Director, Physician Compensation
About The Position
The Physician Compensation Director provides strategic leadership, design, and governance of physician compensation programs within an integrated finance function, holding direct accountability for the performance and results of two physician organizations. Operating under limited supervision guided by division objectives, this role sets the vision and direction for compensation strategy, executes departmental business plans, and allocates resources to ensure alignment with organizational priorities, financial performance, and regulatory compliance. As a senior leader, the Director applies a comprehensive, in-depth understanding of industry standards and business dynamics to partner with executive leadership, physician leaders, HR, Legal, and Compliance. The Director manages a subordinate professional employee, establishes functional/organizational priorities, and resolves complex, multi-dimensional problems to develop market-competitive, scalable frameworks that adhere to Fair Market Value (FMV) and commercial reasonableness standards while driving integration and transparency across two physician enterprises.
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, Healthcare Administration, or a related field and 8-10 years of experience in healthcare finance or physician compensation, including a proven track record of managing professional teams, executing functional business plans, and applying comprehensive knowledge of healthcare regulatory requirements (Stark Law, Anti-Kickback Statute, FMV); or an equivalent combination of education and experience.
- Mastery of advanced financial modeling, scenario planning, and quantitative business analytics to solve multi-dimensional departmental problems.
- Comprehensive understanding of healthcare regulatory frameworks, specifically Stark Law, Anti-Kickback Statute, Fair Market Value (FMV) standards, and commercial reasonableness.
- Expert-level knowledge of diverse physician compensation structures, including productivity-based (wRVU), value-based, and hybrid methodologies.
- Proficiency with data visualization applications (e.g., Tableau, Power BI) and familiarity with institutional ERP and physician practice platforms (e.g., Epic, Workday, Lawson).
- Ability to synthesize complex business dynamics across a division and build scalable operational plans across multiple distinct organizations.
- High-level communication and negotiation skills with a demonstrated ability to influence senior executives, legal teams, external vendors, and clinical leaders.
Nice To Haves
- Master's degree (MBA, MHA, or similar) combined with 12+ years of experience operating as a functional leader within a highly complex, multi-entity, or matrixed healthcare organization.
- Certified Compensation Professional (CCP) or Certified Provider Compensation Specialist (CPCS) designation preferred.
Responsibilities
- Define and execute the enterprise physician compensation strategy across two physician organizations; develop departmental and functional plans, establish organizational priorities, and allocate resources aligned with clinical, financial, and strategic goals.
- Design and oversee sophisticated, compliant compensation models (e.g., wRVU-based, value-based, hybrid structures), integrating comprehensive internal and industry standards to support growth, healthcare access, and quality initiatives.
- Manage, mentor, and provide leadership to subordinate professional staff; establish optimal organizational workflows, set performance expectations, and foster a culture of analytical rigor and continuous improvement across the function.
- Provide executive-level oversight of physician compensation expense, productivity, and return on investment; lead advanced financial modeling and scenario planning to resolve complex, multi-dimensional financial problems and integrate plans into enterprise budgeting.
- Establish and oversee departmental policies and governance structures, including compensation committees and approval processes, ensuring all arrangements comply with Stark Law, Anti-Kickback Statute, FMV, and commercial reasonableness standards.
- Serve as a key leader within the integrated finance function to enforce consistent methodologies and reporting standards, driving transparency, operational efficiency, and system-wide service line alignment.
- Direct the utilization of external market benchmarking data (e.g., MGMA, SullivanCotter, AAMC) to evaluate industry trends and emerging alternative payment structures, translating complex data into strategic insights that guide business unit decisions.
- Serve as the primary advisor to senior executives and physician leadership; influence key internal and external stakeholders, partners, and vendors by presenting clear, data-driven recommendations to governance committees.
Benefits
- medical, dental, vision, pharmacy
- discretionary annual bonuses and merit increases
- Flexible Spending Accounts
- 403(b) savings matches
- paid time off
- career advancement opportunities
- resources to support employee and family well-being
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What This Job Offers
Job Type
Full-time
Career Level
Director
