Interventional Cardiology Opportunity in Ohio - $928k base salary + $100k Sign on Bonus + bonuses
Job Description
EXCITING OPPORTUNITY:
We are seeking a Board Certified or Board Eligible Interventional Cardiologist, who has completed fellowship training, to become part of our established Heart & Vascular practice, which is affiliated with the hospital. Our team includes a diverse group of skilled professionals dedicated to providing exceptional care.
COMPENSATION PACKAGE:
- Option #1: A base salary of $748,530, which aligns with the 50th percentile of MGMA for recent graduates, with additional compensation based on experience, guaranteed for two years. This can transition to a wRVU production contract once targets are surpassed.
- Option #2: A base salary of $928,311, reflecting the 75th percentile of MGMA, guaranteed for the first year, after which it will shift to a wRVU production contract.
* A 5% reduction applies for those who are not yet board certified, with salary adjustments made upon certification.
The two-year contract also includes:
- Vacation: 29 days of paid time off (PTO), with an additional 5 days of PTO available upon achieving 75th percentile wRVUs.
- CME/Books & Journals: 5 days of PTO and up to $5,000 for continuing medical education.
- Deferred Compensation: Participation in a 457b plan, allowing deferral of compensation up to the IRS limit of $23,000 annually before taxes, with no matching contributions.
- Retirement/Savings Plan: A 403b plan that permits deferral of compensation up to $23,000 annually before taxes for those under 50, and $30,500 for those over 50, with a dollar-for-dollar match up to 2% of base salary.
- Relocation Assistance: Up to $10,000 provided for moving expenses.
- Malpractice Insurance: Coverage under a claims-made policy, offering $2,000,000 per claim and $6,000,000 aggregate.
- Health Insurance: A small premium is deducted from the paycheck.
- Liquidated Damages: A non-compete clause of 70 miles for 2 years, or liquidated damages equivalent to one year’s salary.
- CERP (Pay for Call) Program: Details to be provided by the VP of Finance.
- Bonus Opportunities: Attractive bonus incentives of up to 10% of salary.
- Medical School Loan Repayment: Up to $200,000 in repayment, at $25,000 per year for each year of service commitment.
- Residency Stipend: Up to $25,000, contingent on a service commitment of up to 2 years.
- Sign-On Bonus: 15% of base salary, capped at $100,000, payable upon signing the contract and forgiven over a period of 2-4 years.
PRACTICE DETAILS:
- Location: Our new outpatient clinic is situated on the main campus of the hospital at the Braunlin Building, Suite 206, Portsmouth, OH 45662.
- Office Hours: Monday to Thursday from 7 AM to 6 PM, and Friday from 7 AM to 12 PM.
- Staff Composition: The practice includes 7 physicians (Interventional, Non-Invasive, CT Surgery, Vascular Surgery), 5 advanced practitioners, 20 clinical staff, 14 clerical staff, and 2 EKG technicians.
- Call Schedule: A rotation of 1:3 on weekends and 1 night per week, with STEMI calls shared among 2 other interventional cardiologists. Additional compensation is available through the CERP program.
- Patient Load: During office weeks, approximately 35 patients per day; inpatient rounding weeks involve 30-40 patients per day; cath lab weeks typically see 12-14 procedures daily.
- Equipment: Utilization of Phillips ECHO Systems, Phillips XPER Hemodynamics Cath Lab, Phillips Intellispace Cardiovascular, and Meditech Expance EHR.
- Practice Expectations: We are looking for a personable, dedicated team player who prioritizes patient-centered care and collaborates effectively with colleagues and staff.
ADDITIONAL INFORMATION:
Learn more about our organization and community:
Facility Overview: 248 staffed hospital beds | Service Area: 250,000 | Not-for-profit established in 1966 | Employs: over 2,700 | Medical Staff: 300+
Teaching Opportunities: Our organization hosts medical students, residents, and advanced practitioner trainees. Staff members can qualify for Clinical Adjunct Faculty status with a local medical college.
All employment offers are contingent upon successful completion of a post-offer physical examination, drug screening, and criminal background check.
