Children's Mercy Kc-posted 4 months ago
Full-time • Senior
Remote • Kansas City, MO
Hospitals

The Senior Director of Physician Compensation will lead the strategic design, implementation, and oversight of physician compensation programs across Children's Mercy. This senior-level role ensures alignment with the hospital's mission, clinical priorities, and financial objectives while maintaining compliance with regulatory standards. The role is pivotal in fostering physician engagement, retention, and performance through equitable and transparent compensation practices. At Children's Mercy, we are committed to ensuring that everyone feels welcomed within our walls. A successful candidate for this position will join us as we strive to create a workplace that reflects the community we serve, as well as our core values of kindness, curiosity, inclusion, team and integrity. Additionally, it's important to us that we remain transparent with all potential job candidates. Because we value the safety of the patients and families we serve, as well as the Children's Mercy staff, we want to let you know that the seasonal influenza vaccine is a condition of employment for all employees in our organization. New employees must be willing to be vaccinated if found non-immune to measles, mumps, rubella (MMR) and chicken pox (varicella) and/or without evidence of tetanus, diphtheria, acellular pertussis (Tdap) vaccination since 2005. If you are selected for this position, you will be asked to supply your immunization records as proof of vaccination. If you and have any concerns about receiving these vaccines, medical and/or religious exemptions can be further discussed with Human Resources.

  • Develop and lead the physician compensation strategy in alignment with organizational goals and values.
  • Serve as a trusted advisor to executive leadership on physician compensation governance, market competitiveness, and regulatory compliance.
  • Lead cross-functional Physician Compensation Governance Team in collaboration with HR, Finance, Legal, Compliance, and Clinical Operations.
  • Design and implement innovative, value-based compensation models that support quality care and physician satisfaction.
  • Integrate with the overall budget process the annual physician compensation planning cycle, including budgeting, forecasting, and performance-based incentives.
  • Ensure physician compensation structures reflect fair market value and commercial reasonableness.
  • Conduct market analyses and internal equity reviews to ensure competitive and compliant physician compensation practices.
  • Monitor and ensure adherence to Stark Law, Anti-Kickback Statute, and other applicable regulations.
  • Lead compensation analytics and reporting, including contract review and audit processes.
  • Support the routine reporting including analytics around program design and capacity planning.
  • Provide guidance and manage multiple compensation models that are based on clinic, academic and research models.
  • Develop and maintain policies, procedures, and systems that support efficient and transparent compensation administration.
  • Leverage technology and automation to streamline compensation workflows and data integrity.
  • Support physician leadership development and succession planning through compensation strategy.
  • Maintain close collaborative work with HR, Payroll and Legal along with Finance to ensure alignment.
  • Bachelor's Degree in Business Administration, Healthcare Administration, Finance, or related field.
  • 7 or more years of progressive experience in physician compensation or healthcare finance.
  • 5 years in a leadership role within a complex healthcare organization.
  • Market competitive pay ranges.
  • Comprehensive benefits plans designed to meet the changing needs of employees and their families.
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