Contract & Benefits

Physician Recruitment Process and Compensation Overview

Base Salary: $290,000-$300,000 ($297K Median-MGMA) plus Production Incentives
Rate per RVU: $80/ per RVU greater than monthly threshold
Monthly Threshold: 425
425 x 12 months =5,100 (33rd Percentile of MGMA) (4724-25th, 5883-Median-MGMA)

Let’s say you average 1.8 RVUs per patient encounter and you see 20 patients a day. Then we take 20 x 1.8 =36 RVU’s a day. 36 x 14.41 (days worked) =518 RVU’s in a month.

518-425=93 RVU’s that will get the bonus of $80. So, 93 (RVUs) x $80 =$7440. The $7440is the monthly bonus.
$7440 x 12=$89,280K + $300K = $389,280K

Sign on: $20,000
Relocation: $10,000
Retention: $15,000 annually paid upon the last calendar year date of contract
Value- Based Bonus: Awarded up to 5% of yearly compensation
Student Loan Forgiveness- Paid directly to lender

6 weeks of PTO
5 CME Days + $3,000 Stipend
Occurrence Malpractice
403b Retirement Plan 
GS contributes up to 6% total. Employer contributes 4% to employee account.  Additionally, they will match 50% of employee contributions up to 4%.
457 Deferred Compensation Plan 
Optional 401k 

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