Contract & Benefits

Physician Recruitment Process and Compensation Overview

The neurology department provides competitive compensation and a comprehensive benefits package designed to attract and retain top talent across all specialties. Below is an overview of the key contract terms and benefits offerings:

Compensation Model:

Base salary aligned with benchmarks from the Medical Group Management Association (MGMA) or the Association of American Medical Colleges (AAMC).
Productivity-based incentives tied to relative value unit (RVU) production, with thresholds typically set at the 65th percentile for additional earnings.
Extra duty pay for specific roles, such as telestroke services, ranging from $1,000 per weekday to $1,500 per weekend.

Potential Earnings:

Opportunities for bonuses based on departmental performance and individual contributions.
High-demand specialties, such as Pediatric Neurology and Stroke, may offer additional compensation to reflect market needs.

Health Insurance:

Comprehensive health, dental, and vision plans for employees and their families.

Malpractice Insurance:

Full coverage provided by the hospital, including tail coverage for departing physicians.

Retirement Benefits:

Employer-sponsored 401(k) with matching contributions.
Additional retirement planning resources available through the hospital.

Paid Time Off (PTO):

Generous PTO, including vacation days, sick leave, and holidays.
Paid leave for continuing medical education (CME).

CME and Professional Development:

Annual allowance for CME expenses, licensure renewals, professional dues, and certifications.

Relocation Assistance:

Comprehensive relocation support, including moving expenses and temporary housing allowances.

Additional Perks:

Health and wellness programs, including on-site fitness centers and wellness workshops.
Family-centered benefits, such as childcare support and access to local educational resources.

This package ensures a balanced professional and personal life, promoting both career advancement and quality of life. Would you like to make any adjustments or add more specific details before we move to the “Hospital/Facility Overview”?