Benefits and Resources
Community
Compensation/Benefits
Compensation and benefits for community-based physicians are determined by the community practice employing the physician.
Physicians should refer to their contracts with individual practices for information regarding their compensation model. Community-based physicians may be eligible for leadership stipends depending on the nature of their leadership roles within the hospital and the needs of the facility.
Other Benefits
Benefits may include the following:
- Practice management assistance
- Practice recruitment support
- Relocation assistance
- Income guarantees
Hospital
Compensation
Compensation models for employed physicians may vary between member hospitals and by specialty. In addition to base salary, some incentive models based on productivity, quality, and patient satisfaction measures may be available. Compensation may be supplemented in cases where the physician takes on leadership roles (e.g., department chair, committees).
Benefits
University of Maryland Medical System hospitals each offer generous benefit packages to their employed physicians, which may include, but not be limited to, the following:
- Dental insurance
- Health insurance
- Vision coverage
- Retirement 401(k)/403(b)
- Disability/Workers' compensation
- Life insurance
- Malpractice coverage/tail insurance
- Continuing medical education
- Professional dues/licenses
- Holidays/paid time off
- Educational loan forgiveness
Other Benefits
Regardless of the model of employment the following additional benefits may be available to affiliated or employed physicians:
- Practice management assistance
- Practice recruitment support
- Relocation assistance
- Income guarantees
Academic
Physicians with full faculty appointments by the University of Maryland School of Medicine may be available in both academic and community settings. The benefits for these physicians are determined by the School of Medicine. Learn more information at UM School of Medicine.
Volunteer clinical faculty appointments may also be available for employed or community-based physicians. Physicians in this designation would be eligible for benefits of these respective designations.
