Contract & Benefits

Physician Recruitment Process and Compensation Overview

A delivery-focused OBGYN at WK South will enter a global OB billing practice serving a predominantly Medicaid population with consistent, high-acuity volume. Because global billing bundles prenatal, delivery, and postpartum care into a single episode fee, wRVU production typically ramps over one to two years as the physician builds a full panel and cycles through global episodes. The base salary functions as a guaranteed income floor during this period. The experienced base of $362,500 sits between the MGMA 25th and 50th percentiles for total compensation, reflecting a conservative guarantee with meaningful upside once production is established. At MGMA 75th percentile production, total estimated compensation reaches approximately $461,500. The new graduate structure offers a lower base but an incentive threshold set below the national median, making incentive attainable earlier in the ramp period.

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 15*
Weeks Worked 46*
Base Salary — Experienced $362,500 (midpoint of $350,000–$375,000)
Base Salary — New Graduate $300,000
Conversion Factor $50.00 per wRVU
Incentive Threshold — Experienced 7,250 wRVUs* (Base ÷ CF = $362,500 ÷ $50)
Incentive Threshold — New Graduate 6,000 wRVUs* (Base ÷ CF = $300,000 ÷ $50)
wRVU per Visit 2.62* (MGMA median total wRVU ÷ estimated annual visits)
Affiliation Bonus $25,000 over 3 years
Relocation $10,000

Note: OB/GYN wRVU production is driven substantially by global delivery codes (e.g., CPT 59400, 59510), which bundle prenatal, delivery, and postpartum visits into a single episode. The wRVU per visit figure above is an approximation. MGMA wRVU benchmarks are used as the primary production reference.

Production Calculations

Variable Formula Value
Annual Visits 4 days × 15 pts × 46 weeks 2,760 visits*
Total wRVUs — MGMA Median MGMA OB/GYN General Overall Median 7,231 wRVUs*
Total wRVUs — MGMA 75th Percentile MGMA OB/GYN General Overall 75th 9,230 wRVUs*
Total wRVUs — MGMA 90th Percentile MGMA OB/GYN General Overall 90th 12,028 wRVUs*

Compensation Model

Experienced Physician | Base: $362,500 | Threshold: 7,250 wRVUs* | CF: $50

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (7,231*) 7,231* Below threshold $0 $362,500
MGMA 75th (9,230*) 9,230* (9,230 – 7,250) × $50 $99,000* $461,500*
MGMA 90th (12,028*) 12,028* (12,028 – 7,250) × $50 $238,900* $601,400*

New Graduate | Base: $300,000 | Threshold: 6,000 wRVUs* | CF: $50

Scenario Total wRVUs Incentive Formula Incentive Total Compensation
MGMA Median (7,231*) 7,231* (7,231 – 6,000) × $50 $61,550* $361,550*
MGMA 75th (9,230*) 9,230* (9,230 – 6,000) × $50 $161,500* $461,500*
MGMA 90th (12,028*) 12,028* (12,028 – 6,000) × $50 $301,400* $601,400*

Market Benchmark Comparison

Metric Calculated Value MGMA Percentile Interpretation
Base Salary — Experienced $362,500 ~25th–50th* Below MGMA median ($399,519*); conservative guarantee with upside above median production
Base Salary — New Graduate $300,000 ~10th–25th* Below median; new grad threshold set below median to allow earlier incentive access
Total Compensation — Experienced at 75th Production $461,500* ~75th* Market-Aligned Compensation
Total Compensation — New Grad at Median Production $361,550* ~25th–50th* Competitive for new graduate entry level
wRVU Productivity — MGMA Median 7,231* 50th* MGMA OB/GYN General Overall
Incentive Threshold — Experienced 7,250 wRVUs* ~50th* Threshold set just above national median; experienced physician producing at median earns base only
Incentive Threshold — New Graduate 6,000 wRVUs* ~25th–35th* Threshold set below median; incentive attainable at median and above
Pay per wRVU — Experienced at 75th Production $50.00 Below MGMA median ($56.83*) Conversion factor is below the national median; structure is base-heavy with upside above the incentive threshold

MGMA Source: OB/GYN: General — Overall (2025 MGMA DataDive) wRVU Percentiles: 10th: 3,397 | 25th: 5,242 | Median: 7,231 | 75th: 9,230 | 90th: 12,028 Compensation Percentiles: 10th: $275,021 | 25th: $332,598 | Median: $399,519 | 75th: $488,761 | 90th: $616,879

Market Alignment: Market-Aligned Compensation at 75th percentile production. Experienced physicians producing at the MGMA median earn the base only ($362,500), which falls below the MGMA median total compensation — this is flagged for recruiter awareness. The new graduate structure is more favorable; incentive is accessible at median production. Both structures offer strong upside for high producers.

Three Year Projection

Experienced Physician

Year wRVU Assumption Total Compensation
Year 1 — Ramp (global OB panel building) 4,500* $362,500* (base only)
Year 2 — Full Production (MGMA Median) 7,231* $362,500* (base only; at threshold)
Year 3 — Year 2 × 1.03 7,448* $373,375*

New Graduate

Year wRVU Assumption Total Compensation
Year 1 — Ramp 3,500* $300,000* (base only)
Year 2 — Full Production (MGMA Median) 7,231* $361,550*
Year 3 — Year 2 × 1.03 7,448* $372,397*

Malpractice Coverage

Variable Value
Coverage Type Occurrence or claims-made with tail*
Typical Louisiana Standard $1M / $3M*
Source Not confirmed — to be verified with client

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
  • Relocation assistance: $10,000
  • Educational stipend if signing during training: approximately $1,300–$1,500/month during residency or approximately $3,000/month during fellowship
  • Sign-on bonus: $25,000

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