Contract & Benefits

Physician Recruitment Process and Compensation Overview

The WK HemOnc group is one of the busiest community oncology programs in the region, adding approximately 100 new patients per week with one partner's hematology panel already booked out more than three months. The incoming physician begins as an inpatient oncology hospitalist at Piermont Hospital under a separate contract, then transitions into the main outpatient group at the Cancer Center. This proforma models the outpatient Cancer Center contract at full production. The experienced base of $700,000 sits well above the MGMA 90th percentile for total compensation in this specialty ($963,846 at 90th), providing an exceptionally strong income guarantee. The incentive threshold, calculated from the base and conversion factor, sits at approximately the 90th percentile of wRVU production nationally, meaning the base salary functions as the primary compensation vehicle with incentive reserved for the highest producers. Senior partners in this group have stated that top physicians can exceed the MGMA 90th percentile in total earnings.

Compensation Table

*This model includes assumed and/or estimated inputs where data was not provided. Assumptions are clearly marked. Final compensation details are to be confirmed by the employer.

Variable Value
Clinical Days per Week 4*
Clinical Hours per Week 32*
Patients per Day 25*
Weeks Worked 46*
Base Salary — Experienced $700,000
Base Salary — New Graduate $620,000
Conversion Factor — Experienced $61.00 per wRVU
Conversion Factor — New Graduate $60.00 per wRVU
Incentive Threshold — Experienced 11,475 wRVUs* (Base ÷ CF = $700,000 ÷ $61)
Incentive Threshold — New Graduate 10,333 wRVUs* (Base ÷ CF = $620,000 ÷ $60)
wRVU per Visit 1.47* (MGMA median total wRVU ÷ estimated annual visits)
Affiliation Bonus $25,000 over 3 years or $50,000 over 5 years
Relocation $10,000

Note: HemOnc wRVU production is substantially augmented by infusion and chemotherapy administration codes beyond standard E&M visits. Physicians overseeing infusions until completion, as is the practice at this group, may generate wRVUs materially above what a per-visit estimate captures. MGMA benchmarks are used as the primary production reference.

Production Calculations

Variable Formula Value
Annual Visits 4 days × 25 pts × 46 weeks 4,600 visits*
Total wRVUs — Assumed Schedule 4,600 × 1.47 wRVU/visit 6,762 wRVUs*
Total wRVUs — MGMA Median MGMA HemOnc Overall Median 6,393 wRVUs*
Total wRVUs — MGMA 75th Percentile MGMA HemOnc Overall 75th 8,564 wRVUs*
Total wRVUs — MGMA 90th Percentile MGMA HemOnc Overall 90th 11,555 wRVUs*

Compensation Model

Experienced Physician | Base: $700,000 | Threshold: 11,475 wRVUs* | CF: $61

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (6,393*) 6,393* Below threshold $0 $700,000
MGMA 75th (8,564*) 8,564* Below threshold $0 $700,000
MGMA 90th (11,555*) 11,555* (11,555 – 11,475) × $61 $4,880* $704,880*
High Producer (14,000*) 14,000* (14,000 – 11,475) × $61 $154,025* $854,025*

New Graduate | Base: $620,000 | Threshold: 10,333 wRVUs* | CF: $60

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (6,393*) 6,393* Below threshold $0 $620,000
MGMA 90th (11,555*) 11,555* (11,555 – 10,333) × $60 $73,320* $693,320*
High Producer (14,000*) 14,000* (14,000 – 10,333) × $60 $220,020* $840,020*

Benefits

  • Health, dental, and vision insurance
  • Retirement plan (type and employer match not confirmed — to be verified with client)
  • Paid time off and CME allowance (amounts not confirmed — to be verified with client)
  • Malpractice coverage with tail (structure not confirmed — to be verified with client)
  • Physician autonomy in insurance panel selection; WK does not mandate payer participation
  • Access to Mayo Clinic electronic consult network (24-hour turnaround)
  • Growing pharmaceutical clinical trials program with associated research income opportunity

Additional Compensation

  • Affiliation bonus: $25,000 over 3 years or $50,000 over 5 years (provided)
  • Relocation assistance: $10,000 (provided)
  • Inpatient hospitalist contract: separate RVU-based agreement for Phase 1 at Piermont Hospital (details not confirmed — to be verified with client)
  • Sign-on bonus: not confirmed — to be verified with client

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