Ohio Interventional Cardiology Opportunity – Great Compensation & Loan Repayment!!
Opportunity: Hospital employed opportunity with Heart & Vascular Group.
Cath Lab: 3 cath labs and 1 hybrid room - CV OR #3. Open Heart Surgery on site.
Current On-Call Schedule: 1:3 call shared equally. Evening call starts at 5pm and goes until 8am the next day. 8am to 5pm, whichever physician is assigned to the inpatients is on call.
Cardiac Laboratory: Number of Testing Rooms: 12. Daily Number of Noninvasive Cardiac Testing Cases:
- Echocardiograms: 15-18
- Dobutamine Stress Echo’s: 1-3
- Regular Stress Tests: 1-3
- Stress Echo: 1-3
- Cardiolite’s (Nuclear): 10-15
Monthly Number of Invasive/Interventional Cases:
- Cardiac Catheterizations: 130
- PCI’s/Coronary Angioplasty: 40
- Open Heart Surgery: 10
- Transesophageal Echo Cardiograms (3D): 20
The Cardiac Lab sees approximately 1300 patients per month.
COMPENSATION:
Salary Range:
- Option #1: Base salary of $514,000 (for those just completing training) with additional compensation for experience with a guaranteed salary for 2 years. Can be switched to a wRVU production contract when exceeding target. (5% less for those not yet boarded, switched when become boarded)
- Option #2: Base salary of $636,000 (75%tile) guaranteed for one year, then switched to production contract. (5% less for those not yet boarded, switched when become boarded)
Vacation: 4 weeks plus holidays/sick days (29 PTO days). Additional 5 days when producing 75%tile wRVUs.
CME/Books & Journals: 5 days and up to $5000.
Bonus Incentives: Excellent bonus incentives up to 30% of salary.
2 year contract also includes:
- Deferred compensation: 457b plan. Defer compensation up to IRS limit of $18,000 year before taxes. No matching.
- Retirement / Savings Plan: 403b plan. Defer compensation up to IRS limit of $18,000 year before taxes under age 50 and $24,000 for over age 50. Medical Center matches dollar for dollar up to 2% of base pay.
- Moving Expense: $10,000 paid to moving company.
- Malpractice Insurance Coverage: in a claims made insurance, in an amount of $1,000,000, per claim/$3,000,000, aggregate.
- Health Insurance: physician pays small premium, deducted from paycheck.
- Liquidated Damages: 70 mile and 2 year non-compete clause or liquidated damages of one year salary.
- Medical School Loan Repayment: repay up to $200,000 ($25,000 per year for each year of service commitment).
- Signing Bonus: 15% of base salary up to max of $50,000.
It is a family-oriented community with a service area of 120,000. Located along the Ohio River, the city offers services to southern Ohio and northern Kentucky. There are many cultural and recreational amenities: a local orchestra, museum, theaters, water sports, several challenging golf courses, and other outdoor activities. The city is less than 2 hours south of Columbus and less than 2 hours east of Cincinnati, with easy access to major metropolitan areas in the tri-state region.
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