Contract & Benefits

Physician Recruitment Process and Compensation Overview

Compensation & Benefits: A Rewarding Package That Reflects Your Value

This opportunity offers a competitive compensation package designed to reward your clinical productivity and commitment to patient care. With a guaranteed starting salary of $625,000, substantial financial incentives, and an RVU-based compensation model, you’ll have the opportunity to build a rewarding career while enjoying financial security and work-life balance.

Competitive Salary & Productivity-Based Earnings

The position offers a $625,000 annual salary guarantee for the first two years, providing financial stability as you establish your practice. Beyond the guarantee, the compensation structure rewards productivity with significant earning potential.

The RVU-based compensation model includes:

• Guaranteed salary: $625,000 annually for two years
• Initial productivity threshold: 8,640 work RVUs
• WRVU conversion factor: $63.48
• Higher productivity tier: $66.51 per WRVU above 9,975
• Typical physician productivity: 10,000–12,000 WRVUs annually
• Uncapped earning potential: Additional compensation based on productivity

Sample Productivity Earnings

The compensation model provides opportunities to increase your earnings as your practice grows.

With typical physician productivity ranging from 10,000 to 12,000 WRVUs annually, the opportunity offers substantial earning potential beyond the guaranteed salary.

Generous Incentives & Financial Support

In addition to your guaranteed compensation and productivity incentives, the position includes a substantial recruitment and retention package.

• Starting bonus: $60,000
• Retention bonus: $80,000 total, distributed in two $40,000 payments
• Relocation assistance: $15,000–$25,000
• Loan repayment and quality bonuses: Evaluated on a case-by-case basis
• Immigration support: Available for J-1 and H-1B candidates, with assistance from a dedicated attorney

The starting bonus, retention incentives, and relocation assistance provide up to $165,000 in additional financial support.

Comprehensive Benefits That Support Your Whole Life

Your employment through Franciscan Medical Group includes a comprehensive benefits package designed to support your professional goals, financial future, and personal well-being.

• Medical, dental, and vision insurance
• Malpractice insurance with tail coverage
• 401(k) and retirement planning options
• Six weeks of paid time off plus six holidays
• CME days and a CME allowance
• Coverage for license renewals, professional dues, and memberships

With a strong guaranteed salary, substantial incentives, and comprehensive benefits, you can focus on delivering exceptional patient care while building long-term financial security.

Compensation at a Glance

Base Salary: $625,000 guaranteed annually for two years

Productivity Model: $63.48 per WRVU, increasing to $66.51 above 9,975 WRVUs

RVU Threshold: 8,640 WRVUs for the initial tier

Earning Potential: Approximately $700,000–$782,000 at the provided productivity examples

Starting Bonus: $60,000

Retention Bonus: $80,000 total, paid in two $40,000 installments

Relocation Assistance: $15,000–$25,000

Benefits: Comprehensive medical, retirement, malpractice, PTO, and CME support