Director Provider CompensationCone Health • Greensboro, North Carolina, United States
Director Provider Compensation
Cone Health
- Greensboro, North Carolina, United States
- Greensboro, North Carolina, United States
À propos
Essential Job Function
- Compensation Design, Implementation and Communication: Leading the process for developing, transitioning, evolving and implementing the provider compensation model (including base pay, variable pay and incentive pay); Directs the development of communications associated with provider compensation activities; Develops, prepares and updates policies and procedures affecting provider compensation; Responsible for preparation, facilitation, administration and documentation of provider compensation related meetings, committees and forums (ie Executive Compensation Committee, Compensation Sub-Committee and all new compensation model related forums).
- Compensation Administration: Provides oversight for the financial modeling and calculation of provider compensation and incentive plans; Directs the analytical support and reporting related tthe management and maintenance of the provider compensation plan, including Clinical Compensation, Incentives and Bonuses, Outside Income/Stipends, Contractual Salaries and Salary Guarantees, and Support for FMV review; Insures data management incorporates use of appropriate and validated source systems, efficient data collection tools, integrity of data sources, etc; Insures appropriate confidentiality of data sources at all times; Directs the annual salary process for physicians; Maintains benchmark data for use in provider compensation; Develops redundancies tvalidate and verify compensation reconciliations.
- Compliance: Collaborates with legal counsel and health system leadership tensure observance of organizational policies, Stark law, Anti-Kickback legislation, etc; Is a subject matter expert for the organization regarding rules, regulations, standards, and emerging trends impacting physician compensation arrangements; Works with Internal Audit related treview of the plan administration.
- Leadership & Strategic Direction: Manages relationships with external provider compensation vendors and consultants; Counsels dyad leadership as tthe effective administration within provider compensation guidelines; Provides recommendations for requests for exceptions tthe approved compensation model; Directs the activities of professional staff; Provides direction and support of direct reports tensure effectiveness and efficiency; Establishes work standards; Selects, trains, develops and evaluates direct reports; Provides exceptional service tcustomers by anticipating needs, following standard work, proactively communicating and providing consistent timely and accurate information; Supports decision making related tprovider compensation ? including recommendation and appropriate documentation tstreamline communication and decisions; Serves as the primary point of contact for the organization related tphysician compensation and contract administration; Exhibits professional behavior and represents the organization?s mission and vision.
- Market Analysis: Manages the compilation of provider compensation data for submission tlocal, regional and national salary surveys and directs the analysis of information tdetermine the organization?s competitive position; Manages the provider salary administration programs including market pricing and development and maintenance of formal job grades and salary ranges where applicable; Responsible for understanding and sharing changes and trends occurring in the provider compensation market; Conduct market analysis, such as community need assessments, programmatic need assessment, feasibility studies, and call burden analysis as needed; Provide analysis tvalidate recruitment needs; Develop contracting parameters for new physician hires.
- Budgeting: Manages the annual provider salary planning budget and review process.
Education
- Required: Bachelor's degree in Business, Accounting, Finance or Human Resources
- Preferred: Master's degree in Business or Healthcare Administration
Experience
- Required: 5 years of relevant finance, human resources, or physician compensation experience. Demonstrated finance leadership or equivalent public accounting experience. 3 years of relevant leadership experience
Licensure/Certification/Listing
Compétences linguistiques
- English
Avis aux utilisateurs
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