Contract & Benefits

Physician Recruitment Process and Compensation Overview

Exceptional Total Compensation Package

The financial package offered by Sheridan Memorial Hospital reflects both the vital community need for pediatric care and the significant value your expertise brings to the region. With a total compensation potential approaching $360,000 annually, this opportunity stands well above the national average for pediatricians and competes favorably with metropolitan centers—while offering a substantially lower cost of living. This generous compensation structure allows you to achieve financial goals while enjoying the lifestyle benefits of practicing in Wyoming.

Compensation Component Year 1 Year 2 Year 3
Base Salary $325,000 $325,000 $325,000
Sign-On Bonus $25,000
Potential RVU Production Incentive Up to $35,000 Up to $35,000
Total Potential Compensation $350,000 Up to $360,000 Up to $360,000+

Note: Year 3 compensation may increase beyond $360,000 based on continued productivity growth and experience.

  • Competitive $325,000 base salary regardless of productivity
  • First-year guaranteed total compensation of $350,000
  • Potential to earn approximately $360,000 with production incentives after first year
  • Financial package designed for both immediate security and long-term growth

Productivity Structure That Rewards Quality Care

After your first year, you'll have the opportunity to earn additional income through a thoughtfully structured RVU-based incentive program. With a threshold of 6,593 RVUs and $38.75 per RVU above this mark, you can potentially earn an additional $35,000 annually. Unlike high-pressure productivity models, this structure rewards efficiency while preserving care quality.

  • Production incentive available after completing first year
  • Threshold of 6,593 RVUs before incentives begin
  • $38.75 per RVU above threshold
  • Potential for $35,000+ in additional annual income
  • Balanced approach to productivity and care standards

Personalized Relocation Support

Recognizing the importance of a smooth transition to Sheridan, the hospital offers flexible relocation assistance tailored to your specific needs. Choose between a $25,000 sign-on bonus or up to 12 months of temporary housing, allowing you to select the option that best supports your personal situation. This reflects the hospital's commitment to your successful integration into the community.

  • Choice between $25,000 sign-on bonus or 12 months of temporary housing
  • Flexible support for your relocation needs
  • Hospital commitment to easing your transition into Sheridan

Call Compensation Included in Base Salary

Your call responsibilities—about 10 days per month on a 1:3 rotation—are fully included in your base salary. This transparent compensation model eliminates complex call pay formulas and ensures equitable reimbursement for essential services. The transition from a 1:2 to 1:3 call schedule also shows the hospital's dedication to physician well-being.

  • 10 days of call/month included in base salary
  • Simple, transparent structure—no complex formulas
  • Balanced schedule supports time with family
  • Backup call system available during your first 6–12 months

Comprehensive Benefits Package

Sheridan Memorial Hospital offers a competitive and comprehensive benefits package to support both your career and your personal life. Full details on benefits—such as health insurance, retirement plans, paid time off, and CME allowances—will be provided during interviews.

  • Full benefits overview shared during interview process
  • Competitive insurance and retirement options
  • Continuing education (CME) allowance and support
  • Generous paid time off for work-life balance
  • Total compensation philosophy supports long-term success

Financial Security and Career Growth

The compensation model at Sheridan Memorial Hospital translates into both financial prosperity and career satisfaction. Unlike metro areas where high incomes are often diminished by high living costs, Sheridan’s affordability and Wyoming’s tax advantages let you keep more of what you earn—empowering you to save, invest, or pay down debt more effectively, all while working in a respectful and supportive environment.

  • Exceptional purchasing power with $325,000+ income in a moderate-cost region
  • Clear and straightforward compensation
  • Professional fulfillment plus financial security
  • Tax advantages that boost take-home pay
  • Comprehensive financial package recognizing your full value

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