Summit Recruiting Group LLC
Nephrology Physician
Summit Recruiting Group LLC, Lebanon, Pennsylvania, United States, 17042
Nephrology Physician opening 2 hours from Philly, NYC, and DC Practice Overview: An independent, multi-specialty practice located in Lebanon, PA, with over 100 employees, including 10 MDs, 4 APPs, 3 NPs, Physical Therapists, and administrative staff. Specialties encompass Internal Medicine Primary Care, Rheumatology and Osteoporosis, Nephrology, and Endocrinology. About the Practice: - Hospital, a 170-bed acute care facility, located 2 miles from the practice.- Equipped with private physician offices, 30 exam rooms, onsite lab, onsite X-ray, DXA (Bone Density), EMG, physician therapy, infusion center, fracture liaison services, and medical records facilities.- Satellite offices in Hershey (16 miles) and Lititz (14 miles), with DaVita sites in Lebanon. Nephrology services are currently exclusive to the Lebanon location, with potential expansion to Hershey.- The nephrology physician will be responsible for maintaining and expanding a full-scope nephrology practice, encompassing outpatient and inpatient duties, along with Medical Directorship at 1 DaVita site. Schedule: - Clinic hours: Monday through Friday, 7 am to 5 pm, with physicians having a 4.5-day week.- Flexible start times for physicians.- One week per month spent at the DaVita site, with no outpatient responsibilities but hospital rounding/consults. Volume: - Clinic: Half-day, around 10-12 patients.- Hospital volume varies, averaging 7-10 patients per day, primarily consult service (98%, not admissions). Referrals: - In-house internists and referrals from Good Samaritan, leading to permanent patient switches to LIMA. Call Schedule: - 1:2 weeknights and 1:3 weekend call, shared with Dr. Siddiqui and the Nurse Practitioner. Minimal call volume. Payor Mix: - 60% Government Subsidy (Medicare)/40% Private Insurance. Candidate Parameters: - MD/DO- AMG/FMG- BC Internal Medicine, BC/BE Nephrology- No visa sponsorship available. Compensation: - Base Compensation: $235K max annual salary before partnership.- 1st Year: Higher of base pay or 65% as if a partner.- 2nd Year: Higher of base pay or 85% if a partner.- Productivity Bonus upon partnership: Base drops to $185,000 with an annual bonus of $40,000-$60,000. DaVita Compensation: - $16,000/month, contributing to "collections total" each month, not shared with the other providers. Overhead: - Determined by productivity, averaging 48%-50%. Collections: - 60-65% of billables within 90 days, average collection rate at 20 days. Practice target is $63,000/day. Benefists: - 2-year track, with partnership offered at the beginning of Year 3. Opportunity for building buy-in at Year 5, around $60,000-$75,000 (depending on Accounts Receivable status).- Relocation offered. Sign-on bonus of $30K from Wellspan Hospital, requiring a 5-year commitment or percentage payback. Relocation: $3,000.- Occurrence-based.- Provided 401K with market match, average 8-12%.- 12 days PTO, 8.5 paid holidays (increases to 18 days at partnership).- 2 weeks per year plus $3,000.- ST/LT Disability, Auto/gas card and insurance, Health insurance for the physician and family, cell phone, pension, can meet with the bank to waive down payments on homes.