Contract & Benefits

Physician Recruitment Process and Compensation Overview

A Rewarding Package That Values Your Expertise

Columbus Regional Health offers a compensation structure that recognizes your value as a skilled cardiologist while freeing you from the pressure of production-based incentives. This unique approach, specifically requested by the cardiology team and approved by leadership, allows you to focus on clinical excellence rather than volume. The result is a practice environment where quality care is prioritized, and your financial security is assured.

Unlike many cardiology positions that tie substantial portions of compensation to productivity metrics, this role features a generous, stable salary without RVU requirements. This transparent approach provides predictability for your personal financial planning while ensuring you can make clinical decisions based solely on patient needs rather than financial considerations.

Base Compensation

Your compensation package begins with a substantial base salary that acknowledges your training, expertise, and the critical nature of your specialty. The structure is designed to provide immediate financial reward while also offering significant increases as you establish yourself in the practice.

  • First Year Base Salary: $600,000 annually
  • Second Year and Beyond: $651,950 annually as part of the Group Cardiology Compensation Plan
  • Salary Stability: Compensation maintains this level in perpetuity (subject only to changes in the pooled compensation plan)
  • No Production Requirements: You won't be subject to RVU targets or other productivity metrics
  • Value-Based Earning Potential: Opportunity to earn up to an additional $75,000–$80,000 annually through value-based programs

Recruitment Incentive

In addition to your competitive base salary, Columbus Regional Health offers a substantial recruitment incentive to assist with relocation expenses and ease your transition to the community.

  • Sign-On Bonus: $100,000 for a five-year commitment
  • Flexible Options: Alternative commitment periods available (e.g., $80,000 for four years)
  • Payment Schedule: Provided upon contract execution, subject to prorated repayment if leaving before commitment period

Total Annual Income Potential

When combining base salary, sign-on bonus, and value-based earning potential, your total compensation package is extremely competitive, especially considering the affordable cost of living in Columbus.

  • Year 1 Potential: $700,000+
    • $600,000 base salary
    • $100,000 sign-on bonus
    • Potential for additional value-based earnings (typically begins in year 2)
  • Year 2 Potential: $731,950+
    • $651,950 base salary
    • Up to $80,000 in value-based earnings (depending on participation and performance)
  • Year 3 Potential: $731,950+
    • $651,950 base salary
    • Up to $80,000 in value-based earnings (depending on participation and performance)

This compensation structure places you among the highest-paid general cardiologists nationally, especially when adjusted for the lower cost of living in southeastern Indiana compared to metropolitan areas.

Comprehensive Benefits

Beyond your salary and recruitment incentive, you'll enjoy an exceptional benefits package designed to support your professional needs, personal wellness, and long-term financial security.

  • Exceptional Time Off
    • 39 days of Paid Provider Time Off annually (accrual-based)
    • All-inclusive time bank for vacation, sick time, holidays, and CME
    • Unused time rolls over to subsequent years (with reasonable cap)
    • Schedule flexibility for personal commitments and family time
  • Professional Development
    • $4,000 annual CME allowance
    • Support for advanced training in cardiac imaging if desired
    • Cleveland Clinic Connected status providing access to expanded educational resources
  • Insurance Coverage
    • Comprehensive health, dental, and vision insurance
    • Malpractice insurance with tail coverage
    • Disability insurance
    • Life insurance
  • Retirement Planning
    • Competitive retirement plan options
    • Financial planning resources

Work-Life Balance Enhancement

The compensation structure at Columbus Regional Health is specifically designed to enhance your quality of life, providing both financial security and the personal time to enjoy it. With no production pressures and generous time off, you'll find yourself able to build a fulfilling practice while maintaining personal wellness and family connections.

Financial Context

To fully appreciate the value of this compensation package, consider it in the context of southeastern Indiana's affordable cost of living. Your $600,000+ salary in Columbus provides purchasing power equivalent to a much higher salary in metropolitan areas. Housing costs, taxes, and everyday expenses are significantly lower than in major cities, allowing you to enjoy a more comfortable lifestyle while also building long-term wealth.

This thoughtfully designed compensation package reflects Columbus Regional Health's commitment to attracting and retaining top cardiology talent. By providing financial security, comprehensive benefits, and a balanced approach to practice, they've created an offer that supports both your professional goals and personal well-being.

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