Contract & Benefits

Physician Recruitment Process and Compensation Overview

Guaranteed Compensation

The working compensation target is approximately $500,000 in guaranteed annual salary. A high guaranteed salary is important because the new practice will need time to establish realistic volumes before a productivity formula can be designed.

Leadership is open to revisiting compensation after one to two years. Once actual patient volumes, procedure demand, and referral patterns are known, the parties may consider a lower guaranteed base with meaningful productivity upside. The initial contract should avoid placing the physician into an RVU model that cannot be achieved during startup.

Signing Bonus

The hospitals included $75,000 for a neurology signing bonus in a rural health transformation funding application. The intent is to front-load the entire amount to the physician during the first year, although the hospitals may receive reimbursement from the state over a longer period. Because funding had not yet been formally awarded during the profile call, the final PC Compass and employment agreement should describe this as anticipated or contingent until written approval is received.

Recommended Contract Positioning

  • Guaranteed annual salary targeted at $500,000
  • Three-year employment agreement (anticipated)
  • Potential $75,000 signing bonus, subject to funding confirmation
  • Future compensation redesign after reliable volume data is available
  • Relocation assistance anticipated at approximately $15,000 plus standard health, dental, vision, and retirement benefits (including the Social Security replacement plan).
  • Malpractice and tail structure to be confirmed
  • 20 days PTO plus New Year's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas; 3 CME days with a $2,500 annual allowance; student loan/rural incentive programs available when eligible.

Candidate Profile

Required Qualifications

  • MD or DO
  • Completion of an accredited neurology residency
  • Board certified or board eligible in Neurology
  • Eligible for Louisiana medical licensure
  • Comfortable practicing broad adult general neurology
  • Interest in a predominantly outpatient community practice
  • Ability to collaborate with two hospitals and their rehabilitation teams

Preferred Attributes

  • Experience with EEG interpretation, EMG, or nerve conduction studies
  • Interest in building a new regional service line
  • Appreciation for physical, occupational, and speech rehabilitation
  • Comfort caring for geriatric and nursing-facility populations
  • Collaborative, flexible approach to program development
  • Desire for long-term community integration rather than a short-term transactional role

Who Will Be Most Successful Here?

The strongest candidate will see the absence of an existing neurology infrastructure as an opportunity rather than a limitation. This role is ideal for a neurologist who wants substantial autonomy, a manageable schedule, meaningful community impact, and the ability to shape how neurological care is delivered across an underserved region.

A physician seeking a mature academic department, immediate subspecialty-only volume, or a dedicated inpatient neurology service may not find the role aligned with their goals. A general neurologist who values relationships, access, rehabilitation, and program development can build a highly visible and professionally rewarding practice.

© Copyright 2023 Pacific Companies. All Rights Reserved.