Physician-at-Large / Hospitalist Physician

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