Overview
This role leads the development, implementation, administration, and ongoing review of provider compensation programs and agreements for the organization, covering substantial financial scope. You will supervise staff and ensure compensation and productivity modeling processes are accurate, efficient, timely, and compliant.
Responsibilities
- Oversee provider compensation operations, ensuring timely and accurate payroll, accounting, financial reporting, compensation calculations, wRVU/productivity data, value-based metrics, and payment arrangements in accordance with provider contracts.
- Lead compensation reporting, reconciliation, and modeling, including quarterly compensation resets, draw pay reconciliations, reimbursement modeling, forecasting, budgeting, and analysis of provider compensation metrics across service lines.
- Ensure data accuracy and quality by overseeing wRVU validation, non-wRVU activity tracking, provider payroll audits, compensation calculations, benchmarking, quality control processes, and identification/resolution of variances or deficiencies.
- Manage provider compensation workflows and systems, coordinating provider setup with Accounting and Recruitment; oversee processes for medical directorships, call time tracking, provider builds and reporting; troubleshoot onboarding or system issues.
- Ensure compliance with regulatory and organizational standards, including provider contract terms, applicable regulations, fair market value standards, internal policies, and established compensation guidelines; escalate issues and keep leadership informed of risks and concerns.
- Lead and develop the Provider Compensation team, overseeing staff responsible for financial analysis, modeling, reconciliation, and compensation processing; provide training, mentoring, and performance management; direct ad hoc analyses, projects, and departmental resources to support organizational and financial objectives.
Requirements
Required
- Bachelor’s degree in Healthcare Administration, Accounting, Finance or related field, plus five years of progressively responsible related work experience demonstrating attainment of the requisite job knowledge/abilities, upon hire.
- Three years in a supervisory or management capacity.
- None, upon hire.
Preferred
- Master’s degree in a related discipline.
- Work experience in a large integrated medical group, upon hire.
Compensation & Benefits
- Pay range: $57.37 - $94.66 /hour
Location
Greater Puget Sound area.