Compensation question.

[DeezNutz13]

sorry for another compensation scenario but here we go.

I just joined a practice and am trying to estimate future compensation as I need to figure out how much house i can afford.

Compensation model
50k sign-on, 50k student loan payment.
1st year 457k guaranteed. 4 day work week.
2nd year on = all productivity. they pay 95% per median wRVU for the year (Sullivan cotter median was $97 for 2020 i think) up to 65th percentile of wRVUs output (5300wrvu for 2020, i think) then 100% per wrvu thereafter. Also a 10% of median heme onc salary for the region (west coast) bonus annually for quality charting/meaningful use.

So assuming im seeing 16pts per day 2 of which are new consults x 4 clinic days. Based on 2021 wrvu billing im assuming thats like roughly 500 wrvu per month x 11 months ( 4 weeks of vacay). 5500 wrvu per year x 91$ = 500k annually + my bonus.

Am i doing this right?
Does anyone know what Sullivan cotter wrvu median CF is for 2021?

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[gutonc]

Seems more or less correct.

 

[DeezNutz13]

appreciate the response.

After talking to compensation person for the hosp for 2021 65th percentile of wrvu is 5343 and the median wrvu is $99.83. Data Sullivan Cotter.

Sharing because data isn't readily available online.

 

[sallyhasanidea]

sorry for another compensation scenario but here we go.

I just joined a practice and am trying to estimate future compensation as I need to figure out how much house i can afford.

Compensation model
50k sign-on, 50k student loan payment.
1st year 457k guaranteed. 4 day work week.
2nd year on = all productivity. they pay 95% per median wRVU for the year (Sullivan cotter median was $97 for 2020 i think) up to 65th percentile of wRVUs output (5300wrvu for 2020, i think) then 100% per wrvu thereafter. Also a 10% of median heme onc salary for the region (west coast) bonus annually for quality charting/meaningful use.

So assuming im seeing 16pts per day 2 of which are new consults x 4 clinic days. Based on 2021 wrvu billing im assuming thats like roughly 500 wrvu per month x 11 months ( 4 weeks of vacay). 5500 wrvu per year x 91$ = 500k annually + my bonus.

Am i doing this right?
Does anyone know what Sullivan cotter wrvu median CF is for 2021?

what region of the country? How much does partner make? How many years to partner?

 

[DeezNutz13]

northwest. It's a regional healthcare network so there are no partners.