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Job description
Compensation Package
Base Salary
$260,000/year$21,666.67 per month
Paid twice monthly (15th and last day of each month)
Work Expectations
Expected availability:
Average of 10 shifts/month
120 shifts/year
Assignments may vary significantly by:
location
timing
staffing needs
Productivity Compensation (wRVU Bonus)
Additional compensation of:$35 per wRVU billed
Paid monthly based on prior month production
Excess Shift Bonus
If the physician works more than 10 shifts in a month:
Additional pay of:$1,700 per extra shift
Reconciliation Provision
Bonuses are reconciled quarterly and annually:
Must exceed:30 shifts per quarter
120 shifts per year
Holiday Shift Premium
Additional compensation of:
$1,400 extra per holiday shift
Covered Holidays
New Year's Day / Independence Day / Thanksgiving / Christmas Eve /Christmas Day /New Year's Eve
Benefits Package
Standard Employee Benefits
Physician is eligible for:
RPG's standard employee benefits package
Professional Expense Reimbursement
State Medical Licenses & DEA
RPG will:
pay for new state licenses and DEA certifications when needed for assignments
reimburse renewals if mutually agreed necessary for RPG operations
Continuing Medical Education (CME)
RPG reimburses:
tuition
travel
lodging for CME activities
CME Allowance
Up to:$2,000 per contract year
Conditions
Must receive prior written approval from CMO
Must submit documentation/receipts
Travel Reimbursement
RPG reimburses:
reasonable and pre-approved travel expenses for assignments at customer hospitals.
Travel must comply with RPG travel policy.
Malpractice Insurance
Provided by RPG:
professional liability insurance with limits of:
$1 million per occurrence
$3 million aggregate
Termination Terms
Without Cause Termination
Either party may terminate with:
90 days written notice
The physician must continue covering agreed assignments during notice period.
Bottom-Line Summary
This agreement is best characterized as:
a high-compensation traveling hospitalist employment model with:Strong guaranteed base
employer-covered professional expenses
malpractice protection
Significant earning upside via:RVUs
extra shifts
holiday premiums
Covered Professional Expenses
Licenses
DEA
CME
Travel
Malpractice
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Who can apply
Review the original listing for work authorization, qualifications and employer requirements.