MANAGER OF PROVIDER COMPENSATION
JOB RESPONSIBILITIES-
Manager of Provider Compensation
MGR - PROVIDER COMP
Full-Time
Manager of Provider Compensation candidates will have the following job responsibilities:
- The Manager is responsible for planning, developing, and
implementing various compensation programs, policies, and procedures in support of the leadership team. - The Manager leads the team in building relationships with the provider workforce through collaboration with leadership, legal and compliance, human resources, payroll, recruitment and finance teams throughout Health System.
- The Manager ensures the group serves as trusted business partners to support the organizations strategic goals and enhance provider engagement and satisfaction.
- Designs, implements, and manages provider compensation models aligned with industry best practices and organizational goals.
- Ensures compliance with federal and state regulations (e.g., Stark Law, Anti-Kickback Statute) related to provider compensation.
- Achieves compilation of a high-performing team equipped to support development of compensation strategies that support provider retention, productivity, and quality outcomes.
- Ensures accuracy of technology and personnel calculating incentive-based pay structures, including RVU based, quality-based, and value-based compensation models.
- Supports teams capability to perform compensation modeling and analyses with a clear understanding of Fair Market Value principles.
- Collaborates with finance and legal teams to oversee teams completion of regular market analyses, benchmarking, and annual survey submissions.
- Conducts periodic reviews for fairness and equity, and certifies the team is competent and confident to address provider compensation concerns.
- Directs team of analysts to ensure data integrity, precise calculations and rigorous processes are supported by technological solutions.
JOB QUALIFICATIONS-
Manager of Provider Compensation
MGR - PROVIDER COMP
Full-Time
Manager of Provider Compensation candidates must meet the following minimum job qualifications:
- Two years of experience in provider compensation leadership position within a healthcare setting required.
- Experience with design provider compensation plans and leading provider groups in complex
- compensation programs.
- Experience in working with industry benchmarks (MGMA, AMGA, Sullivan Cotter), performing valuations of
- compensation models and monitoring the effectiveness of existing compensation practices.
- Experience leading team members in evaluating business models, performance metrics and developing
- KPIs with a focus on both financial and clinical utilization metrics.
- Qualifications
- Comprehensive understanding of physician compensation structures, contract negotiations, and
- compliance regulations.
- Excellent communication (written and verbal), active listening, and interpersonal skills are crucial for
- engaging with providers, leaders, and stakeholders.
- Ability to identify and resolve issues that may arise during a providers payment cycle.
- Knowledge of training methodologies and the ability to develop and deliver compensation materials.
- Demonstrated ability to motivate and lead a team.
- Proactive and motivated to learn independently as well as collaborate with groups.
- Attention to detail with an ability to execute with accuracy and meticulousness are important for provider
- compensation responsibilities.
- Excellent leadership, project management, and strategic planning skills.
- Interpersonal and communication skills, with the ability to work effectively with executives, providers, and
- staff.
- Proficiency in compensation modeling tools.
- Demonstrated project management skills in multiple instances, including payment cycle planning, execution and completion.
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