Psychiatrist - Province-wide

Health PEI offers multiple payment modality options:

• Fee-for-Service – Under this model, physicians are compensated for each service provided, in accordance with the Tariff of Fees outlined in the Physician Services Agreement. This model offers maximum flexibility in terms of scheduling, service volume, and practice style.
  Physicians typically operate through a professional corporation, which may offer tax advantages. Most physicians are responsible for overhead costs, which average around 25% of total billings. While this model does not include paid employment benefits, physicians have access to negotiated benefits through the Physician Services Agreement.

• Salary – Physicians employed under the salaried model enter into an employee-employer relationship with Health PEI. This model includes a defined schedule, assigned duties, and a comprehensive suite of employment benefits such as:
  • Health and dental coverage
  • Paid vacation and sick leave
  • Life insurance
  • RRSP matching

 Compensation: $193.44 per hour (equivalent to $377,208 annually for a 1.0 FTE)

• Contract-for-Service – Physicians working under a Contract for Service are compensated hourly, as outlined in the Physician Services Agreement. While this model does not include traditional employment benefits (e.g., paid vacation, health and dental, RRSP matching), it does provide access to negotiated benefits such as parental leave. The hourly rate includes an additional amount in lieu of benefits.This model may offer tax advantages for physicians who choose to incorporate.

 Compensation: $232 per hour (equivalent to $400,200 annually for a 1.0 FTE)

• Full-time hours for a salaried physician is defined as 37.5 hours per week.
• Full-time contract-for-service hours is based on a maximum of 1,725 hours per year.

• Qualified and licensable candidates may be eligible for a return in service grant of $100,000 with a 3 year (5,850 hour) commitment.
• Eligible moving expense reimbursements available. 
• Opportunity to teach with the PEI Residency Training Program with faculty appointment at Dalhousie University.
• Electronic patient record system (hospital-based) with access to lab and x-ray reports from office.
• Click here for incentive information.

Salaried physicians are eligible for:

• Approved paid vacation and sick time;
• Continuing Medical Education benefits;
• Eligible CME paid leave up to a maximum of 10 days per fiscal year up to a maximum of $7000 in eligible CME expenses per fiscal year; and
• Matched RRSP contributions.

For further information, refer to the Master Agreement.

• FRCPC or eligibility for Royal College of Physicians and Surgeons of Canada certification; 
• Eligibility for licensure with the College of Physicians and Surgeons of Prince Edward Island; and
• Appointment to the Health PEI Medical Staff and appropriate privileging.

Atlantic Registry

Starting May 1, 2023, physicians whose primary practice is in Atlantic Canada (and hold a general registration in either PEI, New Brunswick, Nova Scotia or Newfoundland and Labrador) may be eligible to obtain registration to practice in all four Atlantic Canadian provinces via the Atlantic Registry. For more information or to opt-in to the Atlantic Registry, contact the College of Physicians and Surgeons of Prince Edward Island today!

Health Care Workers are required to provide proof of Covid-19 vaccination as per Health PEI’s Covid-19 Immunization and Management Policy. If a new hire is unable to be vaccinated as a result of a medical exemption, they will be required to submit supporting documentation to Employee Health / Wellness and Safety.