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Internal Medicine Salary and Compensation Information

Hospitals and health systems generally pay internal medicine physicians a base salary based on their experience, education, and specialty. The exact compensation structure depends on a physician's employment arrangement and the organization they work for.

Depending on their patient volume and quality of care, they may also be eligible for productivity bonuses.

In addition to salary and benefits, physicians often receive additional benefits as part of their package. These may include health insurance, retirement plans, paid time off, and continuing education opportunities.

Note: Private practice internal medicine physicians may receive a different salary. Their compensation may consist of a percentage of the revenue generated by their practice. Or, they may receive a flat fee for each patient they see.

Internal Medicine Job Statistics

There are many factors that determine the compensation of internal medicine physicians, including geographic location, practice setting, and level of experience. These stats from the US Department of Labor give you a sense of what to expect during the job search process.

  • The mean hourly wage for internal medicine physicians is $116.44; The mean annual wage is $242,190.
  • General Internal Medicine Physicians earn the most in the following states (based on annual wage):
    • Alaska
    • Missouri ($340,150)
    • Oklahoma ($327,540)
    • Wisconsin ($314,820)
    • New Mexico ($314,760)
  • The following states have the highest employment level of internal medicine hospitalist jobs:
    • New York (10,190)
    • California (4,220)
    • Texas (3,410)
    • Florida (3,400)
    • Massachusetts (2,840)

Internal Medicine Physician Jobs Tailored to You

The PhysEmp team has helped hundreds of internal medicine physicians land their dream jobs. Top employers across the nation post IM hospitalist jobs on our job board.

We're committed to providing a user-friendly platform with up-to-date job postings and career resources customized to your needs. Our team is looking forward to supporting you on your medical career journey.

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Full Time Physician Internal Medicine Peoria, AZ

$260k yearly

2018547

9 months ago

Posted by: The Cigna Group

Employer: Evernorth Care Group

Job Description

MEDICAL DIRECTOR - North West Region (Sun City/Sun City West/Paseo/Arrowhead) SIGN ON BONUS!

This position combines clinical practice of primary care 40-60% with change agent/leadership duties 40-60%

The Medical Director will serve as the key medical administrator overseeing the clinical activities of Primary Care clinicians within the healthcare centers under their responsibility. This position will work in collaboration with operations partners to further the goals of the care group by acting as a change agent for practicing clinicians within the healthcare centers around the areas of quality, service, people, finance and growth.

In collaboration with operations partners, he/she leads the healthcare centers' teams of clinicians in the delivery of quality medical care and ensures positive customer experiences as a result of excellence in all daily operations. The Medical Director will report to the Chief Medical Officer and will work closely with matrix partners to advance the patient care delivery model at the healthcare center.

LEADERSHIP RESPONSIBILITIES

(in collaboration with dyad operations partners)

  • Leads primary care clinician engagement within the healthcare center and accountable region

  • Change agent for clinicians in clinical practice to achieve triple aim of better clinical outcomes, better patient experience and enhanced efficiencies.

  • Responsible for involving clinical teams to improve the individual experience of care for patients within the healthcare center and accountable region.

  • Have as direct reports the Supervising Clinicians at the facilities under his/her responsibility.

  • Ensures consistency of the practices and is accountable for quality of care/patient experience within his/her healthcare center and aligned region to align to the ENCG care delivery model as it evolves and changes.

  • Drives standardization and reduction of variability in workflow and across common clinical conditions. Supports efficiency and effectiveness efforts within the healthcare center and accountable region.

  • Ensures appropriate referral patterns within clinical practices in his/her healthcare center and accountable region.

  • Engages in clinical process improvement at healthcare center level and accountable region as rolled out across ENCG as best practices or new programs.

  • Manages the selection process, development, and performance of the physicians who report to him/her.

  • Implements programs and is responsible for utilization management outcomes within the healthcare center.

CLINICAL RESPONSIBILITIES

  • Provides primary care for ENCG patients deemed to fall within the scope of his/her specialty (Family Medicine or Internal Medicine.)

  • Diagnoses and treats patients for disorders on a general level without restriction to special systems or regions of the body: serves as the general practitioner to patients for general diagnostic and therapeutic medical care.

  • Coordinates care of patients using team model as established by ENCG: utilizes appropriate resources, programs and team members as ENCG care delivery model evolves

SCOPE

The Medical Director is the primary manager of the primary care clinicians within the healthcare center and accountable region. He/she has accountability for leading and engaging clinicians (working in conjunction with operations partners) to optimize the performance of individuals within the health care center. In collaboration with their operations counterparts are responsible for the financial performance of the practices they manage.

QUALIFICATIONS

  • This position requires that the incumbent be state licensed and board certified in Internal Medicine or Family Medicine

  • Current or recent leadership experience required

  • Current or recent patient care experience required

  • Achievements are largely dependent on successful interactions with operations dyad partner, clinicians within the healthcare center, and ENCG medical leadership partners.

  • Understanding of operational reports and metric data, and comprehension of how to communicate that data to clinicians for the purposes of understanding of targets, motivation and decision making.

  • Strong clinical fundamentals are a requirement. Individual will be accountable for communicating and driving change at the individual clinical practice level.

EDUCATION

  • Doctorate Degree in Medicine (MD or DO)

  • Current Board Certification (IM or FM)


If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

About The Cigna Group

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we're dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.


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