Call Schedule/CERP - 1:3 weekend rotation, 1 night/week rotation, STEMI call shared with 2 other interventional cardiologists. Eligible to earn additional compensation by joining our CERP (Pay for Call) Program
Option : Base salary of $794,509 (50%tile MGMA for those just completing training) with additional compensation for experience, guaranteed for 2 years. Can be switched to a wRVU production contract when exceeding target.
Option : Base salary of $986,475 (75%tile MGMA) guaranteed for one year and then switched to a wRVU production contract.
5% less for those not yet boarded, salary adjusted accordingly upon board certification
2-year contract also includes:
Vacation: 29 PTO (paid time off) days. Additional 5 days PTO when producing 75%tile wRVUs.
CME/Books & Journals: 5 days PTO and up to $5000
Deferred compensation: 457b plan. Defer compensation up to IRS limit of $24,500 year before taxes. No matching.
Retirement / Savings Plan: 403b plan. Defer compensation up to IRS limit of $24,500 year before taxes under age 50 and $31,000 for over age 50. Group matches dollar for dollar up to 2% of base pay.
Moving Expense: $10,000 paid to moving company
Malpractice Insurance Coverage: in a claims made insurance, in an amount of $2,000,000, per claim/$6,000,000, aggregate
Health Insurance: physician pays small premium, deducted from paycheck
Liquidated Damages: 70 mile and 2 year non-compete clause or liquidated damages of one year salary
CERP (Pay for Call) Program: Explained by VP of Finance
Bonus Incentives: excellent bonus incentives up to 10% of salary
Medical School Loan Repayment: repay up to $200,000 ($25,000 per year for each year of service commitment)
Residency Stipend: up to $25,000 (requires up to 2 year service commitment)
Sign on Bonus: 15% of base salary up to $100,000 (paid when contract signed and forgiven over 2-4 years)
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