Manager Finance & Physician Compensation
About The Position
Directs physician compensation program and plan design. Evaluates physician compensation strategies, new physician hire compensation to include development of compensation levels for new pro formas, and conducts internal evaluations and assessments to ensure compliance. Develops and aligns strategies, initiatives, pay practices, and supporting infrastructure to achieve results that align with goals and opportunities established within the enterprise. Subject matter expert in providing information on market trends and strategies that impact provider compensation. Model and develop compensation plans for specialty groups and individual plans, along with advising on best practices with the operational and medical leaders. Must have physician compensation, monthly, quarterly provider true up experience. Familiarity with quality metrics, modeling and analytics in addition to budgeting and GL month end close experience.
Requirements
- Bachelors degree from a recognized college or university with course emphasis in Business Administration, Finance, Accounting or a closely related field
- A minimum of 1-3 years in healthcare compensation with experience specifically in physician and mid-level compensation practice in a healthcare finance/system of greater than 200 physicians or consulting specializing in provider compensation valuation.
- 3-5 years management experience.
- Experience in program design and implementation of physician contracts and benchmarking survey participation.
- Must understand IRS intermediate sanctions, Stark Law, and Anti-Kickback Statute
- WORKING FAMILIARITY WITH FMV CONCEPTS AND NATIONAL BENCHMARKING
- Demonstrated knowledge of EEOC and pay equity regulations
Nice To Haves
- Masters preferred
Responsibilities
- Directs physician compensation program and plan design.
- Evaluates physician compensation strategies
- Evaluates new physician hire compensation to include development of compensation levels for new pro formas
- Conducts internal evaluations and assessments to ensure compliance.
- Develops and aligns strategies, initiatives, pay practices, and supporting infrastructure to achieve results that align with goals and opportunities established within the enterprise.
- Subject matter expert in providing information on market trends and strategies that impact provider compensation.
- Model and develop compensation plans for specialty groups and individual plans, along with advising on best practices with the operational and medical leaders.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Industry
Hospitals
Number of Employees
5,001-10,000 employees
