Contract & Benefits

Physician Recruitment Process and Compensation Overview

An outpatient neurologist at WK Pierremont enters a clinic turning away approximately 100 referrals per week, meaning panel-building will be rapid once the physician is credentialed. With a dedicated neurohospitalist program covering all inpatient and after-hours cases, this is a pure outpatient role with no call obligation. The experienced base of $375,000 sits above the MGMA median for general neurology ($369,011), providing above-median income security from day one. The calculated incentive threshold falls just above the MGMA 75th percentile for wRVU production, meaning physicians who build volume to that level will generate meaningful incentive compensation above the guaranteed base. At the 75th percentile, total estimated compensation reaches approximately $464,000 for experienced physicians.


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 5*
Clinical Hours per Week 40*
Patients per Day 12*
Weeks Worked 46*
Base Salary — Experienced $375,000
Base Salary — New Graduate $325,000
Conversion Factor — Experienced $67.00 per wRVU
Conversion Factor — New Graduate $59.00 per wRVU
Incentive Threshold — Experienced 5,597 wRVUs* (Base ÷ CF = $375,000 ÷ $67)
Incentive Threshold — New Graduate 5,508 wRVUs* (Base ÷ CF = $325,000 ÷ $59)
wRVU per Visit 2.00* (MGMA median total wRVU ÷ estimated annual visits)
Affiliation Bonus $25,000 over 3 years or $50,000 over 5 years
Relocation $10,000

Production Calculations

Variable Formula Value
Annual Visits 5 days × 12 pts × 46 weeks 2,760 visits*
Total wRVUs — Assumed Schedule 2,760 × 2.00 wRVU/visit 5,520 wRVUs*
Total wRVUs — MGMA Median MGMA Neurology Overall Median 5,059 wRVUs*
Total wRVUs — MGMA 75th Percentile MGMA Neurology Overall 75th 6,932 wRVUs*
Total wRVUs — MGMA 90th Percentile MGMA Neurology Overall 90th 9,431 wRVUs*

Compensation Model

Experienced Physician | Base: $375,000 | Threshold: 5,597 wRVUs* | CF: $67

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (5,059*) 5,059* Below threshold $0 $375,000
Assumed Schedule (5,520*) 5,520* Below threshold $0 $375,000
MGMA 75th (6,932*) 6,932* (6,9325,597) × $67 $89,445* $464,445*
MGMA 90th (9,431*) 9,431* (9,4315,597) × $67 $256,878* $631,878*

New Graduate | Base: $325,000 | Threshold: 5,508 wRVUs* | CF: $59

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (5,059*) 5,059* Below threshold $0 $325,000
MGMA 75th (6,932*) 6,932* (6,9325,508) × $59 $84,016* $409,016*
MGMA 90th (9,431*) 9,431* (9,4315,508) × $59 $231,457* $556,457*

Market Benchmark Comparison

Metric Calculated Value MGMA Percentile Interpretation
Base Salary — Experienced $375,000 ~50th–75th* Above MGMA median ($369,011); competitive entry point
Total Compensation — Experienced at 75th Production $464,445* ~75th* Market-Aligned Compensation
Total Compensation — New Grad at 75th Production $409,016* ~50th–75th* Market-Aligned Compensation
wRVU Productivity — MGMA Median 5,059* 50th* MGMA Neurology Overall
Incentive Threshold — Experienced 5,597 wRVUs* ~60th* Threshold set above median; incentive begins at above-median production
Incentive Threshold — New Graduate 5,508 wRVUs* ~55th–60th* Similar positioning to experienced threshold
Pay per wRVU — Experienced at 75th Production $67.00 Just below MGMA median ($70.19*) Conversion factor slightly below MGMA median; offset by above-median base salary

MGMA Source: Neurology — Overall (2025 MGMA DataDive)
wRVU Percentiles: 10th: 2,413 | 25th: 3,739 | Median: 5,059 | 75th: 6,932 | 90th: 9,431
Compensation Percentiles: 10th: $247,711 | 25th: $315,652 | Median: $369,011 | 75th: $446,457 | 90th: $600,027

Market Alignment: Market-Aligned Compensation at 75th percentile production. Physicians producing at the MGMA median earn the base salary only ($375,000), which itself exceeds the MGMA median — a favorable outcome. Strong upside for physicians who develop a subspecialty focus and build volume above the median.


Three Year Projection

Experienced Physician

Year wRVU Assumption Total Compensation
Year 1 — Ramp 3,500* $375,000*
Year 2 — Full Production (MGMA 75th) 6,932* $464,445*
Year 3 — Year 2 × 1.03 7,140* $478,378*

New Graduate

Year wRVU Assumption Total Compensation
Year 1 — Ramp 2,800* $325,000*
Year 2 — Full Production (MGMA 75th) 6,932* $409,016*
Year 3 — Year 2 × 1.03 7,140* $421,287*

Malpractice Coverage

Variable Value
Coverage Type Occurrence or claims-made with tail*
Typical Louisiana Standard $1M / $3M*
Source Not confirmed — to be verified with client

Benefits and Additional Compensation

Willis-Knighton offers a standard benefits package for employed physicians. The items below are not reflected in the production model above.

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)

Additional Compensation

  • Affiliation bonus: $25,000 paid over 3 years, or $50,000 paid over 5 years (provided)
  • Relocation assistance: $10,000 (provided)
  • Sign-on bonus: not confirmed — to be verified with client

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