Physician Services Group (PSG) is HCA’s arm that employs physicians. During the interview process you will hear the term PSG a lot. A representative from PSG will visit you on the interview to discuss your Letter of Intent (LOI) and the formal contract. A formal contract at the median income can be in the candidates’ hands within 2 weeks of their interview. The PSG representative will go over the contract language as well as your compensation package in detail. You should expect your salary to be at least the median of the Medical Group Management Associations Physician Production and Compensation Survey’s 2023 report based upon 2022 data. The structure of the production bonus, including the RVU thresholds and reimbursement rate, as well as other financial incentives will be discussed during your visit with the PSG representative. Contracts are structured to allow a provider to earn a production bonus during the first two years of the contract, once they meet the RVU threshold. Physicians that are highly compensated prior to joining HCA, and desire a higher base salary than the median, must demonstrate their previous production via RVU and/or case logs. This will be reviewed, and a Fair Market Value (FMV) assessment will be conducted. This process takes an additional 6-7 weeks to complete after the interview, before an opinion is rendered.
HCA has an employee stock purchase. You can buy HCA stocks at a 10% discounted rate,
But there's also the 401k, 2-year guaranteed salary