Medical Director - Hospital Medicine

MedAmerica • Hartford, CT

12h • $275,000 - $900,000 • Onsite

About The Position

Vituity is seeking a Hospital Medicine Medical Director in Hartford, CT. This role is with a 100% physician-owned partnership led by frontline physicians who are equitable owners. The ownership model provides financial transparency, a comprehensive benefits package including profit distribution, and career development opportunities. Vituity has opportunities at 890 practices across the country. The Medical Director will communicate and champion Vituity's purpose, mission, vision, values, culture of brilliance, and strategy. They will assure compliance with Vituity requirements and policies, monitor healthcare trends, and strategize and execute an annual practice management plan. The role involves spearheading the local site's administrative management team, demonstrating mastery of Vituity policies, exemplifying Partnership Principles, and understanding hospital expectations and contract terms. The Medical Director will monitor operational and quality metrics, improve operational processes, monitor site financial performance, develop expertise in budgeting and financial performance, improve patient census and billing practices, and interact with payers. The role also includes executing efficient recruitment, onboarding, and training processes, providing learning and development opportunities, mentoring providers and staff, and evaluating physician and PA/NP performance. The Medical Director will participate in contract negotiations, and develop collaborative working relationships with hospital leadership, nursing staff, and other healthcare team members. They will ensure practice representation and value demonstration through leadership roles and participation in hospital committees and the local community.

Requirements

• Licensed physician as a Medical Doctor (M.D.) or Doctor of Osteopathic Medicine (D.O.) degree from an accredited medical school and completion of residency through an accredited residency program required.
• Maintain membership and privileges on Hospital’s medical staff and comply with and abide by the bylaws, rules and regulations, and the policies and procedures of Hospital’s medical staff where services are being provided required.
• Physician Partnership status required.
• Five (5) years or more experience in a leadership role required.
• Verbal and written communication skills.
• Superior clinical skills.
• Interpersonal and leadership skills.
• Ability to motivate a team.
• Project Management.
• Effectively collaborate with diverse individuals and multiple locations.
• Relationship building.
• Technical skills.
• Strong accounting and finance understanding.

Responsibilities

• Communicate and champion Vituity’s purpose, mission, vision, values, culture of brilliance, and strategy, ensuring widespread understanding and alignment.
• Assure compliance with all Vituity requirements and policies and communicate those requirements to all Vituity providers.
• Monitor current and future healthcare and economic trends. Assess their potential impact on the practice and local geographic region.
• Strategize and execute a comprehensive annual practice management plan that sets clear goals and objectives, continuously surpassing expectations and delivering value to patients, clients, providers, and the local community.
• Spearhead the local site's administrative management team, meticulously selecting team members and aligning their responsibilities to drive the achievement of practice goals.
• Demonstrate unwavering mastery of Vituity policies and fiduciary obligations, ensuring strict adherence from all providers.
• Exemplify Vituity's Partnership Principles by fostering open communication and transparent decision-making, such as conducting annual reviews of administrative stipends and scheduling preferences.
• Demonstrate a comprehensive understanding of hospital expectations and rigorously uphold compliance with all contract terms.
• Monitor operational and quality metrics and implement Vituity initiatives and operational programs to continually improve performance.
• Continuously assess and improve operational processes, leveraging technology and best practices to streamline workflows and increase efficiency.
• Monitor site financial performance and identify and create new areas for growth and revenue.
• Develop an expertise and understanding of the yearly budget, financial performance measures and monitoring systems, and billing and reimbursement issues / systems.
• Improve patient census and billing practice statistics to optimize reimbursement for the practice.
• Maintain awareness and interactions with payers such as significant IPA’s, Medical Groups, Foundations, ACO’s associated with the hospital / health system.
• Execute efficient recruitment, onboarding, and training processes for new providers, ensuring the practice is staffed with highly qualified professionals.
• Provide learning and development opportunities and mentoring to providers and staff to enhance their clinical acumen, leadership skills and overall professional growth.
• Evaluate the performance of physicians and PA / NPs in compliance with Vituity policies and guidelines.
• Monitor physician competencies with progressive improvement using appropriate metrics. Counsel, suspend, or remove staff from the schedule as necessary in compliance with Vituity polices / guidelines.
• Actively participate in contract negotiations in conjunction with the Regional Director.
• Develop, foster, and maintain productive and collaborative working relationships with hospital leadership, nursing staff and other healthcare team members.
• Ensure practice is appropriately represented and demonstrates their value through leadership roles (as applicable) and/or participation with hospital management, medical staff leadership, Medical Executive, Medical Staff and other hospital committees, and within the local community.

Benefits

• Superior Health Plan Options
• Dental, Vision, HSA, life and AD&D coverage, and more
• Partnership models allows a K-1 status pay structure, allowing high tax deductions
• Extraordinary 401K Plan with high tax reduction and faster balance growth
• Eligible to receive an Annual Profit Distribution/yearly cash bonus
• EAP and travel assistance included
• Student loan refinancing discounts
• Purpose-driven culture focused on improving the lives of our patients, communities, and employees

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Ph.D. or professional degree