Contract & Benefits

Physician Recruitment Process and Compensation Overview

Exceptional Compensation for Building Southwest Oklahoma's EP Program

Your compensation package reflects both the specialized nature of electrophysiology and the strategic importance of establishing this service for the region. As the sole EP physician within 90 miles, you'll command premium compensation that recognizes your unique expertise, the program-building responsibilities you'll undertake, and the immediate value you'll create by keeping complex cardiac care local. The hospital understands that recruiting EP specialists requires competitive packages that account for the additional fellowship training and specialized skills you bring.

The structure balances guaranteed compensation during program development with productivity incentives as volume grows. Unlike metropolitan markets where EP physicians compete for limited ablation slots, you'll have dedicated lab time and guaranteed referrals from eight eager cardiologists, ensuring rapid progression to full productivity. The hospital's patience with the 2026 timeline demonstrates their commitment to your long-term success rather than demanding immediate high volumes that compromise quality or physician wellbeing.

Compensation Structure:

  • Highly competitive base salary exceeding MGMA median for EP specialists
  • wRVU productivity model with favorable conversion factor recognizing EP procedure complexity
  • Additional stipends for medical directorship of EP service line development
  • Quality bonuses based on appropriate use criteria and patient outcomes
  • Separate compensation for device clinic management responsibilities
  • Protected compensation during initial 18-24 month ramp-up period

Comprehensive Benefits Package:

Hospital-Paid Coverage:

  • Health, Dental, and Prescription Drug Plan with full medical and dental coverage for physician
  • Term Life Insurance at 1x annual earnings up to $250,000 maximum
  • Short-Term Disability providing 70% of salary for 26 weeks
  • Long-Term Disability covering 60% of monthly earnings up to $15,000 maximum

Retirement and Wealth Building:

  • 457(b) Deferred Compensation Plan through Bank of Oklahoma Finance (BOKF)
    • 2025 contribution limits: $23,500 if under 50; $31,000 if 50 or older
    • Bi-weekly payroll deductions for consistent retirement savings
  • 401(a) CCHA Physician and Senior Management Retirement Plan
    • Option to reduce base salary by 10% for contribution OR
    • Maximum allowable contribution of $70,000 annually
    • Bi-weekly contributions to BOKF retirement account
  • Combined retirement savings potential exceeding $100,000 annually

Additional Benefits:

  • Enhanced CME allowance of $10,000+ annually for EP-specific conferences and training
  • Additional time off for Heart Rhythm Society and other EP meetings
  • Paid time off including vacation, CME days, and holidays
  • Full coverage of professional dues including HRS membership
  • EP board certification and maintenance fees covered
  • Comprehensive relocation assistance with home-finding support
  • Payroll direct deposit for convenience
  • Hospital, pharmacy, cafeteria, and gift shop employee discounts
  • Flexible Spending Account for pre-tax medical and dependent care expenses
  • PVCS Vision Benefits including free eye exams and wholesale eyewear pricing
  • Occurrence-based malpractice insurance with tail coverage provided

Program Development Support:

Beyond personal compensation, the hospital commits substantial resources to ensure your program's success:

  • Full funding for EP lab equipment and technology of your choosing
  • Staff training budget for specialized EP education
  • Marketing support to announce EP services to the region
  • Administrative assistance for program development and protocols
  • Protected time for building relationships with referring physicians
  • Support for research or quality improvement initiatives

Financial Impact and Long-Term Opportunity:

The financial opportunity extends beyond immediate compensation. As the only EP physician in the region, you'll build a practice limited only by your desired workload rather than competition. Conservative projections suggest reaching 200+ ablations annually within two years – volume that generates substantial wRVU production. Device management for 300+ patients provides reliable recurring revenue. The aging population and growing AFib prevalence ensure continued demand growth.

The combination of high compensation, exceptional retirement benefits allowing six-figure annual savings, and Lawton's low cost of living creates unprecedented wealth-building potential. Your EP specialist income goes 40-50% further than in metropolitan markets due to housing costs alone. The ability to contribute $70,000 annually to tax-deferred retirement while living comfortably on the remaining income accelerates financial independence by potentially a decade compared to urban practice.

This compensation package recognizes a fundamental truth: recruiting an EP physician to establish a new program requires more than competitive salary – it requires demonstrating long-term commitment to your success. The hospital's investment in facilities, equipment, and support staff, combined with this comprehensive compensation package, signals their understanding that your arrival transforms their cardiovascular program from good to exceptional. For the EP specialist seeking both immediate financial rewards and long-term wealth building in a low-cost environment, this opportunity provides a compelling path to professional and financial success.

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