What are the responsibilities and job description for the Executive Director Of Physician Compensation position at MemorialCare?
MemorialCare is a nonprofit health system serving Orange County and Los Angeles County with a comprehensive network of four hospitals, medical groups, imaging centers, and surgical centers. Dedicated to reimagining healthcare, MemorialCare strives to make high-quality care more accessible and affordable. Upholding a commitment to innovation and community-focused solutions, the organization is recognized for its exceptional care and forward-thinking leadership. Please remain vigilant and ensure communications from MemorialCare are legitimate, as the organization does not solicit money or fees from job applicants.
The Executive Director of Physician Compensation will manage the design, implementation, and maintenance of physician compensation plans. Responsibilities include analyzing and benchmarking compensation structures, ensuring compliance with regulatory standards, and collaborating with leadership to develop strategies for physician engagement and retention. The role requires working closely with human resources, finance, and legal teams to ensure seamless integration of compensation programs. This is a full-time, on-site position based in Salt Lake City, UT.
- Comprehensive expertise in compensation strategy, including data analysis, benchmarking, and compliance with regulatory standards.
- Strong leadership and project management abilities to oversee the design and implementation of physician compensation plans.
- Experience in healthcare operations and management, particularly in physician-focused organizational models.
- Exceptional analytical, problem-solving, and decision-making skills.
- Effective communication, negotiation, and interpersonal skills to collaborate with various stakeholders.
- Bachelor's degree in Business Administration, Finance, Healthcare Management, or a related field; advanced degree or certification is a plus.
- Proficiency in relevant software and systems for compensation analysis and modeling.
- Familiarity with legal and regulatory requirements related to healthcare compensation practices.