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

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Productivity Compensation (wRVU Bonus)

Additional Compensation Of

$35 per wRVU billed

Paid Monthly Based on Prior Month Production

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• 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

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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

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Benefits Package

Standard Employee Benefits

Physician Is Eligible For

RPG’s Standard Employee Benefits Package

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• 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

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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

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Travel Reimbursement

RPG Reimburses

reasonable and pre-approved travel expenses for assignments at customer hospitals.

Travel must comply with RPG travel policy.

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Malpractice Insurance

Provided by RPG

professional liability insurance with limits of:

• $1 million per occurrence
• $3 million aggregate

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• Termination Terms
• Without Cause Termination

Either Party May Terminate With

• 90 days written notice
• The physician must continue covering agreed assignments during notice period.

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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