What are the responsibilities and job description for the Director, Provider Compensation position at Employee Referral Program - Great People Know Great People?
Description:
Could you be our next Director, Provider Compensation?
Why work as a Director, Provider Compensation with Main Line Health?
- Make an Impact! The Director, Provider Compensation is responsible for designing, implementing, and managing physician and advance practice provider (APP) compensation programs to ensure they are competitive, equitable, and aligned with the company’s strategic goals. This role involves collaborating with various departments, including finance, legal, and operations, to develop compensation models that attract and retain top medical talent while ensuring compliance with regulatory requirements. The Director develops tools and metrics to monitor the performance of provider compensation models, coordinates statistical reports, and ensures that compensation is commercially reasonable, consistent with fair market value, and meets federal and state requirements.
- Develop and Grow your Career! Invest in furthering your education through seeking certifications or advanced degrees by taking advantage of our Tuition Reimbursement! This position is eligible for up to $6,000 per year based upon your Full or Part Time status.
- Join the Team! Like our patients, the Main Line Health Family encompasses a wide range of backgrounds and abilities. Just as each of our patients requires a personalized care plan, each of our employees, physicians, and volunteers, bring distinctive talents to Main Line Health. Regardless of our unique design, we all share a purpose: providing superior service and care.
- Position-Specific Benefits include: This position is eligible for Main Line Health’s Flexible PTO program. With this, you have the freedom and flexibility to take paid time off as needed: no set number of days per year allotted to your position, and no wait period to begin using your Flexible PTO
Position: Director, Provider Compensation
Shift: M-F Day (Hybrid)
Experience:
1. Minimum 10 years extensive experience with and knowledge of external benchmarking sources (MGMA, AMGA, Sullivan Cotter, HIS/Gallagher) to ensure compensation is FMV compliant and Commercially Reasonable. Experience with development of incentive metrics for APP and physician contracting, demonstrated ability to translate complex data into meaningful insights and communicate to key stakeholders (System Leadership, Operations, and Providers). Ability to manage multiple tasks and deliver excellent work products.
2. Advanced knowledge of MS Excel, PowerPoint and Word.
Education:
Bachelor's degree required; MPH or MBA within health care industry preferred.
Licensures/Certifications:
Preferred Certifications - Certified Compensation Professional (CCP) or similar certification
Salary : $147,389 - $228,384