Pain Management Position located in Toledo, Ohio with income potential of $800,000 and track to partnership

Physician: Anesthesiology: Pain
Market: Non-Metropolitan (Less than 50,000)
Job ID:13401
Verified Date:08/13/2024
Loan Repayment:No Response
Sign on Bonus:Yes
Practice Type: Employed
Accept J1 Visa:No
Accept H1b Visa:No
Permanent: Full time Anesthesiology: Pain Pain Management Specialist

What you need to know:

Practice Details

  • Seeking a physician fellowship trained in pain medicine, PM&R, board certified in anesthesia.
  • The qualified individual would be providing pain care with an emphasis on all advanced interventional modalities treating chronic pain.
  • Coverage includes private practice and ambulatory surgery sites in addition to hospital locations. Our practice currently consists of 13 physicians and 4 cnps with planned additional growth. Our facilities have state of the art equipment and physical therapy.
  • This practice is located in and around Toledo, OH which offers cultural diversity, excellent schools and neighborhoods along with a centrally located large international university.
  • No nights or weekends 
  • Procedures performed at clinic, including:
    • Trigger Point Injections
    • Intra-articular Injections
    • Epidural Injections
    • Neurolytic Injections
    • Paravertebral Nerve Blocks
    • Facet Joint Injection
    • Provocative Discography
    • Sympathetic Nerve Blocks
    • Celiac and Splanchnic Nerve Blocks
    • Superior Hypogastric Nerve Block
    • Stellate Ganglion Nerve Block
    • Sacroiliac Joint Injection
    • Intercostal Nerve Blocks
    • Peripheral Nerve Blocks
    • Medial Branch Blocks
    • Radiofrequency ablations
    • Epidural and intrathecal drug infusion system implants
    • Spinal Cord Stimulator trials and permanent implants
    • Epidural Blood Patch
    • MILD
    • Kyphoplasty
    • Interspinous Spacer (Vertiflex)
    • Arthrodesis
    • Endoscopic decompression lumbar
    • Sacroiliac Joint Fusion
    • Basivertebral Nerve Radiofrequency Ablation (intracept procedure)
    • Implantable Neurostimulation (Reactiv8)

Compensation Details

  • Employment Agreement with three-year initial term with automatic renewal. Standard language regarding performance, termination with or without cause, non-competition and/or lost profit amount determination
  • Compensation structure flexible

Option 1: 100% productivity model –   Employee receives 100% of net profit after practice and personally identified expenses (same compensation model as Partners)

  • $22,000 monthly advance on earnings, then adjusted monthly draws based on productivity to maximum $35,000 per month. Quarterly productivity bonus. Flexible PTO

Option 2: Guaranteed base salary model “A”

  • $340,000 base salary year one, 85% productivity bonus
  • $380,000 base salary year two provided qualified for bonus in year one, 85% productivity bonus

Option 3:  Guaranteed base salary model “B”

  • $380,000 base salary year one, 55% productivity bonus
  • $420,000 base salary year two with 85% productivity bonus providing qualified for bonus in year one
  • Year three and subsequent years compensation based on productivity model with 85% productivity bonus above monthly draw of $35,000. 

Standard benefit package consistent with other Physician Employees or Partners including but not limited to: 

  • Medical malpractice insurance
  • Short- and long-term disability 
  • Health insurance
  • Dental insurance
  • Annual CME stipend: $4,000 per year subject to Manager approval
  • Participation in 401(k) retirement plan beginning on the date of employment
  • Twenty (20) days Paid Time Off (PTO). Additional time off may be granted by the Medical Director. Additional PTO available in any subsequent term year providing productive benchmarks are met.

Partnership Track:

  • Partnership opportunity may be offered anytime, though generally requires Board Certification in your primary specialty along with certification in Pain Medicine.
  • Partnership provides highest income potential including 100% of net productivity along with more flexible PTO and potential for equity investment in certain related entity business ventures (such investment is not required). 
  • Ownership interest in ASC available at fair market value six months after employment commencement date providing Employee meets Stark Safe Harbor requirements. Partnership not required for ASC ownership.

Community Details

  • The city has long been known for its auto manufacturing and glass industry. But it has a growing reputation as a great place to start a career and make a home.
  • Toledo is home to the famous Mud Hens baseball team, Jeep headquarters and the world-renowned Toledo Museum of Art.
  • Get out and explore the No. 1 Park System in the Country! Metroparks Toledo has 19 parks in the greater Toledo area to enjoy. From nature walks to mountain biking, playgrounds to sledding each metropark offers something different to match your adventure needs
  • The Toledo Zoo is home to more than 10,000 individual animals representing over 720 species. In an effort to save endangered wildlife the Toledo Zoo participates in more than 80 Species Survival Plans that ensure healthy, genetically diverse Zoo populations

Recruiter Insights

The Housing Market. 3 bd 3 ba 2,100 sqft  New construction. 3 bedroom, 2.5 bath open concept ranch with 11' ceilings in main living area. Custom kitchen with large island, Quartz counter tops and GE Cafe appliances. Hardwood flooring. Spacious master, soaker tub, custom tile shower, large walk in closet. Full basement with rough plumbing for bath. 26' covered rear patio. Large corner lot. This home can be yours for $475,000.

The Community. Offers the attributes of a large city, with the charm and atmosphere of a small town. The area features an extensive metro-park system, a nationally recognized zoo, a world-renowned museum of art, community festivals, and excellent institutions of higher education including The University of Toledo, University of Michigan and Bowling Green State University. In addition, Toledo is located within a short drive of Detroit, Cleveland, Columbus, and Chicago.

In Toledo, you can have it all: a welcoming neighborhood, recreation and entertainment, and a vibrant medical community. 

The Employer. Coverage includes private practice and ambulatory surgery sites in addition to hospital locations. Our practice currently consists of 13 physicians and 4 cnps with planned additional growth. Our facilities have state of the art equipment and physical therapy. This practice is located in and around Toledo, OH which offers cultural diversity, excellent schools and neighborhoods along with a centrally located large international university.

 

Community Profile What is nice to know.

Closest International Airports:

  • 45 miles: Detroit, MI (DTW / KDTW) Detroit Metropolitan Wayne County Airport
  • 104 miles: Flint, MI (FNT / KFNT) Bishop International Airport
  • 107 miles: Cleveland, OH (CLE / KCLE) Cleveland Hopkins International Airport
  • 116 miles: Fort Wayne, IN (FWA / KFWA) Fort Wayne International Airport

Closest Major City:

  • 53 miles to Windsor, Canada
  • 53 miles to Detroit, MI
  • 92 miles to Fort Wayne, IN
  • 96 miles to Cleveland, OH
  • 111 miles to Akron, OH

Closest Domestic Airport:

  • 25 miles: Toledo, OH (TOL / KTOL) Toledo Express Airport
  • 45 miles: Detroit, MI (DTW / KDTW) Detroit Metropolitan Wayne County Airport
  • 67 miles: Windsor, Canada (YQG / CYQG) Windsor International Airport
  • 104 miles: Flint, MI (FNT / KFNT) Bishop International Airport
  • 107 miles: Cleveland, OH (CLE / KCLE) Cleveland Hopkins International Airport

Cost of Living:

  • Mean Housing Cost - $107,759
  • City Cost of Living Index - 92.0 (less than average, U.S. average is 100)
  • State Cost of Living Index - 82.7

 

Colleges and Universities:

  • University of Toledo (Full-time enrollment: 18,409; Location: 2801 W Bancroft; Public; Offers Doctor's degree) Mercy College of Ohio (Full-time enrollment: 891)
  • Herzing University-Toledo (Full-time enrollment: 288)
  • Davis College (Full-time enrollment: 264)
  • Toledo Public Schools Adult and Continuing Education (Full-time enrollment: 167)

 

Demographics:

  • White 57.4%
  • Black 27.6%
  • Hispanic 8.7%
  • Two or more races 4.4%
  • Asian 1.3
  • American Indian 0.3%
  • Other race 0.2%

 

Taxes:

  • State Income Tax Rate - 1.36%
  • State Sales Tax Rate - 5.75%
  • County Tax Rate - 1.35%%
  • Property Tax Rate - 1.36%

Major Industry:

  • Health care (15.0%)
  • Accommodation & food services (10.4%)
  • Educational services (7.6%)
  • Administrative & support & waste management services (5.0%)
  • Construction (4.4%)
  • Professional, scientific, technical services (3.8%)
  • Transportation equipment (3.4%)

 

Recreation:

  • Toledo is a destination that embraces every season. The Toledo region is home to the No. 1 Park System in the Country and top-rated attractions delivering hours of fun, including many that will keep you outside and socially distanced. From the parks, to historical sites, to the award winning Toledo Zoo & Aquarium and beyond. You'll find the perfect activity (or a few) to fit your family's taste in Toledo.
  • Get out and explore the No. 1 Park System in the Country! Metroparks Toledo has 19 parks in the greater Toledo area to enjoy. From nature walks to mountain biking, playgrounds to sledding each metropark offers something different to match your adventure needs
  • The Toledo Zoo is home to more than 10,000 individual animals representing over 720 species. In an effort to save endangered wildlife the Toledo Zoo participates in more than 80 Species Survival Plans that ensure healthy, genetically diverse Zoo populations

Arts & Culture:

  • Nat'l Museum of the Great Lakes
  • Fort Meigs Battlefield
  • Schedel Arboretum and Gardens

Sports for the Spectator:

  • Ohio is home to many professional and college sports teams. The metropolitan areas of Cleveland, Cincinnati, and Columbus are home to major league professional sports teams in baseball, basketball, football, hockey, and soccer.

Sports for the Participant:

  • From waterways to speedways to trail ways, our area offers visitors infinite ways to enjoy the great outdoors.
  • With so many natural resources, parks and sporting events, it’s no wonder that the city was recently rated as the #2 Best Place for Outdoor Lovers by U.S. News and World Report.
  • The Maumee River and nearby Lake Erie provide nearly endless opportunities for those who like their recreation off shore, while our treasured Metroparks of the Toledo Area offers visitors more than a dozen unique parks with miles of hiking and biking trails.
  • For the sports spectator, cheer on the Toledo Mud Hens in one of the nation’s top-rated minor league baseball stadiums, located in the heart of downtown. Or catch a Walleye game - Toledo’s professional hockey team - as they do battle on the ice at nearby Huntington Center. Plus, ARCA Racing at the Toledo Speedway has all the engine-revving, tire-squealing action you can handle.

Shopping:

  • The Toledo area is a treasure trove of shopping, giving visitors the opportunity to engage in some serious retail therapy.
  • The Franklin Park Mall is the cornerstone of commerce in the area, featuring over 160 retailers, Cinemark 16 & XD theatres and a variety of restaurants and food options.
  • Additionally, Toledo features two separate outdoor malls to further provide shoppers with access to fashion, food and fun. In Perrysburg, The Town Center at Levis Commons offers 50+ shops, 15+ restaurants, 12 movie screens, and hotels. The Shops at Fallen Timbers, Maumee’s premiere retail destination, is also home to over 50 shops, a movie theater, a hotel, and some of the area’s best food options.
  • Smaller boutiques, specialty shops and antique malls throughout the area give visitors the chance to hunt for the ideal find, from the quirky to the conventional.
  • So, save some space in that suitcase, and take a gander at the many retailers below to plan your shopping excursion when in town.

Top Five things to do:

  1. Toledo Museum of Art
  2. Toledo Zoo
  3. Cedar Point is more than roller coasters. It’s more than thrill rides. It’s more than the mile-long sandy beach where our rich history began. Cedar Point is where moments, memories and connections are made. These connections last for generations and are built on tradition – traditions that began more than 150 years ago.
  4. Toledo Botantical Garden
  5. Hollywood Casino Toledo