Permanent Psychiatry opening in Southern Ohio - Competitive Salary/Benefits/Bonuses
Job Summary
Occupation
Physician
Specialty
Psychiatric-Mental Health
Degree Required
MD/DO
Position Type
Permanent/Full-Time
Work Environment
Clinic/Private Practice
Location
Ohio, Ohio, United States
Visa Sponsorship
No
Job Description
Last Update:
4/25/24
*Location: Southern Ohio, Scioto County
*Setting: Outpatient Psychiatry
*Schedule: Clinical Hours, Monday - Thursday, 8a - 5p, Friday 8a-2p
*Caseload: 12-16 patients/day
*Additional Expectations: Clinical Case Reviews & Psychiatric Grand Rounds
*Hospital has Medical Students, Residents, & Advanced Practice trainees. Staff are eligible for clinical Adjunct Faculty Status
* Requires Board Certification, Clean DEA/Malpractice/NPDB, ability to attain OH license & DEA
*Compensation:
- Option #1: Base salary of $255,580 (50%tile MGMA for those just completing training) with additional compensation for experience, guaranteed for 2 years. Can be switched to wRVU production contract when exceeding target.
- Option #2: Base salary of $303,500 (75%tile MGM) guaranteed for one year and then switched to a wRVU production contract
*5% less for those not yet boarded, salary adjusted accordingly upon board certification
*2-year contract also includes:
- 4 Weeks vacation + holidays/sickdays (29PTO days). Additional 5 days when producing 75%tile wRVUs
- CME/Books & Journals: 5 days PTO and up to $5000
- Deferred Compensation: 457b plan; defer compensation up to IRS limit of $20,500/year before taxes. No Matching.
- Retirement Savings Plan: 403b plan. Defer compensation up to *RS limit of $20,500/year before taxes under age 50 & $25,000 for over 50. SOMC matches dollar for dollar up to 2% of base pay.
- $10,000 Moving Expenses paid to moving company
- Malpractice Insurance Coverage: claims made insurance, in an amount of $1,000,000 per claim and $3,000,000 aggregate
- Health insurance: provider pays small premium, deducted from paycheck
- Liquidated Damages: 70 & 2 year non-compete clause or liquidated damages of one year salary
- Bonus Incentives: excellent bonus incentives up to 30% of salary
- Medical School Loan Repayment: repay up to $20,000 ($25,000 per year for each year of service commitment)
- 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)