Contract & Benefits

Physician Recruitment Process and Compensation Overview

The Good Shepherd adult psychiatry position offers a flat compensation structure with a $360,000 to $460,000 salary range, with flexibility in how base versus productivity is weighted based on candidate preference. Compared to 2025 MGMA Western region benchmarks for General Psychiatry, the low end sits between the 10th* and 25th* percentile and the high end reaches the Western median. The schedule is primarily outpatient with scheduled ED consultation, no inpatient admit coverage, and a hybrid telepsychiatry option. A standout feature of the package is fully covered insurance premiums for the physician and dependents, which increases the effective value of the compensation compared to typical employed packages. There is no ramp because compensation is fixed rather than production-based. The workload-to-compensation ratio is reasonable given the defined consult volume, absence of inpatient admit responsibility, and hybrid flexibility.

*This model includes assumed and/or estimated inputs where data was not provided. Assumptions are clearly marked. Final compensation details are to be confirmed by the employer.

Compensation

Variable Value
Clinical days per week 5
Clinical hours per week 40
Practice split ~85% outpatient, ~15% ED/inpatient consult
Weeks worked 46*
Base salary $360,000 to $460,000
Structure flexibility Mix of base and productivity is negotiable
Incentive threshold To be determined
Bonus structure To be determined

Production Calculations

Compensation is not tied to production in the confirmed structure. Production detail is deferred pending confirmation of base vs. productivity structure and visit length expectations.

Formula: Annual Visits = Clinical Days × Patients per Day × Weeks Worked

Compensation Model

Formula: Total Compensation = Base Salary + Incentive Compensation

Component Low End High End
Base Salary Range $360,000 $460,000
Total Guaranteed Compensation $360,000 $460,000

Market Benchmark Comparison

MGMA Source: Psychiatry: General, Western region, 2025.

Metric Calculated Value MGMA Percentile Interpretation
Total Compensation — low $360,000 ~10th to 25th* Below market median
Total Compensation — high $460,000 ~50th* Market-Aligned Compensation

MGMA Western Region Reference:

Metric 25th Median 75th 90th
Total Compensation $390,163 $460,799 $595,507 $740,521
Physician Work RVUs 4,031 5,415 8,606 9,238
Compensation per wRVU $80.39 $83.93 $99.69 $118.74

Three Year Projection

Year Base Salary Total Compensation
Year 1 $360,000 to $460,000 $360,000 to $460,000
Year 2 $360,000 to $460,000 $360,000 to $460,000
Year 3 $370,800* to $473,800* $370,800* to $473,800*

No ramp applies to the base structure. Year 3 reflects a 3% projection increase; actual year-over-year increases will follow the employer's standard review process.

Malpractice Coverage

Component Detail
Policy Type Occurrence-based
Tail Coverage Included

Benefits and Additional Compensation

Good Shepherd Medical Center offers a strong employed-physician benefits package alongside the compensation structure above. The coverage for dependent insurance premiums is a meaningful differentiator at this level of compensation. Items below cover benefits and financial components not already modeled in the Financial Proforma Analysis.

Benefits

  • Health, dental, and vision insurance with premiums covered for the physician and dependents
  • Retirement plan
  • 6 weeks PTO
  • Occurrence-based malpractice with tail coverage included
  • Hybrid work potential (telepsychiatry)

Additional Compensation (Non-Modeled)

  • Signing bonus
  • Relocation assistance

Oregon Tax Note

Oregon has no state sales tax, which meaningfully increases take-home purchasing power compared to neighboring Washington, where sales tax applies to most retail purchases.

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