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Talk later needs edits
On Tuesday, 25 October 2016, <
wrote:
JE, below is what I would send to Urology administration.
According to Sinai's term sheet, the compensation offered ($560) will be slightly less
than I'm currently earning. Additional income will be based on a % of gross collections
(not net). The offer is too low. I would require a base salary and clinical supplement of
$650k.
Administrative supplement should be based on 25% of all philanthropy
collected throughout the contract.
According to Arthur Klein, Sinai would cover my office expenses as a stipend to me. I
would personally pay all my expenses related to the office including staff.
My annual
expenses were $386k. I will need an additional medical assistant at $65k and an
additional $50k for the ultrasonographer.
at $500k.
Sinai would need to cover my office expenses
Last, my Sinai academic title will be Professor of Urology. My clinical title will be Director
of Microsurgery (Urology).
Term Sheet offered to me:
Compensation:
•
Benefits Base Salary of $160,000 per Year--Change to $250,000
•
Clinical Supplement of S400,000 per Year
•
Administrative Supplement - $25,000 (This supplement Hill be paid once you achieve a
philanthropic target of $100,000/year for the term of the contract) —Change to 25% of all
pilanthropy raised during the term of the contract
Total Compensation of $585,000 per Year—Change to $650,000 plus administrative supplement
•
You can earn additional compensation at the end of each calendar year if you personally have
generated more than $1,000,000 in collections. You will receive 50% of collections above
S1,000,000. --Change to Gross collections
Jeffrey, let me know what you think.
Thanks
EFTA00813944
Harry
—Original Message--
>
Subject Fwd: confidential—analysis you asked for.
Sent from my iPhone
Begin forwarded message:
From:
To:
see attached.
—Original Message--
Subject RE: confidential--analysis you asked for.
Can you please add the CPT count to the report? Thanks
Rishi
From:
Rishi, attached is the cash flow statement you requested for 2015. Please let me know what we need to do next.
Thanks
Harry
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