TeamHealth Compensation FAQ

Read what TeamHealth employees think about their compensation at the company.

TeamHealth has a compensation and benefits rating of 3.3. If you want to know how much TeamHealth employees make, head to their Salaries page to see a list of salaries per occupation, along with bonuses.

All answers shown come directly from TeamHealth Reviews and are not edited or altered.

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4 English questions out of 4

August 23, 2019

What is the salary like at TeamHealth?

Pros

Great coworkers, good pay and benefits, quick response from administration

Cons

Schedule but it is part of the job

Great coworkers, good pay and benefits, quick response from administration

August 23, 2019

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August 16, 2019

What are other benefits and incentives like at TeamHealth?

Pros

You can make your own hours.

Cons

They have changed compensation plans for clinicians 3 times in 3 years. The latest plan taking effect in September benefits corp but not the clinicians in the field. The latest plan starting next month is a "fee-for -service" hybrid compensation plan that is now guaranteeing clinicians 80% of their previous salary with the possibility to make their previous base salary plus bonus. We are currently on a comp plan that looks at RVUs. Now they are looking at patient encounters. Going forward you have to see more encounters to cover the base PLUS the PTO we are now costing the company every 2 weeks. Based on this formula if we were getting a bonus after 15 patients per day, with the current plan clinicians will need to see approximately 20 patients per day.

Advice to Management

Go back to the RVU compensation plan and pay bonuses monthly not quarterly. The company will lose clinicians once clinicians realize that the new plan really does not benefit them and clinicians figure out that they have to work even harder to make their previous base salary. The company already takes the majority of the dollars that each clinician bills. Stop being greedy!

service" hybrid compensation plan that is now guaranteeing clinicians 80% of their previous salary with the possibility to make their previous base salary plus bonus.

August 16, 2019

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July 27, 2020

Does TeamHealth offer bonus pay?

Pros

They do an incredible job of recruiting. The recruiters are extremely nice, will promise you the world. You should be leery right there- because things that sound too good to be true often are.

Cons

Here is how Team Health, like many large physician staffing companies, operate. It unfortunately took me a few years to figure this out. When I graduated medical school, I was young and very naive. Here is how Team Health operates. Say there is a hospital that wants to fill 10 positions. Team Health will lock down 50 + doctors for those 10 Positions by offering them an actual contract and in some cases, will even pay them a stipend or sign-on bonus. Those physicians will, obviously, assume that they have the job and move to the respective location. They’ll leave their friends, family, and put down 2 months rent on an apartment there. So Team Health gives the hospital 50 physicians to choose from to fill 10 spots. What the hospital doesn’t know is that Team Health actually offered contracts to those 50 physicians, who all think they have secured positions there. So the hospital thinks this is great and gets to choose the top 10 from that pool of 50. And when they do- 40 of those physicians who signed contracts, made their move to a new state, acquired a license etc. in that state- will be told that the job offer fell through. Team Health will make up a reason, and they’re covered by their contract, which states something like employment can be terminated at any time for any reason. It leaves those 40 physicians that the hospital did not pick in a horrible situation. They have their hopes shattered, spent thousands of dollars, and moved to a location where there is no longer a job waiting for them. It’s just plain wrong. Fraud. It’s fraud.

Advice to Management

Just be an honest employer. Only make an offer and give someone a contract when there is actually a job available for them. Do your thorough background check and vetting BEFORE offering people contracts. It may not make you look like as big of a rock Star to the hospital you are staffing if you only offer 10 candidates for 10 positions, but if you’ve put in the work on those 10 candidates and made sure they were qualified and well suited for the position BEFORE offering them contracts, you’ll still look good. And no lives will be ruined in the process. What you’re doing now is just plain deceitful- and morally terrible.

on bonus.

July 27, 2020

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March 18, 2021

What are pay increases like at TeamHealth?

Pros

The pay is decent but that’s about it with no offer for annual raise- you are just another cog in the TeamH wheel

Cons

They use your own money for “ pto” which you then in turn have to be approved for.. the response to COVID-19 in the LTAC, SNF setting was sub par and placed employees at risk. There is a push to see more patients and if you don’t you are penalized. Run don’t walk away from this company

Advice to Management

Instead of offering pay increases to your physicians, you may want to consider methods to retain your mid level providers. While medical directors are essential - they and this company can not do this job with out the mid level.

The pay is decent but that’s about it with no offer for annual raise

March 18, 2021

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4 English questions out of 4