Rheumatology- Physician- Waterloo/CF- $330K base plus $120K in Bonuses
Listed compensation
$330K
The week · per this posting · weekdays assumed
Ask the employer about the work setting, call expectations, weekend coverage and time off.
Job Description
Employment Type: Full time
Shift: Description:
MercyOne Waterloo Rheumatology
Manage and treat patients with rheumatic diseases (musculoskeletal system, soft tissues, autoimmune diseases, and connective tissue disorders)
Predominantly Outpatient Practice with Inpatient Consult
- Infusion therapy and advanced diagnostics performed on campus.
- Large primary care referral base and multi-specialty partnership
- H-1B cap exempt organization
- J-1 candidates accepted
MercyOne Medical Group - Northeast Iowa
- $330K Two-year salary guarantee moving to production-based compensation.
- $60K Starting bonus
- $60K longevity bonuses
- $15K Moving allowance
- Comprehensive benefit package including paid malpractice and tail coverage.
- 403(b) retirement plan with employer match
- 457(b) deferred compensation eligibility
Annual CME Reimbursement Allowance
Regional health system covering eight counties, includes Waterloo Medical Center, Cedar Falls Medical Center, Oelwein Medical Center, as well as more than 20 primary care locations throughout northeast Iowa serving approximately 280,000 residents.
MercyOne Medical Group - Northeast Iowa
- Employed multi-specialty group with more than 180 providers - Physicians, Physician Assistants and Nurse Practitioners
- Offers three-year guarantee moving to a production-based compensation model
- Starting bonus
- Relocation allowance
- Comprehensive benefit package including paid malpractice and tail coverage
Regional health system covering eight counties, includes Waterloo Medical Center, Cedar Falls Medical Center, Oelwein Medical Center, as well as more than 20 primary care locations throughout northeast Iowa serving approximately 280,000 residents
For More Information Please Contact
- Lori Landsgard, Senior Provider Recruitment Coordinator lori.landsgard@mercyhealth.com
- (W) 319-272-7325 or (C) 319-269-9237
Our Commitment
Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care.
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.
Key Responsibilities
Manage and treat patients with rheumatic diseases, including musculoskeletal, soft tissue, and autoimmune conditions. Provide care through a predominantly outpatient practice with additional inpatient consultation and on-campus infusion therapy.
Requirements
The candidate must be a qualified physician capable of managing complex rheumatic conditions. The organization accepts J-1 candidates and is H-1B cap exempt.
Qualifications
- Experience
- 2+ years of experience
Key Skills
Rheumatology — Physician Career Context
Physician pay on WeekdayDoc is down 4.5% vs. the prior quarter (through Oct 2026).
For production-based offers, this specialty runs a typical 4,200 wRVUs per year (derived from CMS CPT-frequency data), and WeekdayDoc listings compensate a median of about $52 per wRVU — implying roughly $218k in production-based pay. For reference, the 2026 CMS Medicare conversion factor is $33.40 per RVU.
| Measure | This job | Market |
|---|---|---|
| Listed pay | not listed | Physician median $313k (middle half $290k–$329k)69 comparable listings, Nov 2026 |
| Cost of living | Iowa index 87.8 | US average = 100BEA Regional Price Parities (2024) |
| Physician listings in Iowa | 258 active | 22,405 nationallylive on WeekdayDoc, Nov 2026 |
| Sign-on & loan repayment | $60k sign-on | Iowa Physician listings: 28% state a sign-on bonus (median $150k) · 38% offer loan repayment258 active listings, Nov 2026 |
| Rheumatology hiring demand | not ranked this month | postings stay open a median 73 daysWeekdayDoc Hiring Index, October 2026 · 52 postings, 32 closed |
| New Rheumatology listings | 56 in the last 30 days | 34 the 30 days before (+65%)U.S., first seen on WeekdayDoc, Nov 2026 |
| Physician pay trend | −4.5% vs prior quarter | —through Oct 2026 |
| Implied production pay | ~$218k | $52/wRVU × 4,200 wRVUsCMS CPT frequencies; WeekdayDoc listing median $/wRVU |
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