust panels

The Terrell family medicine role blends a solid guaranteed income foundation with productivity and quality-based upside, aligned to a patient panel model that rewards physicians who engage deeply with their community and maintain a robust practice.

Core compensation structure

• Schedule: 4.5-day workweek (36 clinical hours, 4 administrative hours)
• Year 1 base salary: Approximately $270,000 (anticipated total compensation around this level with early productivity ramp-up)
• Year 2+ projected compensation: Approximately $318,000 or higher at 6,000 RVUs, with additional upside possible for physicians who exceed baseline productivity expectations
• RVU threshold: 4,900
• RVU conversion rate: $53 per RVU
• Compensation mix:
  • 80% guaranteed component, providing stability
  • 20% tied to quality, panel metrics, and RVU-based productivity, aligning financial rewards with clinical performance and panel growth

This structure offers the security of a strong base while meaningfully rewarding physicians who attract and retain patients, manage panels efficiently, and maintain high clinical quality. With the clinic's existing 4-6 week new patient wait time and a largely captive local population, motivated physicians have clear visibility to exceed minimum thresholds over time.

Additional financial components

• Potential stipend for overseeing advanced practice providers, dependent on scope of oversight and responsibilities
• Minimum sign-on bonus of $20,000
• Relocation assistance of $10,000 for qualifying candidates
• Eligibility for loan repayment and forgiveness programs as part of Baylor Scott & White's broader recruitment and retention strategy (specific terms to be confirmed during contracting)

Benefits package

• Comprehensive medical, dental, and vision benefits through Baylor Scott & White
• 401(k) with 5% employer match
• Competitive PTO package with approximately 38 days of PTO, underscoring the focus on balance and rest
• Malpractice coverage provided by the system, with terms aligned to Baylor Scott & White's employed physician model
• CME time and stipend consistent with system standards for primary care physicians

Financial advantages of the Terrell market

Texas has no state income tax, which effectively increases take-home pay compared to many other states. The cost of living and housing market in Terrell is notably more affordable than major metropolitan cores, meaning each dollar of income goes further in terms of housing, savings, and lifestyle.

Consider the practical impact: A $318,000 salary in Terrell, with no state income tax and substantially lower housing costs, provides purchasing power equivalent to $400,000+ in many metropolitan markets. You can afford a larger home, build savings faster, and maintain a comfortable lifestyle without the financial pressure common in higher-cost areas.

Total value proposition

This compensation package is designed for physicians who want predictable income, meaningful upside for productivity and quality, and the financial advantages of practicing in a tax-friendly, lower-cost market while still benefiting from the backing of one of the largest not-for-profit health systems in the country. You will earn competitive compensation, enjoy excellent benefits, and experience the lifestyle advantages that come from stretching your income further in an affordable community.