Pain Management Position located in Toledo, Ohio with income potential of $800,000 and track to partnership

Physician:
Anesthesiology: Pain, Pain Management Specialist
Market:

Job Overview

Job Id 11175
Verified Date 10/14/2023
Loan Repayment No Response
Sign on Bonus No Response
Practice Type
Accept J1 Visa Yes
Accept H1B Visa No

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Practice Details

Job ID: 11175

Practice Details

  • Seeking a physician fellowship trained in pain medicine, PM&R, board certified in anesthesia.
  • The qualified individual would be providing pain care with an emphasis on all advanced interventional modalities treating chronic pain.
  • Coverage includes private practice and ambulatory surgery sites in addition to hospital locations. Our practice currently consists of 13 physicians and 4 cnps with planned additional growth. Our facilities have state of the art equipment and physical therapy.
  • This practice is located in and around Toledo, OH which offers cultural diversity, excellent schools and neighborhoods along with a centrally located large international university.
  • No nights or weekends 
  • Procedures performed at clinic, including:
    • Trigger Point Injections
    • Intra-articular Injections
    • Epidural Injections
    • Neurolytic Injections
    • Paravertebral Nerve Blocks
    • Facet Joint Injection
    • Provocative Discography
    • Sympathetic Nerve Blocks
    • Celiac and Splanchnic Nerve Blocks
    • Superior Hypogastric Nerve Block
    • Stellate Ganglion Nerve Block
    • Sacroiliac Joint Injection
    • Intercostal Nerve Blocks
    • Peripheral Nerve Blocks
    • Medial Branch Blocks
    • Radiofrequency ablations
    • Epidural and intrathecal drug infusion system implants
    • Spinal Cord Stimulator trials and permanent implants
    • Epidural Blood Patch
    • MILD
    • Kyphoplasty
    • Interspinous Spacer (Vertiflex)
    • Arthrodesis
    • Endoscopic decompression lumbar
    • Sacroiliac Joint Fusion
    • Basivertebral Nerve Radiofrequency Ablation (intracept procedure)
    • Implantable Neurostimulation (Reactiv8)

Community Details

  • The city has long been known for its auto manufacturing and glass industry. But it has a growing reputation as a great place to start a career and make a home.
  • Toledo is home to the famous Mud Hens baseball team, Jeep headquarters and the world-renowned Toledo Museum of Art.
  • Get out and explore the No. 1 Park System in the Country! Metroparks Toledo has 19 parks in the greater Toledo area to enjoy. From nature walks to mountain biking, playgrounds to sledding each metropark offers something different to match your adventure needs
  • The Toledo Zoo is home to more than 10,000 individual animals representing over 720 species. In an effort to save endangered wildlife the Toledo Zoo participates in more than 80 Species Survival Plans that ensure healthy, genetically diverse Zoo populations

Compensation Details

  • Employment Agreement with three-year initial term with automatic renewal. Standard language regarding performance, termination with or without cause, non-competition and/or lost profit amount determination
  • Compensation structure flexible

Option 1: 100% productivity model –   Employee receives 100% of net profit after practice and personally identified expenses (same compensation model as Partners)

  • $22,000 monthly advance on earnings, then adjusted monthly draws based on productivity to maximum $35,000 per month. Quarterly productivity bonus. Flexible PTO

Option 2: Guaranteed base salary model “A”

  • $340,000 base salary year one, 85% productivity bonus
  • $380,000 base salary year two provided qualified for bonus in year one, 85% productivity bonus

Option 3:  Guaranteed base salary model “B”

  • $380,000 base salary year one, 55% productivity bonus
  • $420,000 base salary year two with 85% productivity bonus providing qualified for bonus in year one
  • Year three and subsequent years compensation based on productivity model with 85% productivity bonus above monthly draw of $35,000. 

Standard benefit package consistent with other Physician Employees or Partners including but not limited to: 

  • Medical malpractice insurance
  • Short- and long-term disability 
  • Health insurance
  • Dental insurance
  • Annual CME stipend: $4,000 per year subject to Manager approval
  • Participation in 401(k) retirement plan beginning on the date of employment
  • Twenty (20) days Paid Time Off (PTO). Additional time off may be granted by the Medical Director. Additional PTO available in any subsequent term year providing productive benchmarks are met.

Partnership Track:

  • Partnership opportunity may be offered anytime, though generally requires Board Certification in your primary specialty along with certification in Pain Medicine.
  • Partnership provides highest income potential including 100% of net productivity along with more flexible PTO and potential for equity investment in certain related entity business ventures (such investment is not required). 
  • Ownership interest in ASC available at fair market value six months after employment commencement date providing Employee meets Stark Safe Harbor requirements. Partnership not required for ASC ownership.

Top Five Things to Do

  1. Toledo Museum of Art
  2. Toledo Zoo
  3. Cedar Point is more than roller coasters. It’s more than thrill rides. It’s more than the mile-long sandy beach where our rich history began. Cedar Point is where moments, memories and connections are made. These connections last for generations and are built on tradition – traditions that began more than 150 years ago.
  4. Toledo Botantical Garden
  5. Hollywood Casino Toledo

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Facility Location

City : Toledo, Ohio,
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Contact Information

Todd skertich
Managing Partner
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