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.