PM&R Physician
Portsmouth, Ohio
OPPORTUNITY:
Looking for a PM&R residency trained physician to join our hospital employed outpatient PM&R group.
COMPENSATION:
– Option #1: Base salary of $256,400 (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 #2: Base salary of $328,700 (75%tile MGMA) guaranteed for one year and then switched to a wRVU production contract.
– Vacation: 4 weeks plus holidays/sick days (29 PTO days). Additional 5 days when producing 75%tile wRVUs
– CME/Books & Journals: 5 days PTO and up to $5000
– Medical School Loan Repayment: repay up to $200,000 ($25,000 per year for each year of service commitment)
– Deferred compensation: 457b plan. Defer compensation up to IRS limit of $19,000 year before taxes. No matching.
– Retirement / Savings Plan: 403b plan. Defer compensation up to IRS limit of $19,000 year before taxes under age 50 and $24,000 for over age 50. SOMC 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 $1,000,000, per claim/$3,000,000, aggregate
– Health Insurance: provider pays small premium, deducted from paycheck
– Liquidated Damages: 70 mile and 2 year non-compete clause or liquidated damages of one year salary
– Sign on Bonus: 15% of base salary up to $100,000 (paid when contract signed and forgiven over 2-4 years)
– Residency Stipend: up to $25,000 (requires up to 2 year service commitment)
– Bonus Incentives: excellent bonus incentives up to 30% of salary
HOSPITAL:
Hospital Beds: 222 staffed
Service Area: over 120,000
Not-for-profit established in 1966
Employs: 2675 Medical Staff: 239
Surgical Procedure per year: 14,000+ (9,000+ are Same Day)
Number of Operating Suites: 2 Open Heart; 1 Hybrid (for peripheral vascular and open cardiac cases); 5 General Surgery Rooms; 4 Orthopedic Rooms; 5 Endo Suites with 1 ERCP Room; and 1 Cysto Suite located in the Endoscopy area (19 total rooms)
Regular OR Hours: Elective surgery scheduled Monday – Friday, 7:30 a.m. – 3:30 p.m.
Payor Mix: Insurance 31% Medicare 30% Medicaid 26% Self-Pay 7% Others 6%
Newer Facilities:
- $100 million in new construction, expansion and refurbishment: Patient care addition; nursing units and 100 private beds – opened July 2009 Open heart/cardiac unit – open Dec. 2008
- New medical clinical laboratory library
- New Surgery and Emergency Department New lounge and physician area Additional parking for physicians
- New front entrance
Maternity Department:
11 Private LDRP (Labor, Delivery, Recovery, Post), 1,600 deliveries per year, 5 room triage area, 3 rooms for surgery patients, surgical room, holding nursery, and a 6 bed special care nursery. Critical Care Department: 16 ICU rooms (15 private), Circular floor set-up, Break away doors, sleeping rooms for on-call staff and medical students, and large waiting room with restrooms and vending machines.
Emergency Department:
23 beds (21 private) and 4 chairs, special pediatric room, drive-up lane, using computerize radiography (filmless), 2 x-ray rooms and a STAT lab – expanding to 47 beds. Teaching opportunities: SOMC has 3rd and 4th year medical students; Emergency Medicine, Family Practice, and OB/Gyn teaching and preceptorship experiences. Staff eligible for Clinical Adjunct Faculty status with Ohio University Heritage College of Osteopathic Medicine.
