Rheumatology position located minutes to Minneapolis

Physician: Rheumatology
Market: Metropolitan 1 (50,000 to 250,000)
Job ID:11180
Verified Date:09/18/2023
Loan Repayment:No Response
Sign on Bonus:No Response
Practice Type: Employed
Accept J1 Visa:No
Accept H1b Visa:No
Permanent: Full time Rheumatology

What you need to know:

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

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.

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.

Recruiter Insights

Compensation: The Starting Salary Is $25,000 To $50,000 More Compared To Starting Salaries In Minneapolis. Coupled With A Cost Of Living Of 20% Lower Than The Aforementioned Metropolitan Areas, Provides Significant Purchasing Power To Build Their Dream Home, Payoff School Loans And Retire Early. 

The Housing Market: 4 bd 3 ba 2,016 sqft
An amazing opportunity to own a new home in a great Robbinsdale neighborhood! This two story has it all. The kitchen boasts custom cabinets, granite counters, large center island, tile backsplash and full appliance package. Also on the main level is the 4th BR (or home office?), large living room flooded with natural light, and 3/4 bath. Upper level has 3 large bedrooms, upper level laundry and bright master suite with large bathroom including a double vanity and a tiled shower surround. The full basement has been thoughtfully designed for a future fully functional separated living space with legal bedroom, full kitchen, bathroom and laundry. This home can be yours for $500,000.

The Community: 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.

The Employer: A comprehensive health care system that serves the north, central, and west communities in the Twin Cities metro area. But our reach extends far beyond these neighborhoods. Through our two hospitals and a metro-wide network of primary, specialty and urgent care clinics; outpatient centers; medical transportation; and community outreach, we are a regional leader in advanced medical care.

Our two-hospital system draws referrals from Minnesota, parts of Wisconsin, Iowa, and the Dakotas. We utilize EPIC for our healthcare records.

Community Profile What is nice to know.

Closest International Airports:

  • 20 miles: Minneapolis, MN (MSP / KMSP) Minneapolis-Saint Paul International Airport
  • 159 miles: Duluth, MN (DLH / KDLH) Duluth International Airport
  • 231 miles: Fargo, ND (FAR / KFAR) Hector International Airport
  • 261 miles: Des Moines, IA (DSM / KDSM) Des Moines International Airport

Closest Major City:

  • 5 miles to Minneapolis, MN
  • 13 miles to Saint Paul, MN
  • 235 miles to Madison, WI
  • 290 miles to Omaha, NE
  • 299 miles to Milwaukee, WI

Closest Domestic Airport:

  • 20 miles: Minneapolis, MN (MSP / KMSP) Minneapolis-Saint Paul International Airport
  • 55 miles: Saint Cloud, MN (STC / KSTC) St. Cloud Regional Airport
  • 104 miles: Eau Claire, WI (EAU / KEAU) Chippewa Valley Regional Airport
  • 106 miles: Rochester, MN (RST / KRST) Rochester International Airport

Cost of Living:

  • Mean Housing Cost - $369,949
  • City Cost of Living Index - 112.1 (more than average, U.S. average is 100)
  • State Cost of Living Index - 100

Colleges and Universities:

  • Minneapolis Community and Technical College (about 5 miles; Minneapolis, MN; Full-time enrollment: 6,726)
  • Walden University (about 5 miles; Minneapolis, MN; FT enrollment: 62,473)
  • Capella University (about 5 miles; Minneapolis, MN; FT enrollment: 21,718)
  • Hennepin Technical College (about 6 miles; Brooklyn Park, MN; FT enrollment: 4,515)
  • North Hennepin Community College (about 6 miles; Brooklyn Park, MN; FT enrollment: 4,943)

 

Demographics:

  • White 68.3%
  • Hispanic 10.9%
  • Black 10.8%
  • Two or more races 6.2%
  • Asian 3.2%
  • Other race 0.9%
  • American Indian 0.1%



Taxes:

  • State Income Tax Rate - 5.35% - 9.85%
  • State Sales Tax Rate - 6.88%
  • County Tax Rate - 6.88% + 0.33%
  • Property Tax Rate - 1.05%

Major Industry:

  • Health care (11.0%)
  • Finance & insurance (8.1%)
  • Educational services (7.7%)
  • Professional, scientific, technical services (6.8%)
  • Construction (5.4%)
  • Accommodation & food services (5.0%)
  • Administrative & support & waste management services (3.6%)

 

Recreation:

  • A variety of recreational programs for all ages to meet their physical, emotional, social and educational needs.
  • fourteen parks totaling 110 acres
  • As a partner of Active Living Hennepin County, the City of Robbinsdale also strives to provide opportunities for individuals to be active in their daily lives which can improve health and quality of life. This includes designing places and programs to provide everyone with safe, convenient and affordable physical opportunities.
  • Our facilities include parks with a variety of amenities, various trails and the Robbinsdale Community Gyms and Fitness Center (RCGFC) located within the Robbinsdale Middle School Building.

 

Arts & Culture:

  • Music, theater and world-class art, history and culture museums thrive here.

Sports for the Spectator:

  • Sports in Minnesota include professional teams in all major sports, Olympic Games contenders and medalists, especially in the Winter Olympics, collegiate teams in major and small-school conferences and associations and active amateur teams and individual sports.
  • The State of Minnesota has a team in all five major professional leagues (Major League Baseball, National Football League, National Basketball Association, National Hockey League and Major League Soccer).
  • Along with professional sports, there are numerous collegiate teams including the University of Minnesota Golden Gophers and St. Thomas Tommies in NCAA Division I, as well as many others across the Minnesota public and private colleges and universities.

Sports for the Participant:

  • Abundant sports and recreation opportunities.
  • The Robbinsdale Community Gym and Fitness Center (RCGFG) is located at the Robbinsdale Middle School Building, 3730 Toledo Avenue North. Entrance (door #18) faces east and is located on the Regent Avenue side of the building, near the synthetic sports field. RCGFC consists of 2 gymnasiums and a fitness center that was remodeled in 2017.

 

Shopping:

  • Mall of America -  this mall is touted to be one of the country's largest, boasting a sleek, well laid-out architectural style. Complete with retail outlets, dining establishments and amusement and theme parks like the Nickelodeon Universe (one of the largest indoor theme parks in the country), this sprawling mall is home to an arsenal of entertainment-filled attractions, including 400 specialty stores, major department stores, Legoland, a flight simulation center, a movie theater, and the Sea Life Aquarium, among others. More than 50 dining options
  • Minnesota Makers - Specialty gifts
  • Spring Gate Shopping Center - Shopping Center & Mall
  • The Shops at West End is a market place, known for its exciting mix of shopping outlets, eateries and entertainment venues. The market has a number of boutiques of both, local as well as international; a variety of restaurants and bars and movie theaters.

 

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.