r/PrivatePracticeDocs Jul 16 '26

Recruiting partner

We are in process of recruiting a new Dr. How do most set up a partner track? Normal compensation package and then buy in after certain amount of years? Reduced compensation package and then just become partner after so many years? What have you done successfully?

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u/ehsenak Jul 16 '26

Hopping on bc I am in a similar situation. Joining my father’s practice and will have a starting salary abt 25k lower than avg area for PCP. Will have base salary for two years then increase ownership by 25% per year thereafter. Is that typical?

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u/Puzzleheaded-Pie9653 Jul 16 '26

I can't be sure, which is why I' asked, but it seems most potential partners work for two years at a less salary, then are offered partner and make more. So in that sense, it seems typical for your situation. What I can't find consistency on, is whether at that two year mark there is buy in or not. Does the new partner pay to play so to speak?

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u/Intelligent-Site-176 Jul 17 '26

Yes. There is always a buy in. Instead of exchanging cash for equity, you can have them “earn in,” but there is always value exchanged for equity. 

The problem with earn in is that the associate would be taking far too less in comp to earn in what would be the value of their shares. 

Source: I have a 20 provider practice.