paradigm1000 Posted October 6, 2014 Share Posted October 6, 2014 I am a recent new grad and was offered a full time position at a privately owned primary care practice. The practice has 20+ docs and 10+ PA's. The practice is growing and I wanted to know if this is a good offer. ~$35/hr 15 days off $1000 towards licensing, etc $2000 towards CME 75% coverage of health and dental insurance (I pay 25%) 1st year, required to take call once a month Productivity bonus every month (provider gets 10% after $70,000) Required to sign a 3 year contract I really don't have anything to compare it to so any opinions/advice would be great! Thanks Link to comment Share on other sites More sharing options...
SoCal_PA Posted October 6, 2014 Share Posted October 6, 2014 The productivity bonus is what's going to make or break this deal. I would talk to a few of the practicing PA's and see how much that usually accounts for Link to comment Share on other sites More sharing options...
paradigm1000 Posted October 6, 2014 Author Share Posted October 6, 2014 Thanks! I will do that. Link to comment Share on other sites More sharing options...
Simplify Posted October 8, 2014 Share Posted October 8, 2014 No. RNs and paramedics make 35 per hour. Not even in the ballpark... Link to comment Share on other sites More sharing options...
Moderator ventana Posted October 8, 2014 Moderator Share Posted October 8, 2014 first off - productivity bonus is total bull **** no way you are going to gross more then 70k/month in Primary care unless you are a crook - so no bonus for you second - hourly is about $10/hour low third - PTO is way low at 15 days - need 3 weeks min for vacation, 1-2 weeks for sick/personal, 12 holidays and 3 CME fourth - 3 yr contract - ahhh that is a deal breaker in it self - employment at will - you will likely want to leave in 1-2 years..... I would hand them a copy of the AAPA salary data (it is reliable no matter what they say) aim for about 60% percentile BUT the most important thing is rather they will mentor you? Link to comment Share on other sites More sharing options...
familygal Posted October 22, 2014 Share Posted October 22, 2014 DON'T SIGN A 3-YEAR CONTRACT!!! All of the above advice is good, I agree. You will never be able to gross $70,000 in a month in at least your first year or 3 years. And having a mentor is a must. Link to comment Share on other sites More sharing options...
Jengirl81 Posted October 23, 2014 Share Posted October 23, 2014 What is the average that you primary care guys and gals gross per month or per quarter? My bonus is going to be 25% of collections after overhead for fee-for-service patients and $50/patient/day for the Medicare capitated plans added to the gross collections. My goal will be to see 15-20 patients a day with a mix of plans. (I have 5 years experience in FP, just need to get up to speed with eclinicalworks)- I've been out of FP for 2 years. Link to comment Share on other sites More sharing options...
familygal Posted October 23, 2014 Share Posted October 23, 2014 I gross around $30,000/month in FP, seeing 14-16 Pt per day on average. Our payors are 40% medicare, mostly the rest is private insurance, some cash pay and we don't take Medicaid. I have been doing FP for the past year. Also use eCW and I believe it slows me down. Link to comment Share on other sites More sharing options...
familygal Posted October 23, 2014 Share Posted October 23, 2014 Oh yeah, and I only have clinic 4 days per week. Link to comment Share on other sites More sharing options...
t_pac Posted November 10, 2014 Share Posted November 10, 2014 I agree with the above. What is in there regarding potential salary increases for your hourly rate (aside from bonuses). $35 seems low. Especially, since you're signing on for three years. Also, whats up with your vacation time / sick time / holidays? Is the 15 days inclusive of all this? Mentoring is pivotal for many new graduates. Look into what kind of support they are offering -- if this is important to you. Link to comment Share on other sites More sharing options...
gbrothers98 Posted November 10, 2014 Share Posted November 10, 2014 Dont sign a 3 year contract. This is called indentured servitude in prior centuries. Likely in this privately owned practice, this type of model is used by business savvy (I would question their ethics) owners to extend their patient volume into the community. Volume is the only way to make the money and that means overhead needs lowering. You are the overhead. I doubt you will get much support nor mentoring in this environment. Good luck. G Brothers PA-C Link to comment Share on other sites More sharing options...
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