At Jeff Davis Hospital, your compensation package is designed not just to attract but to truly reward the expertise and commitment you bring to this medically underserved community. In a healthcare landscape where many physicians find themselves working harder for diminishing returns, this opportunity stands out for its transparent, generous approach to physician compensation.
Base Salary Guarantee: Your annual base salary of $315,000 provides financial security from day one, regardless of initial patient volumes as you build your practice. This base exceeds the national median for Family Medicine physicians by a significant margin and requires no complex productivity calculations to achieve.
Total Guaranteed First-Year Compensation: $365,000+
$315,000 base salary
$25,000 sign-on bonus
$25,000 first installment of loan forgiveness or retention bonus
Not including potential profit sharing or relocation allowance
Projected Total Annual Compensation Range: $365,000-$425,000+
Base salary: $315,000
Annual loan forgiveness/retention payment: $25,000
Production bonus (assuming 500-1,500 RVUs above threshold): $23,500-$70,500
Potential profit sharing (historical average): $13,500
Optional weekend hospitalist shifts ($3,500/per weekend) would further increase this total
Practice Development Period: The hospital recognizes that building a practice takes time and has structured compensation to ensure your financial stability during this period. Your guaranteed base remains secure as you establish yourself in the community, allowing you to focus on patient care rather than financial pressure.
Productivity Incentive Structure: Beyond your substantial base, additional earning potential comes through a straightforward productivity model that rewards clinical work without creating pressure:
RVU threshold of 6,700 (achievable but not demanding for a full-time Family Medicine physician)
$47 per RVU above threshold
For context, a physician exceeding threshold by just 500 RVUs annually would earn an additional $23,500
A highly productive physician exceeding threshold by 1,500 RVUs could earn an additional $70,500
First-Year Income Enhancement: Your transition to Jeff Davis Hospital comes with significant first-year financial benefits:
$25,000 sign-on bonus (forgiven over 2 years)
First installment of either student loan forgiveness or retention bonus ($25,000)
Potential hospital profit sharing (historically averaging $13,500)
Relocation allowance up to $20,000
These additions could increase your first-year compensation by $60,000+ above base salary
Four-Year Guaranteed Additional Income: You'll select one of these valuable long-term benefits:
$100,000 student loan forgiveness paid in annual $25,000 increments over four years, significantly reducing educational debt burden
$100,000 retention bonus paid in annual $25,000 increments at the end of each year for four years
Hospital Profit Sharing: Beyond your guaranteed compensation, you'll participate in the hospital's profit-sharing program, which has historically provided physicians with an average annual bonus of $13,500 based on overall organizational performance.
Optional Income Enhancement: Weekend hospitalist coverage, while entirely optional, offers the opportunity to supplement your already substantial income through additional shifts compensated above your base salary.
Total Four-Year Compensation Potential: $1,460,000-$1,700,000+
Based on guaranteed components and moderate productivity assumptions
Reflects cumulative earnings over initial four-year period
Excludes value of benefits package and optional hospitalist compensation
Cost-of-Living Advantage: Perhaps most significant is how dramatically your compensation is amplified by Hazlehurst's cost of living—approximately 30% below the national average. Your $365,000-$425,000+ income in Hazlehurst provides purchasing power equivalent to approximately $520,000-$607,000+ in many metropolitan markets. This translates to superior housing options, accelerated savings potential, and enhanced lifestyle opportunities.
Beyond direct compensation, Jeff Davis Hospital offers a benefits package addressing both immediate needs and long-term security, structured to support your professional and personal well-being.
Healthcare Coverage: Comprehensive medical, dental, and vision insurance for you and your family becomes effective the first month following 30 days of employment. The hospital's group plans provide quality coverage with competitive premium structures.
Retirement Planning: The hospital's retirement savings plan includes valuable employer matching contributions that enhance your long-term financial security:
2% hospital match for your 2% contribution
2.5% hospital match for your 3% contribution
3% hospital match for your 4% contribution
Contributions up to IRS annual limits ($23,500 for those under 50, with additional $6,500 catch-up for those over 50)
Immediate vesting of your contributions, with full vesting in employer match after 5 years
Professional retirement planning consultation available through the hospital's financial advisors
Exceptional Time Off: The position includes 36 days of paid time off annually—covering vacation, sick leave, and holidays—a significantly more generous allowance than typical physician positions. This substantial time away from practice supports work-life balance and helps prevent the burnout affecting many primary care physicians.
Professional Development Support: Your continuing education receives meaningful support through:
$5,000 annual CME allowance covering course registrations, travel expenses, and educational materials
5 dedicated CME days annually, separate from regular PTO
Flexible scheduling to accommodate important educational opportunities
Malpractice Coverage: Comprehensive professional liability insurance with these key features:
Per-occurrence coverage (superior to claims-made policies)
Employer-paid tail coverage ensuring continuous protection regardless of future practice changes
Coverage limits meeting or exceeding industry standards
Relocation Support: Your move to Hazlehurst is supported by:
Up to $20,000 in relocation expense reimbursement
Assistance finding housing and establishing community connections
Flexibility in start date to accommodate a smooth transition
Additional Benefits:
Flexible Spending Account (FSA) allowing pre-tax payment of eligible healthcare and dependent care expenses
Life insurance providing financial protection for your family
Disability insurance safeguarding your income in case of illness or injury
Professional dues allowance covering medical society memberships and specialty organizations
The true value of this compensation package becomes most apparent when viewed holistically:
Housing Affordability: With premium homes in Hazlehurst available for $250,000-$400,000, your housing cost will likely represent just 10-15% of your income—compared to 25-40% in metropolitan markets
Debt Reduction: The combination of higher income, lower living costs, and potential student loan forgiveness creates an extraordinary opportunity to eliminate educational debt or other financial obligations
Wealth Building: The financial margin created by this compensation structure in a low-cost environment allows accelerated investments and savings that could substantially shorten your path to financial independence
Family Financial Security: The comprehensive benefits package protects your family from unexpected healthcare costs while building long-term security through retirement contributions and insurance protections
Quality of Life Enhancement: Beyond basic financial security, this package provides resources for travel, hobbies, children's education funds, and other quality of life priorities often sacrificed by physicians in less favorable compensation situations
This thoughtfully structured compensation and benefits package reflects Jeff Davis Hospital's understanding that physician satisfaction encompasses both professional fulfillment and personal financial well-being. The organization has created a financial arrangement that rewards your expertise appropriately while acknowledging the significant value you bring to this healthcare community.