Royal Oak Health Group
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Healthcare employer in Southern Ohio seeks to hire a BC/BE Interventional Cardiologist to join the practice. This is an employed opportunity with heart group. Open Heart Surgery on-site. Work schedule Monday - Thursday 8:00a - 5:00p / Friday 8:00a - 12:00.


Option #1: Base salary of $677,461 (50%tile MGMA for those just completing training) with additional compensation

for experience, guaranteed for 2 years. Can be switched to a wRVU production contract when exceeding target.

Option #2: Base salary of $841,224 (75%tile MGMA) guaranteed for one year and then switched to a wRVU

production contract.

* 5% less for those not yet boarded, salary adjusted accordingly upon board certification

2-year contract also includes:

Vacation: 29 PTO (paid time off) days. Additional 5 days PTO when producing 75%tile wRVUs.

CME/Books & Journals: 5 days PTO and up to $5000

Deferred compensation: 457b plan. Defer compensation up to IRS limit of $22,500 year before taxes. No matching.

Retirement / Savings Plan: 403b plan. Defer compensation up to IRS limit of $22,500 year before taxes under age 50 and

$26,000 for over age 50. SOMC 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 $2,000,000, per claim/$6,000,000, 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

CERP (Pay for Call) Program: Explained by VP of Finance

Bonus Incentives: excellent bonus incentives up to 10% of salary

Medical School Loan Repayment: repay up to $200,000 ($25,000 per year for each year of service commitment)

Residency Stipend: up to $25,000 (requires up to 2 year service commitment)

Sign on Bonus: 15% of base salary up to $100,000 (paid when contract signed and forgiven over 2-4 years)

. Signing bonus. Repay medical school loan up to $200K. H1B Visa candidates invited to apply. No J1's please.
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