Contract & Benefits

Physician Recruitment Process and Compensation Overview

The WK HemOnc group is one of the busiest community oncology programs in the region, adding approximately 100 new patients per week with one partner's hematology panel already booked out more than three months. The incoming physician begins as an inpatient oncology hospitalist at Piermont Hospital under a separate contract, then transitions into the main outpatient group at the Cancer Center. This proforma models the outpatient Cancer Center contract at full production. The experienced base of $700,000 sits well above the MGMA 90th percentile for total compensation in this specialty ($963,846 at 90th), providing an exceptionally strong income guarantee. The incentive threshold, calculated from the base and conversion factor, sits at approximately the 90th percentile of wRVU production nationally, meaning the base salary functions as the primary compensation vehicle with incentive reserved for the highest producers. Senior partners in this group have stated that top physicians can exceed the MGMA 90th percentile in total earnings.

Compensation Table

*This model includes assumed and/or estimated inputs where data was not provided. Assumptions are clearly marked. Final compensation details are to be confirmed by the employer.

Variable Value
Clinical Days per Week 4*
Clinical Hours per Week 32*
Patients per Day 25*
Weeks Worked 46*
Base Salary — Experienced $700,000
Base Salary — New Graduate $620,000
Conversion Factor — Experienced $61.00 per wRVU
Conversion Factor — New Graduate $60.00 per wRVU
Incentive Threshold — Experienced 11,475 wRVUs* (Base ÷ CF = $700,000 ÷ $61)
Incentive Threshold — New Graduate 10,333 wRVUs* (Base ÷ CF = $620,000 ÷ $60)
wRVU per Visit 1.47* (MGMA median total wRVU ÷ estimated annual visits)
Affiliation Bonus $25,000 over 3 years or $50,000 over 5 years
Relocation $10,000

Note: HemOnc wRVU production is substantially augmented by infusion and chemotherapy administration codes beyond standard E&M visits. Physicians overseeing infusions until completion, as is the practice at this group, may generate wRVUs materially above what a per-visit estimate captures. MGMA benchmarks are used as the primary production reference.

Production Calculations

Variable Formula Value
Annual Visits 4 days × 25 pts × 46 weeks 4,600 visits*
Total wRVUs — Assumed Schedule 4,600 × 1.47 wRVU/visit 6,762 wRVUs*
Total wRVUs — MGMA Median MGMA HemOnc Overall Median 6,393 wRVUs*
Total wRVUs — MGMA 75th Percentile MGMA HemOnc Overall 75th 8,564 wRVUs*
Total wRVUs — MGMA 90th Percentile MGMA HemOnc Overall 90th 11,555 wRVUs*

Compensation Model

Experienced Physician | Base: $700,000 | Threshold: 11,475 wRVUs* | CF: $61

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (6,393*) 6,393* Below threshold $0 $700,000
MGMA 75th (8,564*) 8,564* Below threshold $0 $700,000
MGMA 90th (11,555*) 11,555* (11,555 – 11,475) × $61 $4,880* $704,880*
High Producer (14,000*) 14,000* (14,000 – 11,475) × $61 $154,025* $854,025*

New Graduate | Base: $620,000 | Threshold: 10,333 wRVUs* | CF: $60

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (6,393*) 6,393* Below threshold $0 $620,000
MGMA 90th (11,555*) 11,555* (11,555 – 10,333) × $60 $73,320* $693,320*
High Producer (14,000*) 14,000* (14,000 – 10,333) × $60 $220,020* $840,020*

Benefits and Additional Compensation

Willis-Knighton provides a comprehensive benefits package for all full-time and part-time employed physicians. Benefits are effective July 1, 2025. The items below are not reflected in the production model above.

Medical Insurance

Coverage Monthly Premium Biweekly Premium
Employee Only $120.00 $55.38
Employee + Spouse $373.00 $172.15
Employee + Child(ren) $354.00 $163.38
Family $499.00 $230.31

PCP copay: $25 (Tier 1 and 2); Specialist copay: $45 (Tier 1), $60 (Tier 2)

ER copay: $200; Urgent Care: $50; Outpatient Hospital: $125/visit; Hospital admit: $400

Prescription deductible: $250 annually; Generic $15 / Preferred Brand $40 / Non-Preferred Brand $55 (30-day supply)

Tobacco surcharge: $72.28/month; Spousal Access Fee: $300/month if spouse has access to coverage elsewhere

Spousal Incentive Plan (SIP): if spouse has employer-sponsored coverage available, WK reimburses eligible out-of-pocket expenses up to 100% for WK facilities; 70% for non-WK facilities

Healthy Merits Incentive: opportunity to earn a $600 annual premium credit

Dental Insurance

Plan Employee Monthly Family Monthly
Basic $24.28 $74.43
Enhanced $34.17 $104.85
In-Network Only $31.59 $93.60

Preventive: covered 100% across all plans

Basic services: 70% (Basic plan), 80% (Enhanced and In-Network Only)

Major services: 40% (Basic), 60% (Enhanced and In-Network Only)

Orthodontia: 50% up to $2,500 lifetime maximum to age 21 (Enhanced and In-Network Only)

Annual maximum: $1,000 (Basic), $1,500 (Enhanced), $2,500 (In-Network Only)

Vision Insurance

Coverage Monthly Premium
Employee Only $6.40
Employee + Spouse $12.66
Employee + Child(ren) $11.78
Family $18.70

Annual eye exam covered in full at WK facilities (Tier 1); $20 copay at VSP providers (Tier 2)

Frames reimbursed up to $150; single vision lenses covered in full (Tier 2)

Elective contacts reimbursed up to $150 (Tier 2)

Life and AD&D Insurance

Employer-Paid Life/AD&D: 2.5 times annual base salary up to $500,000; spouse $10,000; dependents $5,000 (to age 26, unmarried)

Supplemental Life/AD&D: Employee may elect up to 3 times annual salary up to $1.2 million; guaranteed issue up to $325,000 without Evidence of Insurability

Disability Insurance

Plan Benefit Elimination Period Duration
Short-Term Disability (Employer-Paid) 60% of weekly earnings up to $650/week 14 days 24 weeks
Long-Term Disability (Employer-Paid) 50% of monthly earnings up to $6,000/month 180 days Age-dependent

STD and LTD buy-up options available for additional coverage at employee cost

Retirement

Defined Benefit Pension (Employer-Paid): Automatic enrollment after one year of employment; benefit based on average of five highest consecutive years of earnings multiplied by years of service; 100% vested after five consecutive years; normal retirement age 65; administered through Corebridge Financial

403(b): Pre-tax and post-tax contribution options via payroll deduction through Corebridge Financial

Flexible Spending Accounts

Health Care Reimbursement Account (HCRA): up to $3,300 annually

Dependent Care Reimbursement Account (DCRA): up to $7,500 annually

Additional Benefits

  • Tuition reimbursement
  • On-site fitness center
  • Employee Assistance Plan (EAP)
  • Legal plan
  • Critical illness insurance
  • Pet insurance
  • Credit union access
  • Home and auto insurance discounts
  • LifeLock identity theft protection
  • Cafeteria discount
  • Various local company discounts
  • Jury duty, funeral leave, and holiday pay

Additional Compensation

  • Affiliation bonus: $25,000 over 3 years or $50,000 over 5 years
  • Relocation assistance: $10,000
  • Sign-on bonus: $25,000

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