"Alerted.org

Job Title, Industry, Employer
City & State or Zip Code
20 mi
  • 0 mi
  • 5 mi
  • 10 mi
  • 20 mi
  • 50 mi
  • 100 mi
Advanced Search

Advanced Search

Cancel
Remove
+ Add search criteria
City & State or Zip Code
20 mi
  • 0 mi
  • 5 mi
  • 10 mi
  • 20 mi
  • 50 mi
  • 100 mi
Related to

  • Director Provider Compensation Physician…

    Virginia Mason Franciscan Health (Tacoma, WA)



    Apply Now

    Responsibilities

    **A remote opportunity for qualified out of state candidates may be considered**

    This position contributes to the organization by leading a compensation team that provides direction,

    resources, and support to over 1600 Physicians and Advanced Practice Providers (APPs). The Director will

    ensure that valuable information critical to the success of our business is being shared and executed

    through the appropriate communications channels. The incumbent will act as a member of the Virginia

    Mason Franciscan Health (VMFH) Physician Enterprise (PE) management team and will work closely with

    VMFH PE executive leadership. The incumbent must have the ability to work effectively and

     

    collaboratively in a diverse and multi-cultural environment. Work also includes the

     

    development/implementation of competitive provider compensation plans/models/processes that meet

     

    organizational objectives and engender a sustained competitive advantage for the organization.

    ESSENTIAL KEY JOB RESPONSIBILITIES

    • Leads the annual strategic planning process in developing a vision and operating plans for

     

    provider compensation; provides expertise in the formulation of comprehensive compensation

     

    strategies designed to meet VMFH’s PE growth strategy and service line strategies;

     

    develops/recommends continual refinement of quality-based provider compensation

     

    structures/models to support the established strategies and evolving environment of

     

    accountable care and value-based reimbursement.

     

    • Keeps abreast of prevailing standards/models of provider compensation, new/changing

     

    regulatory requirements, key production benchmarks, value-based care models/metrics and

     

    competitive industry practices as well as organizational initiatives with the potential to impact

     

    current strategies; researches, develops and implements best practices in the utilization of

     

    value-based metrics, as a means to proactively prepare and respond to the environment of

     

    accountable care and value-based reimbursement; monitors provider engagement/satisfaction

     

    with VMFH PE compensation approach and structure.

     

    • Monitors/evaluates the performance of current provider compensation models/practices in

     

    producing desired results; ensures that compensation practices are audited periodically and that

     

    variances/deficiencies are timely identified and addressed; identifies root cause(s) of

     

    issues/performance shortfalls and viable opportunities for improvement.

     

    • Develops, recommends and/or oversees implementation of new/revised

     

    policies/procedures/models to respond to changing priorities, business objectives or competitive

     

    pressures and/or assure consistency/compliance with applicable legal/regulatory requirements;

     

    assures transparency and timely execution/communication of changes to current

     

    standards/models.

     

    • Oversees activities relating to the timely and accurate compensation/payroll, accounting and

    financial reporting for the provider compensation program; oversees the calculation, tracking

    and reporting of key performance indicators relating to provider compensation (e.g. productivity,

     

    value-based metrics, etc.); ensures that accurate and timely payroll calculations and timely

     

    payments are made for all VMFH PE employed providers; ensures all internal processes are fully

     

    documented, understood and followed in accordance with established procedures.

     

    • Leads the development and implementation of methodologies for tracking non-wRVU activities

     

    for which providers are compensated; assures that wRVU data for provider compensation

     

    calculation purposes is accurate, contains all relevant modifications and that value-based metrics

     

    are updated and processed in a timely manner; oversees the process for quarterly provider

     

    compensation resets.

     

    • Oversees the tracking of expenditures and benchmarks compensation information to both

     

    internal and external sources, including CommonSpirit, MGMA and ECG comparative databases;

     

    monitors the accuracy and fair market value of provider compensation for VMFH PE affiliates

    under professional services agreements;

    • Reviews and analyzes requests for modifications to current provider compensation models for

     

    appropriate alignment with VMFH PE and CommonSpirit policy/goals; submits requests for

     

    policy updates as appropriate to foster a competitive and equitable provider compensation

     

    program.

     

    • Establishes and maintains a close relationship with National compensation leadership to assure

     

    that the VMFH PE program is in alignment with, and is effectively supporting, the overall

     

    organizational standards and policies of CommonSpirit; manages the checklist process for new

     

    providers to assure compliance with CommonSpirit National fair market value standards;

     

    advocates for transparent compensation standards and the commercial reasonableness of all

     

    provider compensation models that support VMFH financial and quality goals.

     

    • Participates in various VMFH PE Compensation Committees as well as other relevant

     

    decision-making bodies.

     

    • Supervises day-to-day operations of members of the Provider Compensation team. Manage staff

     

    workload balance, promote teamwork, coach staff to promote professional development,

     

    manage clear expectations and provide regular and ongoing feedback.

     

    May be required to perform other duties as assigned.

    Qualifications

    Education:

    Bachelor’s degree in a discipline related to the duties of the

     

    position, and six years of related healthcare work experience that

     

    would demonstrate attainment of the requisite job

     

    knowledge/abilities, including three years in a management

     

    capacity.

     

    Master’s degree in a discipline related to the duties of the position

     

    is preferred.

    Required Minimum Knowledge, Skills, Abilities, and Training:

    Knowledge of the principles, standards, practices and

     

    administrative tools relating to provider compensation.

     

    • Ability to lead the development of appropriate

     

    compensation package recommendations based on

     

    applicable benchmark metrics and influenced by practice

     

    type/specialty and other relevant factors.

     

    • Computer proficiency with experience in Microsoft Office

     

    and Excel.

     

    • Must be a strong self-starter and can work and make

     

    independent decisions with minimum direction.

     

    • Must be a motivated leader with excellent interpersonal,

     

    written and verbal communication skills.

     

    Experience utilizing cloud based tools like Google Workspace.

     

    Overview

     

    In 2020, united in a fierce commitment to deliver the highest quality care and exceptional patient

    experience, Virginia Mason and CHI Franciscan Health came together as natural partners to build a new

    health system centered around the patient: Virginia Mason Franciscan Health. Our combined system

    builds upon the scale and expertise of our nearly 300 sites of care, including 11 hospitals and nearly

    5,000 physicians and providers. Together, we are empowered to make an even greater impact on the

     

    health and well-being of our communities.

    CHI Franciscan and Virginia Mason are now united to build the future of patient-centered care across the

    Pacific Northwest. That means a seamlessly connected system offering quality care close to home. From

     

    basic health needs to the most complex, highly specialized care, our patients can count on us to meet

     

    their needs with convenient access to the region’s most prestigious experts and innovative treatments

     

    and technologies.

    Pay Range

    $54.12 - $78.47 /hour

     

    We are an equal opportunity/affirmative action employer.

     


    Apply Now



Recent Searches

[X] Clear History

Recent Jobs

  • Director Provider Compensation Physician Enterprise - NW Mar
    Virginia Mason Franciscan Health (Tacoma, WA)
[X] Clear History

Account Login

Cancel
 
Forgot your password?

Not a member? Sign up

Sign Up

Cancel
 

Already have an account? Log in
Forgot your password?

Forgot your password?

Cancel
 
Enter the email associated with your account.

Already have an account? Sign in
Not a member? Sign up

© 2025 Alerted.org