Job ID: 11180

Practice Details

• Seeking a BE/BC Rheumatologist to join existing Rheumatologist due to strong growth.
• Join an established, collaborative and collegial Team
• Health System Employed Position
• EPIC Electronic Health Record

Position Qualifications

• Graduate of an accredited Rheumatology fellowship Program
• Board eligible or certified by an ABMS-approved specialty
• Ability to obtain State of Minnesota Medical Doctor or Doctor of Osteopathy license

Community Details

• Whether you are looking for a cosmopolitan urban or suburban neighborhood, Minneapolis is nationally recognized as an outstanding place to live.
  
  
• We have award-winning school systems, and an abundance of lakes and parks, affordable housing, and a variety of year-round activities.
  
  
• With the highest concentration of corporate headquarters in a major metro area and research institutions, the Twin Cities area has a cosmopolitan spirit, vibrant international community, and a broad range of cultural institutions.
  
  
• The population of the Greater MSP region (the 16-county Minneapolis-Saint Paul area) is well over 3.4 million and growing.
  
  
• With 22 lakes in the city limits alone, Minneapolis combines a lush green environment with cosmopolitan sophistication.
  
  
• Music, theater and world-class art, history and culture museums thrive here alongside abundant sports and recreation opportunities.

Compensation Details

• Patient Contact Hours:  36 hours per week (patient contact hours)
  
  
• Generous guaranteed salary:  $293,500

• Term:   For the first 2 years of employment, physicians will receive a base salary guarantee. Physicians who are on a base salary guarantee can continue on base salary for the guarantee period or request to enter the 2023 Production compensation program at any time.  During the guarantee period, Physicians will receive the greater of their guarantee or production compensation, which will be calculated at the conclusion of the plan year.
  
  
• Sign on bonus: Negotiable

• Comprehensive Benefits that include Health, Life, Disability, Dental, and Vision
  
  
• 401k Retirement Plan
  
  
• CME and Paid Professional Fees (medical staff dues, DEA, license fees)
  
  
• Vacation/CME days
  
  
• Relocation Assistance

Productivity Compensation:

Production compensation is determined by comparison to market survey data and is reviewed annually. 

• Production compensation is calculated by multiplying wRVUs by the current conversion factor:
  • wRVUs:  2023 CMS wRVU values

• For the Plan Year 2023, wRVUs will be tabulated based on Post Date.
  
  
• Compensation true-ups will occur semi-annually after 2nd and 4th quarters of 2023. At the conclusion of 2nd quarter, providers will have the option to elect a partial payout of 50% of production compensation earned in excess of draw, or have payment deferred until the end of the year. The 4th quarter payout will be the remaining balance (2023 production compensation earnings less draw, and less any 2nd quarter payout).
  
  
• Any year-end negative balances and repayment options will be handled on a case-by-case basis.

 Vacation and CME Days:

1. While on Salary Guarantee - Rheumatologists who are on salary guarantee receive six (6) weeks’ vacation as part of their compensation, prorated based on FTE and start date. In addition, Physicians are eligible for up to five (5) CME days.
2. While on Productivity - Rheumatologists who are on the production compensation program qualify for six (6) weeks of unpaid time away from work for a 1.0 FTE, prorated for FTE and start date. While this time is uncompensated, it is considered time scheduled off. In addition, Physicians who are on full production will receive wRVU credit for up to five (5) CME days.

For Physicians on Salary Guarantee and on Production, a “week” is equivalent to the same number of days scheduled to work each calendar week (e..=,g. 6 weeks x 4 shifts/week = 24 shifts/year).  There is no carryover of unused time from year to year and no payout at termination of employment or transition to production.

Holiday Pay:

1. While on Salary Guarantee - Rheumatologists who are on salary guarantee, receive six (6) paid holidays (New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas Day).  Holiday hours paid will be prorated based on FTE. 
2. While on Productivity - Rheumatologists who are on the production compensation program are not eligible for holiday pay.

 Provider Training/CME Funds:

Rheumatologists (0.5 FTE and above) are eligible for $4,000 annually to cover CME expenses.  The CME funds for physicians below a 0.5 FTE are prorated based on FTE. 

Benefits:

Comprehensive benefit package, including, select health insurance, dental insurance, vision insurance, life insurance, and disability insurance that best fit his/her needs. These benefits are effective starting the 1st of the month following hire date. Also, all providers (full-time, part-time, and casual part-time) may participate in retirement plans starting the 1st of the month following 30 days after his/her hire date.

Top Five Things to Do

1. FlyOver America - Amusement & Theme Park at Mall of America
2. Escape the Room - Escape games
3. Minnehaha Falls Regional Park is a must-visit natural wonder in Mississippi National River and Recreation Area. The park is home to a stunning 53-foot (16.15 meters) waterfall that cascades over layers of limestone and sandstone, creating a dramatic sight.
4. Segway Magical History Tour promises a tour of the historic neighborhoods of Minneapolis in a way that is both fun and educational. The entire tour takes place on Segways PTs which are two-wheeled vehicles on which you can balance. The tour covers the riverfront area of town, which has buildings dating back further than 10,000 BCE.
5. Minneapolis Chain of Lakes Regional Park
   The most popular destination in the Minneapolis park system and a district of the Grand Rounds National Scenic Byway.