Contract & Benefits

Physician Recruitment Process and Compensation Overview

Rewarding Compensation Structure That Values Your Time

At Franciscan Health Urgent Care, you'll experience a compensation model designed to reward your skills, experience, and dedication while offering exceptional earning potential. Unlike traditional physician employment models that burden you with administrative tasks long after your clinical hours end, this position features a straightforward hourly structure that respects the boundaries between your professional and personal life. When your shift ends, you're truly done—no charts to complete at home, no calls to return, and no inbox to manage during your off hours.

Working just three 12-hour shifts per week (approximately 13 shifts per month or 150 hours monthly), you'll earn a competitive base rate of $145 per hour, with increases to $160 per hour after your first 800 hours. This structure allows full-time physicians to earn approximately $290,000–$310,000 annually while maintaining a balanced lifestyle with four days off each week—significantly more free time than most traditional practice settings offer.

  • Straightforward hourly compensation of $145 per hour for the first 800 hours, increasing to $160 per hour beyond that threshold, creating clear earning potential without complex productivity formulas
  • Substantial sign-on package including a $25,000 commencement bonus paid within the first few months of employment, giving you immediate financial benefit
  • $25,000 retention bonus typically structured with payments at designated intervals over a 2–3 year period, rewarding your commitment to the practice
  • $7,500 relocation allowance to ease your transition to the Indianapolis area
  • Generous $3,500 annual CME allowance with flexibility to use for conferences, online education, or professional memberships
  • Comprehensive health, dental, and vision insurance through Franciscan Health's employee benefits program
  • Malpractice coverage with tail insurance provided, eliminating personal financial exposure
  • Retirement planning options with competitive employer contributions
  • Additional shifts available at premium rates for physicians interested in maximizing their earning potential after fulfilling base contract requirements

Unlike many urgent care positions that offer minimal benefits to offset slightly higher hourly rates, this opportunity provides the comprehensive benefits package of a large health system while maintaining competitive direct compensation. The hourly model means you're paid for exactly the time you work, with no expectation of uncompensated administrative time or on-call responsibilities.

The compensation structure is designed to align with Franciscan Health's values of fair compensation, work-life balance, and recognition of physician expertise. While there is no dedicated PTO in the traditional sense, the hourly structure provides flexibility to take unpaid time off as needed, with many physicians finding the three-day workweek already provides ample time for vacations, family obligations, and personal pursuits. For physicians looking to maximize earnings, additional shifts are often available, particularly during peak seasons, with the opportunity to earn the premium rate of $160 per hour for these extra shifts once you've exceeded your base contract hours.

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