The following table summarizes our personnel expenditures for the first three years, with 3 percent compensation increases and 20 percent benefits. These figures are solely for the office/clerical staff.
The medical professionals will be compensated as follows:
The provider contract is currently being developed but in essence these are the stipulations. The physician will be compensated on a 80:17 productivity basis with 3% going to a "cash pool." The physician will be compensated 17% and be eligible to receive the additional 3%, if the quarterly chart audit shows a 90% accuracy achieved in the coding process.
$33,276 wage for physician coverage. The coverage will be contracted to Scott & White or Darnell Medical Residents.