Contract & Benefits

Physician Recruitment Process and Compensation Overview

The position uses a productivity-based academic compensation model with a two-year income guarantee for new faculty. New hires typically reach a full schedule within six months of start, and the wRVU target of 3,700 is set well below typical full-time cardiology benchmarks to remain achievable on a four-day clinical schedule. Production above the threshold pays at a fixed conversion factor, and additional compensation comes through call coverage at Intermountain Saint Joseph Hospital, an annual Quality Award, and standard benefit components. The model is positioned as fair and reasonable rather than production-driven, consistent with the academic and hybrid nature of the practice. Total realized compensation will depend on hire experience level, optional inpatient and call commitments, and individual program development opportunities.

Compensation

Variable Value
Clinical days per week 4
Weeks worked per year 46
Time off 6 weeks per year (includes holidays)
Base salary $400,000 range, depending on experience
wRVU incentive threshold 3,700
Conversion factor above threshold $25 per wRVU
Income guarantee 2 years
Bonus structure Annual reconciliation of actual wRVU production against target; production above threshold paid at conversion factor

Market Benchmark Comparison

Benchmarks reference 2025 MGMA Cardiology: Noninvasive, Western region. The role is structured as a pro-rated academic schedule of four clinical days per week and 46 working weeks, so direct comparison to full-time benchmarks understates relative position. The threshold and base salary intentionally sit below market median to align with the academic model and reduced clinical FTE.

Metric Position Value MGMA Median Interpretation
Base Salary $400,000 range $797,678 Sits below the 10th percentile of full-time benchmarks; the academic and hybrid model trades direct compensation for reduced clinical FTE, lighter call, and program-building opportunities
wRVU Threshold 3,700 11,420 Threshold set well below median productivity to remain achievable on a four-day clinical schedule
Pay per wRVU above Threshold $25 $67.95 Conversion factor below market median; primary realized compensation is base salary plus call pay rather than productivity bonus

Benefits and Additional Compensation

The position includes structured benefits and incentives that complement base salary. The list below includes items confirmed at the time of writing. Final benefits package will be detailed in the formal offer.

Benefits

  • Two-year income guarantee for new faculty
  • Six weeks of paid time off per year, including holidays
  • CME funding through the annual Quality Award
  • Standard health, retirement, and malpractice coverage

Additional Compensation

Performance Pay: Annual reconciliation of actual wRVU production against the 3,700 target. Production above threshold is paid at $25 per wRVU and issued by August 22 of the subsequent fiscal year.

Call Pay: Approximately $20,000 to $25,000 per year for inpatient call coverage at Intermountain Saint Joseph Hospital, billed separately from base salary.

Quality Award: Independent annual award for professional development and CME. Dollar amount is determined annually and may vary year to year. Pro-rated by clinical FTE percentage and awarded by September 1 of the subsequent fiscal year for use in the following year. Quality metrics set annually by the Chief Medical Officer with input from CMS and third-party payers.

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