Realistic w-2 salary for non private practice job

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finalpsychyear

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Hi,

I just want input on realistic salary range for a hybrid CMHC system in midwest.

-Background is I had a 160/hr contractor rate last 3-4 years where I was sub 40 hrs/wk . Waited too long to ask for a raise which they gave at 180 but expect me to eventually be med dir with 4-5 nps under. I will also have to be w-2 once all this transitions but will keep the current new contractor rate as a w-2. For 40 hrs this comes out to 374k (180x40hr x 52wks) and adjusted less if i work sub 40. I've never had any benefits but something like 2% 403b match and 3% 401a on gross after a year for both, pto 3 wks maybe some cme and health ins for me and spouse which comes out to be 200/month vs 800 month i pay now since i have no bennies.

Any input if this is low or just average for a 40 hr tele/hybrid role as med dir with 4-5 nps. Thanks. I feel pressure to accept due to added job security with this role.
 
Hi,

I just want input on realistic salary range for a hybrid CMHC system in midwest.

-Background is I had a 160/hr contractor rate last 3-4 years where I was sub 40 hrs/wk . Waited too long to ask for a raise which they gave at 180 but expect me to eventually be med dir with 4-5 nps under. I will also have to be w-2 once all this transitions but will keep the current new contractor rate as a w-2. For 40 hrs this comes out to 374k (180x40hr x 52wks) and adjusted less if i work sub 40. I've never had any benefits but something like 2% 403b match and 3% 401a on gross after a year for both, pto 3 wks maybe some cme and health ins for me and spouse which comes out to be 200/month vs 800 month i pay now since i have no bennies.

Any input if this is low or just average for a 40 hr tele/hybrid role as med dir with 4-5 nps. Thanks. I feel pressure to accept due to added job security with this role.
Very bad job, I am a pgy-4 looking for jobs right now and very involved in the job search. I am currently being offered 175/hr pure telepsych seeing 2 patients per hour (easy low acuity patients) with 0 other responsibilities. This is in a very low cost of living area. If I had to supervise NPs I would be asking for at least 225/hr but I would never do it regardless.
 
is this a government run CHMC or privatized? It sounds like govt if you have a 403b, in which case I would want to know if you have sovereign immunity in your state. If you do, then I would not be so worried about liability for having NPs as you wouldn't be sued unless you were grossly negligent. You should receive a medical director stipend with significant time for administrative activities including the NP supervision. Disagree with above about pay being too low, 374k is exceptional compensation for a community psychiatry job as a W2 if that is indeed the case. Just make sure you have actual medical director responsibilities, commensurate admin time, and sovereign immunity.
 
Are you paid hourly for signing NP charts, daily case coordination time, weekly educational discussions, etc.? The average facility believes supervising a NP entails signing a couple charts per day and that’s it so almost uncompensated. That is MBA thinking, not maximizing quality care.

NP’s are like having a MS2 around. They need frequent assistance to be helpful and not detrimental. The hourly demands should be high, and you should be expected to be paid for that time. 4 NP’s would equal hours of non-patient care time weekly.
 
is this a government run CHMC or privatized? It sounds like govt if you have a 403b, in which case I would want to know if you have sovereign immunity in your state. If you do, then I would not be so worried about liability for having NPs as you wouldn't be sued unless you were grossly negligent. You should receive a medical director stipend with significant time for administrative activities including the NP supervision. Disagree with above about pay being too low, 374k is exceptional compensation for a community psychiatry job as a W2 if that is indeed the case. Just make sure you have actual medical director responsibilities, commensurate admin time, and sovereign immunity.

Not a gov't agency as far as I know. Also, How much admin time should i be getting out of the 40 hours? I would think at least 1 hr per day of admin time and 36 hrs of clinical? I worry that the 374 w-2 is only if i am at 40 hours since its prorated at 180/hr ( lose 9k every hour under 40) and there is no additional stipend for med director or its already included in that. Also, I only have to be in person 1x a month so maybe the convenience of that is factored in?

I have seen job offers from them at other branches only up to 155/hr w-2 just to put things in perspective.
 
Not a gov't agency as far as I know. Also, How much admin time should i be getting out of the 40 hours? I would think at least 1 hr per day of admin time and 36 hrs of clinical? I worry that the 374 w-2 is only if i am at 40 hours since its prorated at 180/hr ( lose 9k every hour under 40) and there is no additional stipend for med director or its already included in that. Also, I only have to be in person 1x a month so maybe the convenience of that is factored in?

I have seen job offers from them at other branches only up to 155/hr w-2 just to put things in perspective.

This is where you may hit a big snag. W2 jobs typically include admin time for refills, phone calls, etc. That doesn’t include NP supervision even. Factor in another 1 hour/day or more for multiple NP’s. Your role quickly becomes at least 25% admin time and it should be paid.
 
Not a gov't agency as far as I know. Also, How much admin time should i be getting out of the 40 hours? I would think at least 1 hr per day of admin time and 36 hrs of clinical? I worry that the 374 w-2 is only if i am at 40 hours since its prorated at 180/hr ( lose 9k every hour under 40) and there is no additional stipend for med director or its already included in that. Also, I only have to be in person 1x a month so maybe the convenience of that is factored in?

I have seen job offers from them at other branches only up to 155/hr w-2 just to put things in perspective.
155 per hour for a psychiatrist? How many patients per hour are you expected to see…
 
I get $220/hr for telepsych at an FQHC for half day a week. Although lower than my expert witness rate, I have been told that it is not bad for a clinical rate.
 
I get $220/hr for telepsych at an FQHC for half day a week. Although lower than my expert witness rate, I have been told that it is not bad for a clinical rate.
How many patients per hour? People keep throwing out numbers without any context, to compare meaningfully you need to know acuity and PPH otherwise it’s meaningless as 4 high acuity patients is not the same as 2 low acuity
 
Contact your local VA and compare and contrast.
 
1. 4-5 NPs? You want to know an exact number, in writing. I worked at a community health center last job, was told "around 3 NPs" to supervise and ended up being 5
2. Supervising 5 NPs sucks, realistically I couldnt fathom taking less than 25k a year per NP for supervision bonus. No matter how good or bad someone is the idea of being responsible for anyones actions is miserable and anxiety provoking. During my last job I had insomnia most nights from sheer anxiety. For 5 NPs I wouldnt take less than 125k bonus for supervisor role, and even then I still wouldnt do it again quite frankly, because it just isnt worth it to me.
3. Would also want a med director bonus and admin time
4. How many patients are you supposed to see? If you have a full load plus you're medical director and supervising 5 nps you know how busy you could end up being? That could go south real quick as far as quality of life at work
5. The PTO is weak

Personally I wouldnt do that job for 500k a year. Sounds harsh and others may disagree but im just running scenarios in my head of all the ways that job can go bad.

Also correct me if im wrong but theres a huge shortage in midwest, and ive seen quite a few high paying jobs out there with less potential headaches
 
I agree that the work described will end up being much more than 40 hrs per week if you're planning on doing 35 clinical hours per week. To actually supervise the NPs adequately (not just sign a chart) will take 1-3hrs per day depending on how good the NPs are. So there are 5-15 hours of work per week right there. Idk how much time would need to be dedicated to the director positions, but I can't imagine 5 hours a week being an unreasonable request. So there're 10-20 hours of admin/supervising work you'll be doing per week at a minimum in addition to whatever clinical work you'll have. I think the $374k salary would be reasonable at 20-25 clinical hours per week in addition to the other duties mentioned. Also, those benefits are also meh.
 
I agree that the work described will end up being much more than 40 hrs per week if you're planning on doing 35 clinical hours per week. To actually supervise the NPs adequately (not just sign a chart) will take 1-3hrs per day depending on how good the NPs are. So there are 5-15 hours of work per week right there. Idk how much time would need to be dedicated to the director positions, but I can't imagine 5 hours a week being an unreasonable request. So there're 10-20 hours of admin/supervising work you'll be doing per week at a minimum in addition to whatever clinical work you'll have. I think the $374k salary would be reasonable at 20-25 clinical hours per week in addition to the other duties mentioned. Also, those benefits are also meh.
I disagree, 10 hours to supervise 5 NPs is so much worse and stressful than seeing patients in that time, 5 NPs have patient load of over 1,000 patients..that’s insane liability..the money is just way too low for such a stressful and high liability position
 
I get $220/hr for telepsych at an FQHC for half day a week. Although lower than my expert witness rate, I have been told that it is not bad for a clinical rate.

1. 4-5 NPs? You want to know an exact number, in writing. I worked at a community health center last job, was told "around 3 NPs" to supervise and ended up being 5
2. Supervising 5 NPs sucks, realistically I couldnt fathom taking less than 25k a year per NP for supervision bonus. No matter how good or bad someone is the idea of being responsible for anyones actions is miserable and anxiety provoking. During my last job I had insomnia most nights from sheer anxiety. For 5 NPs I wouldnt take less than 125k bonus for supervisor role, and even then I still wouldnt do it again quite frankly, because it just isnt worth it to me.
3. Would also want a med director bonus and admin time
4. How many patients are you supposed to see? If you have a full load plus you're medical director and supervising 5 nps you know how busy you could end up being? That could go south real quick as far as quality of life at work
5. The PTO is weak

Personally I wouldnt do that job for 500k a year. Sounds harsh and others may disagree but im just running scenarios in my head of all the ways that job can go bad.

Also correct me if im wrong but theres a huge shortage in midwest, and ive seen quite a few high paying jobs out there with less potential headaches

Your right on a lot of points. The issue is I get to do this from home other than once/month in person. If i decline they'd likely have to get someone else which may impact job security. I also have a PP part time so this remote role allows me more time for that. Agreeing to this likely gives me 5-10 years of job security which i do worry about in the era of NP encroachment.
 
Your right on a lot of points. The issue is I get to do this from home other than once/month in person. If i decline they'd likely have to get someone else which may impact job security. I also have a PP part time so this remote role allows me more time for that. Agreeing to this likely gives me 5-10 years of job security which i do worry about in the era of NP encroachment.

I think we have a while before we have to worry about that. I said this in another thread but


1. Mental health/addiction is likely getting worse in this country rather than better, fueled by all the things happening
2. The demand is so high that even with independent NPs, most areas still have a big need
3. I have a decent number of patients that strictly prefer to see physicians
4. Even with all these telehealth startups like cerebral, those places typically take on the very mild zoloft/adderall refills, when it gets more complicated either they refer out or patient gets frustrated and wants a real practice

I dunno, at the very least I would ask for admin time, more PTO, an exact expectation of NPs/cap on it (in my prior state if you worked at a qualified center you could supervise 8 nps at once), and more money. I suspect this job doesnt have people lined up for it.
 
I think we have a while before we have to worry about that. I said this in another thread but


1. Mental health/addiction is likely getting worse in this country rather than better, fueled by all the things happening
2. The demand is so high that even with independent NPs, most areas still have a big need
3. I have a decent number of patients that strictly prefer to see physicians
4. Even with all these telehealth startups like cerebral, those places typically take on the very mild zoloft/adderall refills, when it gets more complicated either they refer out or patient gets frustrated and wants a real practice

I dunno, at the very least I would ask for admin time, more PTO, an exact expectation of NPs/cap on it (in my prior state if you worked at a qualified center you could supervise 8 nps at once), and more money. I suspect this job doesnt have people lined up for it.

Thanks. But ultimately i don't think anyone is getting much above 400k for a w2 job with a remote setup at a CMHC and i'd be at 375 roughly at 40 hrs. Probably ask for a raise in a year/two and be close to 400k. i think with the 401b and thats another 18k in benefits but maybe that is standard and shouldn't be counted.
 
is this a government run CHMC or privatized? It sounds like govt if you have a 403b, in which case I would want to know if you have sovereign immunity in your state. If you do, then I would not be so worried about liability for having NPs as you wouldn't be sued unless you were grossly negligent. You should receive a medical director stipend with significant time for administrative activities including the NP supervision. Disagree with above about pay being too low, 374k is exceptional compensation for a community psychiatry job as a W2 if that is indeed the case. Just make sure you have actual medical director responsibilities, commensurate admin time, and sovereign immunity.

Also as this poster noted. 375k (w2) for a CMHC is not low even if you have director and 4-5np under.
 
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Also as this poster noted. 375k for a CMHC is not low even if you have director and 4-5np under.

It is low for the responsibilities you will have. I get what you're saying, my counter is that even CMHCs are bringing in more money than you realize. I worked at the largest one in the state last year, and I know they were making a good deal of money because they get an absurd amount of grants. Also they usually have a huge patient volume on top of that, fueled by an army of NPs.

Ultimately the job is your decision, but when your name is attached to every benzo/stimulant rx that goes out from 5 NPs, that makes the process a lot less enjoyable. And if you say something about it, will they really back you? Hard to say. I know mine didnt, in fact they told me I had no say so in what NPs prescribed and I just had to basically agree. So I left.

Im hoping you make the best decision for you, im just giving you these negative points because if youre going to take a job with a lot of responsibiliy I would squeeze them as much as possible rather than letting them set the terms. My last place, the community health center, didn't even do a contract they just used the offer letters which was good and bad. Good because I could leave easy, but bad because they could just continuously do whatever they wanted and I had nothing to fall back on.
 
I disagree, 10 hours to supervise 5 NPs is so much worse and stressful than seeing patients in that time, 5 NPs have patient load of over 1,000 patients..that’s insane liability..the money is just way too low for such a stressful and high liability position
I agree, I was just calculating the additional time OP would likely need to put in on top of the 40 clinical hours for this job.

Agreeing to this likely gives me 5-10 years of job security which i do worry about in the era of NP encroachment.
You should not be worried about this at all. I get multiple job postings daily all over the country, there will be no issues with the demand for psychiatrists any time soon.

Also as this poster noted. 375k (w2) for a CMHC is not low even if you have director and 4-5np under.
It really is. 375k for CMHC plus med director would be great. Having to supervise a bunch of NPs as well while working 35+ clinical hours and being the director? That pay is...not good.

Thanks. But ultimately i don't think anyone is getting much above 400k for a w2 job with a remote setup at a CMHC and i'd be at 375 roughly at 40 hrs. Probably ask for a raise in a year/two and be close to 400k. i think with the 401b and thats another 18k in benefits but maybe that is standard and shouldn't be counted.
You need to stop thinking that this is going to be a 40hr/wk job. If you're the medical director with actual responsibilities AND doing 35-40 clinical hours AND supervising 5 NPs, it will be far more than that if you're doing any form of supervision other than just signing the NP charts without actually reading them. You need to sit down and actually calculate the time and what will be expected. Even if this is remote, you're almost certainly going to be doing a lot more than you think you are. Like AP said, I'd imagine this isn't a job most people are too interested in...
 
Your right on a lot of points. The issue is I get to do this from home other than once/month in person. If i decline they'd likely have to get someone else which may impact job security. I also have a PP part time so this remote role allows me more time for that. Agreeing to this likely gives me 5-10 years of job security which i do worry about in the era of NP encroachment.
You are doing 40 clinical hours for them, supervising 5 NPs and running your own PP? That's quite the level of grind. If you worked like 25 shifts/month in EM you'd have crushed it, although it sounds like you are doing just fine as is. There is a lot of liability here unless you have immunity, but if you can manage this all and provide good care to all your patients then you do you. I would personally prefer an IP role with the PP in the afternoons if you want to be working two jobs but CMHC need good docs as well.
 
It seems OP made up his mind and was seeking validation to take a ****ty job, sad situation to see someone get exploited but to each his own
 
I agree, I was just calculating the additional time OP would likely need to put in on top of the 40 clinical hours for this job.


You should not be worried about this at all. I get multiple job postings daily all over the country, there will be no issues with the demand for psychiatrists any time soon.


It really is. 375k for CMHC plus med director would be great. Having to supervise a bunch of NPs as well while working 35+ clinical hours and being the director? That pay is...not good.


You need to stop thinking that this is going to be a 40hr/wk job. If you're the medical director with actual responsibilities AND doing 35-40 clinical hours AND supervising 5 NPs, it will be far more than that if you're doing any form of supervision other than just signing the NP charts without actually reading them. You need to sit down and actually calculate the time and what will be expected. Even if this is remote, you're almost certainly going to be doing a lot more than you think you are. Like AP said, I'd imagine this isn't a job most people are too interested in...

Ok thanks. Ill push for admin time. maybe at least 4 hours a week out of the 40 hours for admin time if the salary is not going higher than 374. i agree that 40 hours of clinical time at that rate is a poor choice. To be be fair the lunch hour is included in the hours as well. So if i get 4 more hours this is likely 32 hrs clinical and 8 hours admin if lunch included for a total of 40 hrs.
 
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I agree, I was just calculating the additional time OP would likely need to put in on top of the 40 clinical hours for this job.


You should not be worried about this at all. I get multiple job postings daily all over the country, there will be no issues with the demand for psychiatrists any time soon.


It really is. 375k for CMHC plus med director would be great. Having to supervise a bunch of NPs as well while working 35+ clinical hours and being the director? That pay is...not good.


You need to stop thinking that this is going to be a 40hr/wk job. If you're the medical director with actual responsibilities AND doing 35-40 clinical hours AND supervising 5 NPs, it will be far more than that if you're doing any form of supervision other than just signing the NP charts without actually reading them. You need to sit down and actually calculate the time and what will be expected. Even if this is remote, you're almost certainly going to be doing a lot more than you think you are. Like AP said, I'd imagine this isn't a job most people are too interested in...
We also don’t know how many patients per hour he’s seeing, it might be 3 or 4 which would make this job horrific
 
Also as this poster noted. 375k (w2) for a CMHC is not low even if you have director and 4-5np under.

375k for 40 clinical hours (patient contact time) per week is pretty bad. 40 hours of patient contact time is more like 45-50 hours of work at least just from clinical work a week when you add in writing notes, calling people back, etc etc. Not to mention the NPs which the place probably just basically wants OP to be a chart signing monkey for....I'd get really specific as to what "supervision" of these NPs entails as all the others have noted above.
 
Also I would ask what the policy was on controlled substances, do you want your name attached to five providers writing controlled substances? My last job I inherited a bunch of people abusing meth/cocaine and also being prescribed ridiculous amounts of xanax/klonopin. This was at a community health center..
 
Why don't you guys get paid for the added value of supervising an NP, instead of an hourly rate for it?

If your signature is required for an NP, and each NP brings in another 200k/yr in gross, then shouldn't you profit just off your signature? Regardless of how many hours it takes you?
 
Why don't you guys get paid for the added value of supervising an NP, instead of an hourly rate for it?

If your signature is required for an NP, and each NP brings in another 200k/yr in gross, then shouldn't you profit just off your signature? Regardless of how many hours it takes you?
You’re using logic which is extremely rare these days, please stop doing that
 
Why don't you guys get paid for the added value of supervising an NP, instead of an hourly rate for it?

If your signature is required for an NP, and each NP brings in another 200k/yr in gross, then shouldn't you profit just off your signature? Regardless of how many hours it takes you?

Because most psychiatrists suck at business and are ok with being told what to do. And usually, in reality, most psychiatrists who agree to NP supervision don't care, and will sign off on whatever because they are willing to roll the dice and let their malpractice policy pick up the risk. Doctors are good at grinding away, seeing patient after patient, which is how we earn our income. If you think too much, it gets in the way of grinding.

BTW, it seems most posts that ask about whether a psych job is good or not... well, 90%+ of the time, the job sucks. These posts also give the impression that these posters don't talk to other colleagues about jobs/money. Because if they did, they wouldn't be asking SDN if such a sucky job is ok. It never ceases to amaze me when a psychiatrist can't speak to colleagues candidly about numbers/money, when our job is to ask people about way more difficult, personal topics.
 
Do your radiologist and pathologists pals feel that way about their techs?
The difference is that those techs do make the pathologists and radiologists tons of money because they make the things that those doctors review. Without radiology techs, who would be making the images?

Are you sure you don't mean pathology PAs? Because then then, they still do the annoying gross so that the pathologists can bill for all the extra stains.
 
The difference is that those techs do make the pathologists and radiologists tons of money because they make the things that those doctors review. Without radiology techs, who would be making the images?

Are you sure you don't mean pathology PAs? Because then then, they still do the annoying gross so that the pathologists can bill for all the extra stains.

I'm not a physician, so I'm speculating here.

Radiology techs, phlebotomists, PSG techs, etc do not have the ability to independently bill CMS. They do have CPT codes for performing the blood draws, making people sit still in the MRI, etc. These "get the sample" CPT codes are distinct from the physician's "interpret" CPT codes.
I'm guessing the tech CPT codes are billed as "incident to" or "technical component" or something similar (e.g., physicians who sign lab orders for "get your own labs" companies).

My point is that medicine already has a model to reimburse physicians for "We will pay you for your signature, because it is necessary for other people to work". I am perplexed as to why it's not the same for nurse practitioners.

Not that it really affects me. Just curious.
 
I'm not a physician, so I'm speculating here.

Radiology techs, phlebotomists, PSG techs, etc do not have the ability to independently bill CMS. They do have CPT codes for performing the blood draws, making people sit still in the MRI, etc. These "get the sample" CPT codes are distinct from the physician's "interpret" CPT codes.
I'm guessing the tech CPT codes are billed as "incident to" or "technical component" or something similar (e.g., physicians who sign lab orders for "get your own labs" companies).

My point is that medicine already has a model to reimburse physicians for "We will pay you for your signature, because it is necessary for other people to work". I am perplexed as to why it's not the same for nurse practitioners.

Not that it really affects me. Just curious.
The phlebotomist is not generally employed or even working with a pathologist unless the pathologist owns or is medical director of the lab. Here are some examples of how pathologists and radiologists are using techs and PAs.

1. Path techs cut up sections that have been initially processed by either the pathologist or the PA. They do all the legwork on turning a 1 cm cut into 100 slides for a microscope. Then they sort through these slides to see which ones are the highest quality or most representative. They then select ~10 of those to be seen by the pathologist. The pathologist bills for the review of those 10 slides. Then the pathologist decides which additional stains may be necessary and the tech performs those stains. The pathologist reviews them and bills for those slides as well. Without a tech a pathologist goes from reviewing several thousand slides in a week to several hundred. Clearly the pathologist makes way more money when the tech does that prep work.

2. For simple things like pap smears to detect cervical cancer, it's a similar setup. The OB, family med, or NP obtains the sample. That sample is sent to a lab where techs turn them into smears. Techs review thousands of smears. 90% are normal. The 10% that are abnormal are reviewed by a second tech. 10-100% of those are abnormal after second review. So the pathologist reviews ~1-10% of the total sample. Of those 1-10%, 1-10% of them are determined to require further workup. They communicate a report to the provider who obtained the sample. That provider then either does another test or refers the patient for surgical removal.

The removed cervix or uterus is sent to the path lab where the steps from 1 are repeated. In this way an entire city can be monitored by 2-3 pathologists specializing in cytopath.

3. Examples where the pathologist obtains the sample: bone marrow biopsy, kidney biopsy (frequently done by other doctors but in some systems this is the case). The pathologist obtains the sample, does a quick-and-dirty mounting of a section on a slide and reviews it briefly to make sure it's a good biopsy. Then that biopsy is sent to the lab for techs to prep many more slides and review them for the pathologist to review as in 1. This is much slower, since in the time it takes to obtain the biopsy and confirm it, the pathologist could have signed off on 50-100 slides.

In general, with pathology you know that 90-99% of samples will be completely normal and on average 1% or less will indicate something clinically actionable. So a pathologist really only needs to review 1-10% of them to still be doing overkill. The system is set up so that the ancillary providers will ensure the pathologist is making the best use of their time for the society.

For all the work that the techs do, yes that is all billed as having been done. The real money comes in from the pathologist reviews. Like 1000x more.

For a diagnostic radiologist: they're paid per imaging study. Without the tech, how is the radiologist going to review a thousand images a day? It takes 5 minutes or more to obtain a chest xray but around 10 seconds to review it. The tech obtains several images and determines which image is high quality enough to warrant a review by the rafiologist. The additional billing from the obtaining of the images is very minimal. Less than $5 usually. Reviewing it is many multiples of that. Clearly the tech makes mega bucks for the radiologist solely by obtaining the image, with the money billed for obtaining the image frequently not even covering the use of the machine or the cost of the tech.

Psychiatry is completely different. You can't look at a slide for 5-10 seconds and decide something as important as clinical changes in psychiatric treatment, dictate a report in 5-20 seconds that indicates this, and have the NP implement the change. NPs can't screen 100 people who present for an evaluation and determine that only 1% of them need psychiatric treatment, the other 99% can come back in 3-10 years for another exam. That would be absurd.
 
Also I would ask what the policy was on controlled substances, do you want your name attached to five providers writing controlled substances? My last job I inherited a bunch of people abusing meth/cocaine and also being prescribed ridiculous amounts of xanax/klonopin. This was at a community health center..
I am curious how a 180/hr 1099 compares to a 180/hr w2 ? Is it roughly equal to 200/hr 1099 given the medicare/ss tax savings plus if your getting 10-15k employer match for retirement and subsidized health ins?
 
I am curious how a 180/hr 1099 compares to a 180/hr w2 ? Is it roughly equal to 200/hr 1099 given the medicare/ss tax savings plus if your getting 10-15k employer match for retirement and subsidized health ins?

That’s not enough detail to compare. If you really need a good health insurance plan, a much lower paying W2 with benefits is superior. Government W2 can great pensions If you are a good saver, 1099 often has much better retirement options. 1099 pays an extra tax, but done correctly, 1099 has many more tax breaks that significantly counteracts that.
 
That’s not enough detail to compare. If you really need a good health insurance plan, a much lower paying W2 with benefits is superior. Government W2 can great pensions If you are a good saver, 1099 often has much better retirement options. 1099 pays an extra tax, but done correctly, 1099 has many more tax breaks that significantly counteracts that.

Ok thanks but at the very least 180/hr w2 is usually better than the same rate as a 1099 correct?
 
I should add i was able to negotiate 8 hours of admin time per week so out of the 40 hours only 32 is clinical but am paid for the full 40.

Right but is that including you "supervising" 4-5 NPs? Cause in that case they're still making a killing off you. That rate is 225/hr of patient contact time which is pretty good, not amazing but solid f it was just including direct patient care. Add on being responsible for 4-5 NPs and that's still way low. You'll make good money overall but also realize this facility is going to be saving another 750K+ annually (that's honestly probably lowballing it) by not having to hire psychiatrists for those roles.
 
Right but is that including you "supervising" 4-5 NPs? Cause in that case they're still making a killing off you. That rate is 225/hr of patient contact time which is pretty good, not amazing but solid f it was just including direct patient care. Add on being responsible for 4-5 NPs and that's still way low. You'll make good money overall but also realize this facility is going to be saving another 750K+ annually (that's honestly probably lowballing it) by not having to hire psychiatrists for those roles.

So i am understanding. There is 3 roles here that i am involved with:
1. Clinician
2. Med Director
3. NP supervisor

The pay rate is only acceptable for being a med director clinician but nothing more. For some reason these days I think being med director assumes you will be supervising 4-5 NPs. Is this not the case most places?
 
So i am understanding. There is 3 roles here that i am involved with:
1. Clinician
2. Med Director
3. NP supervisor

The pay rate is only acceptable for being a med director clinician but nothing more. For some reason these days I think being med director assumes you will be supervising 4-5 NPs. Is this not the case most places?

Med Director entails creating and maintaining policies, quality improvement, etc. NP supervision entails education, availability (even on vacation unless you have another psychiatrist also supervising), reviewing charts, liability, etc.
 
So i am understanding. There is 3 roles here that i am involved with:
1. Clinician
2. Med Director
3. NP supervisor

The pay rate is only acceptable for being a med director clinician but nothing more. For some reason these days I think being med director assumes you will be supervising 4-5 NPs. Is this not the case most places?
This is a better way to break it down and think about it. Quick breakdown with time and pay with some thoughts:

1. 180/hr as clinician at 32hrs/week x 52 weeks = $300k/yr for clinical responsibilities alone. Others can chime in, but this would be pretty solid for an outpatient CMHC if it's 30/60 for f/ups and new patients. Not good if it's 15 min f/ups but not unheard of for a CMHC at 32 hrs/wk.

This means you've got 8 hours of administrative time per week for your med director duties + NP supervision. So 1.6 hrs per day for med director duties AND supervising 4-5 NPs AND catching up on whatever clinical things you need to catch up on. Hard to say what you should be compensated for the director position without knowing hours working and responsibilities, I'll defer there to more experienced anyway. Even without that, you're looking at less than $15k/yr per NP you're supervising.

Realistically this sounds like at least a 50hr/wk job. Recalculate your 180/hr x 50 hrs x 52 weeks and it comes out to $468k + benefits (which back of the napkin is around an extra $20-25k). Break that down and that's $300k for clinical work, $25-50k for med director (complete guess), and then $128k-$143k for NP supervision (or $25k-$35k per NP), which imo is a much more reasonable request, especially with C&H's points of how much you're saving the facility.

I'd be curious to hear what others think of this breakdown and how fair they'd feel this would be.
 
This is a better way to break it down and think about it. Quick breakdown with time and pay with some thoughts:

1. 180/hr as clinician at 32hrs/week x 52 weeks = $300k/yr for clinical responsibilities alone. Others can chime in, but this would be pretty solid for an outpatient CMHC if it's 30/60 for f/ups and new patients. Not good if it's 15 min f/ups but not unheard of for a CMHC at 32 hrs/wk.

This means you've got 8 hours of administrative time per week for your med director duties + NP supervision. So 1.6 hrs per day for med director duties AND supervising 4-5 NPs AND catching up on whatever clinical things you need to catch up on. Hard to say what you should be compensated for the director position without knowing hours working and responsibilities, I'll defer there to more experienced anyway. Even without that, you're looking at less than $15k/yr per NP you're supervising.

Realistically this sounds like at least a 50hr/wk job. Recalculate your 180/hr x 50 hrs x 52 weeks and it comes out to $468k + benefits (which back of the napkin is around an extra $20-25k). Break that down and that's $300k for clinical work, $25-50k for med director (complete guess), and then $128k-$143k for NP supervision (or $25k-$35k per NP), which imo is a much more reasonable request, especially with C&H's points of how much you're saving the facility.

I'd be curious to hear what others think of this breakdown and how fair they'd feel this would be.

the visits are 30/60 for fu/np. Push is 20 min for simpler cases. Also note that this is mostly all remote work not sure if that matters for the rate. As a reminder, i find the work very manageable at 30ish hours as a contractor currently and even down time to work on some of my PP duties. I have also never seen any offer in my state that gets into the 400 range that wasn't a PP type of set up and you would not even start there at that pay. This is also midwest in geography and i am sure that south and west coast have much higher pay.
 
This is a better way to break it down and think about it. Quick breakdown with time and pay with some thoughts:

1. 180/hr as clinician at 32hrs/week x 52 weeks = $300k/yr for clinical responsibilities alone. Others can chime in, but this would be pretty solid for an outpatient CMHC if it's 30/60 for f/ups and new patients. Not good if it's 15 min f/ups but not unheard of for a CMHC at 32 hrs/wk.

This means you've got 8 hours of administrative time per week for your med director duties + NP supervision. So 1.6 hrs per day for med director duties AND supervising 4-5 NPs AND catching up on whatever clinical things you need to catch up on. Hard to say what you should be compensated for the director position without knowing hours working and responsibilities, I'll defer there to more experienced anyway. Even without that, you're looking at less than $15k/yr per NP you're supervising.

Realistically this sounds like at least a 50hr/wk job. Recalculate your 180/hr x 50 hrs x 52 weeks and it comes out to $468k + benefits (which back of the napkin is around an extra $20-25k). Break that down and that's $300k for clinical work, $25-50k for med director (complete guess), and then $128k-$143k for NP supervision (or $25k-$35k per NP), which imo is a much more reasonable request, especially with C&H's points of how much you're saving the facility.

I'd be curious to hear what others think of this breakdown and how fair they'd feel this would be.

Update: the NP supervision of 4-5 was dropped maybe 1 in the future.
The offer is still the same so maybe this is much more reasonable now.
 
Update: the NP supervision of 4-5 was dropped maybe 1 in the future.
The offer is still the same so maybe this is much more reasonable now.
I would ask for a clause for additional pay and time for that potential NP supervision in the future. Otherwise, you’ll be working hard and then they will want you to do extra work for no extra pay.
 
Update: the NP supervision of 4-5 was dropped maybe 1 in the future.
The offer is still the same so maybe this is much more reasonable now.

So $374k/yr for clinical duties (32-40 hours) + medical director without supervision? If so, sounds like a solid offer, congrats. Also a great example of fighting and getting your worth recognized. Hope this works out well for you!
 
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