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Is this a good IM/Hospitalist contract?

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DoctaDude87

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This is a question for recent IM grads. going into a hospitalist gig. and current IM hospitalist.

Workplace: Indiana, Indianapolis
Position: Hospitalist/IM
Work Schedule 7 on/7 off, Average pt. load 17-18 pts, sometimes get 20 pts, have APPs help, covers tele. med. to county hospitals, has dedicated nocturnist (no need to cover shifts), have to two swing shifts (3pm-3am) 2-3x a year.
Base Salary: 250K, raises 5k every other year
Sign On:10 k per year signed
RVU: 1$ per RVU and increases by about 1.5$ per year maxed at 10yrs
Qual. Incentive: ~ 30k a year, obv. depends on various factors.

This is a contract for a recent IM residency grad. I've had colleagues, also right out of residency, get contracts similar to min. base salary start 310k. They cover ICU and do small procedure like CL placement. The hospital I mentioned above has an open ICU but we don't manage vents. I can do CLs and intubate, ALCS, etc...

Just wanted to get other people's opinion.

Thanks in advance! :D
 
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tantacles

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This is a question for recent IM grads. going into a hospitalist gig. and current IM hospitalist.

Workplace: Indiana, Indianapolis
Position: Hospitalist/IM
Work Schedule 7 on/7 off, Average pt. load 17-18 pts, sometimes get 20 pts, have APPs help, covers tele. med. to county hospitals, has dedicated nocturnist (no need to cover shifts), have to two swing shifts (3pm-3am) 2-3x a year.
Base Salary: 250K, raises 5k every other year
Sign On:10 k per year signed
RVU: 1$ per RVU and increases by about 1.5$ per year maxed at 10yrs
Qual. Incentive: ~ 30k a year, obv. depends on various factors.

This is a contract for a recent IM residency grad. I've had colleagues, also right out of residency, get contracts similar to min. base salary start 310k. They cover ICU and do small procedure like CL placement. The hospital I mentioned above has an open ICU but we don't manage vents. I can do CLs and intubate, ALCS, etc...

Just wanted to get other people's opinion.

Thanks in advance! :D

I don't love that patient load with only 250k, particularly in the midwest. I also don't like that your salary increase is only 2% per year every other year (so effectively 1% per year). This means that regardless of your experience, if you get saddled with low RVU times (like right now, for example, at my hospital), you lose a lot of your income. I would ask for at least a 5k raise per year, if not more. I would also ask for base salary of at least $270,000.

Remember: This is their initial offer that they're hoping you won't negotiate.
 
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deleted941485

This is a question for recent IM grads. going into a hospitalist gig. and current IM hospitalist.

Workplace: Indiana, Indianapolis
Position: Hospitalist/IM
Work Schedule 7 on/7 off, Average pt. load 17-18 pts, sometimes get 20 pts, have APPs help, covers tele. med. to county hospitals, has dedicated nocturnist (no need to cover shifts), have to two swing shifts (3pm-3am) 2-3x a year.
Base Salary: 250K, raises 5k every other year
Sign On:10 k per year signed
RVU: 1$ per RVU and increases by about 1.5$ per year maxed at 10yrs
Qual. Incentive: ~ 30k a year, obv. depends on various factors.

This is a contract for a recent IM residency grad. I've had colleagues, also right out of residency, get contracts similar to min. base salary start 310k. They cover ICU and do small procedure like CL placement. The hospital I mentioned above has an open ICU but we don't manage vents. I can do CLs and intubate, ALCS, etc...

Just wanted to get other people's opinion.

Thanks in advance! :D

You should be getting a 2% raise at year at minimum which is pretty much inflation.

Why they gave you a dollar amount is probably just to confuse people.
 
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