Strategic Provider Compensation Director
6 days ago
The Senior Director of Provider Compensation is a key leadership role at Essentia Health, responsible for shaping the vision for physician and APP compensation. This role will develop and implement strategic provider compensation models that align incentives with organizational performance, ensuring a best-practice design that supports Essentia's mission and values.
Key Responsibilities:
- Develop and implement provider compensation strategies, models, and programs
- Lead the development of the annual operating budget for provider compensation
- Support the Essentia Physician and Provider Compensation Committee (EPPC) in developing and implementing provider compensation strategies
- Ensure provider compensation models and practices are effective, well understood, compliant with applicable state and federal laws and regulations, and aligned with Essentia's provider compensation philosophy and with strategic objectives
Requirements:
- 8-12 years healthcare experience, including leading and developing provider comp models aligned with organizational strategic initiatives
- Master's or CPA preferred
- Strong understanding of Stark, Anti-Kickback Statutes, FMV, and benchmarking concepts
- Familiarity of tax laws, equal employment opportunity laws, and pay equity regulations
Leadership Expectations:
- Strong commitment to the Mission and Values of Essentia Health
- Proven capability to build a cohesive, high-functioning team across the network
- Responsible for the development of staff to create leadership and skillsets necessary to take on roles of increased accountability
Working Conditions:
- Job Location: Peerless Building
- Shift Rotation: Day Rotation (United States of America)
- Hours Per Pay Period: 80
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