Contract & Benefits

Physician Recruitment Process and Compensation Overview

Financial Security with Growth Potential

The compensation package at Franciscan Physician Network reflects the high value placed on your specialized midwifery skills and recognizes your crucial role in patient care. Unlike production-only models that can create financial anxiety, your practice begins with a strong base salary that provides the security to build your patient panel thoughtfully, while offering meaningful growth potential through a well-designed productivity incentive structure.

With a base salary of $130,000 complemented by an achievable RVU production model, you'll enjoy financial stability while being rewarded for the comprehensive care you provide. This structure aligns with the midwifery philosophy by encouraging quality patient relationships rather than rushing through appointments to maximize numbers.

Thoughtfully Structured Compensation

  • Secure base salary of $130,000 providing financial stability as you establish your practice
  • Production-based incentives with clear RVU thresholds that recognize your growing patient volume and the complex care you provide
  • Transparent three-year threshold progression designed to match your practice development:
    • First year: 2,286 RVUs – allows time to build your panel
    • Second year: 2,829 RVUs – reflects natural practice growth
    • Third year: 3,190 RVUs – represents a mature, thriving practice
  • Achievable production targets evidenced by the current midwife's production of 2,989 RVUs annually
  • Substantial RVU credit for deliveries (36.5 wRVUs per delivery), appropriately valuing this core midwifery service

Comprehensive Benefits Package

  • Generous paid time off allowing for meaningful work-life balance
  • Continuing Medical Education (CME) allowance supporting your ongoing professional growth
  • Comprehensive health, dental, and vision insurance protecting you and your family
  • Retirement plans with employer contributions helping secure your financial future
  • Sign-on bonus recognizing the value you bring from day one
  • Relocation assistance easing your transition to Crown Point

Financial Context

The value of this compensation package is amplified by Crown Point's reasonable cost of living compared to major metropolitan areas. Your earning potential, combined with Indiana's moderate cost of living, creates exceptional purchasing power that would require significantly higher compensation in urban markets to match.

This thoughtfully designed compensation structure reflects Franciscan's commitment to midwifery care and provides the financial foundation for a rewarding, sustainable practice focused on quality patient care rather than volume-driven metrics.

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