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Colorado Physician “Benefits Overview”
Compensation: Incentive/Bonus Plan
Base Compensation Incentive/Bonus Plan

Base Compensation

CPMG is comprised of 33 specialties; each having their own pay structure and pay levels. A new physician is generally assigned a salary level according to years of experience outside of his residency. On the physician's anniversary date of hire, each year, the salary level is elevated one level until the most senior level has been attained. Each year our compensation committee and Board of Directors, to assure market competitiveness, review our compensation structure. Once a physician attains the most senior pay level, the only increases received to base salary are contingent upon structure increases.

Incentive/Bonus Plan

Eligibility for the Plan after completion of two years of service.
Every year the Health Plan and medical group determine the overall performance targets for the following year.

The aggregate goal is comprised of three areas: patient and member satisfaction, HEDIS targets and financial performance.

If performance targets are met by CPMG, an equal bonus is given to each full time regular physician and prorated for part time regular physicians. This bonus may be eligible to be deferred into the 401 (K) Plan.