What are the responsibilities and job description for the Manager, Provider Compensation position at The Rector & Visitors of the University of Virginia?
Manager Provider Compensation
Position is hybrid and requires some on-site presence. Ideal candidates will have either a strong compensation background, or financial analyst experience. Strong interpersonal communication skills are required.
Job Code: MG1090
The Manager, Provider Compensation is responsible for oversight, leadership and technical direction to administer Physician and Advanced Practice Provider compensation employment arrangements in accordance with Physician Employment Agreements and UVA Community Health policies. Additionally, the manager is responsible for aligning compensation programs with recruitment & growth strategies to attract quality candidates.
ABOUT US
We are welcoming a new era in healthcare where achieving good health is just the beginning. At UVA Health Northern VA & Culpeper, we believe in caring for the whole person by getting to know - and making connections with - our patients. By combining the talent and expertise of our people, the breadth of capabilities across our system, and our commitment to helping our communities get better and stay healthy, we are improving the patient experience.
As a UVA Health Northern VA & Culpeper team member, you will have a voice in patient care decisions, support the most advanced medical technologies and feel a strong sense of satisfaction from making a difference in people's lives every day.
JOB TYPE
Classification: Exempt
Supervises Positions:Yes
JOB SUMMARY
The Manager, Provider Compensation is responsible for oversight, leadership and technical direction to administer Physician and Advanced Practice Provider compensation employment arrangements in accordance with Physician Employment Agreements and UVA Community Health policies. Additionally, the manager is responsible for aligning compensation programs with recruitment & growth strategies to attract quality candidates.
The Manager will report directly to the Chief Operations and Growth Officer for UVA Community Health Medical Group (UVACH MG) and work in dyad partnerships. Serves as a liaison between departments and provides consultation to key stakeholders on key provider compensation projects, financial impacts, contracting, quality and performance.
Responsibilities include
- Perform provider compensation modeling and analyses. Make recommendations for compensation model structures and rates in all markets of the UVA Community Health Medical Group that are compliant with applicable regulations and Fair Market value principles.
- Monitor effectiveness of existing compensation practices and recommends changes that are consistent with compensation trends, system objectives and stewardship.
- Facilitate answers to complex problems of a diverse scope where in-depth analysis and evaluation is required.
- Work in a business partner relationship with designated UVACH MG Senior Leadership, Directors, and Managers.
- Provide compensation support to Physicians and APPs within the UVA Community Health Medical Group, including one-on-one meetings with providers to review productivity and compensation.
- Complete compensation analysis related to each provider new hire.Prepare provider employment offer for approval. Ensure all components of offer are accurate and timely.
- Develop educational tools to assist in the communication of compensation principles and processes, as well as policies and procedures for staff and Operations. Develop reports and dashboards to communicate data-driven insights. Tailor education and communication strategies to ensure understanding and as mechanisms to support collaboration.
- Provide input to new strategies, policies and procedures for provider compensation, and applies appropriate approaches for each market and specialty.
- Evaluate current compensation models, monitor industry trends, to evaluate competitiveness within and across the market. Supports creative solutions to compensation related programs and incentive plans.
- Collect and consolidate data related to compensation including but not limited to financial, productivity, and quality, from various sources, including electronic health records (EHR), databases, and external datasets.
- Review and analyze physician productivity to ensure accuracy for physician compensation calculations
- Designs and implements a standard process for productivity & compensation report distribution and mechanisms to support transparency within specialties.
- Validate data integrity related to compensation and contracts. Identify and rectify inconsistencies or errors.
- Interpret analysis results and present findings to support informed decision-making.
- Duties are also inclusive of new programs, integration, mergers/acquisitions.
- Other duties as applicable as assigned
Analysis:Analyzes processes and creates deliverables to provide information and recommendations for improvements.
- Breaks down problems and issues into sub-components and assesses the costs, benefits, and risks of various options.
- Is able to select and recommend the best solution based on a thorough examination of all considerations.
- Is able to explain and justify actions in a systematic and logical fashion.
Communication:Shares and receives information using clear oral, written, and interpersonal communication skills.
- Demonstrates effective written and oral communication skills.
- Actively listens, provides constructive feedback, and demonstrates respect for differing views.
- Tailors communications to diverse audiences.
Quality Improvement:Demonstrates involvement in the unit's annual and/or periodic assessment efforts, including efforts to improve the quality services.
- Understands the value of innovation and quality improvement.
- Improves processes and practices by identifying inefficiencies and redundancies.
- Demonstrates efficiency and quality in one's own work.
Customer Service:Builds relationships and maintains strategic partnerships with key internal and external stakeholders.
- Understands the importance of quality service.
- Is able to adjust and adapt service delivery to diverse customer needs and sensitivities.
- Frequently suggests and implements changes to improve the quality of service.
Financial Management:Manages tasks and resources within the department to achieve quality and meet budget requirements.
- Ensures that financial and material resources are used effectively and efficiently.
- Leverages resources to maximize utility and return on investment (ROI).
- Implements measures to minimize theft, damage, or equipment breakdown.
The incumbent may be asked to perform additional duties as assigned.
QUALIFICATIONS
Education: Bachelor's degree in business administration, finance, accounting, or related field. Master degree preferred.
Experience: Minimum of three (3) years progressive work experience in financial analysis, accounting and/or auditing within a healthcare environment.Experience in physician compensation environments.
Refer to the Life Support Training Policy.
Licensure:
Additional Skills/Requirements Required:
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- Additional Skills/Requirements Preferred: Advanced skill level in Microsoft Office (Excel and Teams)
PHYSICAL DEMANDS
Physical Demand Code:3A, Administration
Work Function/Activity:Sedentary to Light Physical Demand
The job requires frequent sitting and standing, occasional walking, and bending/stooping. Frequent repetitive arm, hand, and finger movements. Proficient communicative, auditory, and visual skills. Attention to detail and ability to write legibly. Ability to lift/push/pull up to 20 lbs. occasionally. This job description may not include all assigned duties, responsibilities, or aspects of the job described. It may be amended at any time at the sole discretion of UVA Health Northern VA & Culpeper.
OTHER
- May require the use of safety equipment, such as HEPA mask, for infection prevention: Yes
- On call responsibilities as directed: No
- Ability to travel between campus buildings, remote facilities, and out of town as needed: Yes
The University of Virginia, including the UVA Health System which represents the UVA Medical Center, Schools of Medicine and Nursing, UVA Physician's Group and the Claude Moore Health Sciences Library, are fundamentally committed to the diversity of our faculty and staff. We believe diversity is excellence expressing itself through every person's perspectives and lived experiences. We are equal opportunity and affirmative action employers. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender identity or expression, marital status, national or ethnic origin, political affiliation, race, religion, sex (including pregnancy), sexual orientation, veteran status, and family medical or genetic information.
The University of Virginia, including the UVA Health System which represents the UVA Medical Center, Schools of Medicine and Nursing, UVA Physician’s Group and the Claude Moore Health Sciences Library, are fundamentally committed to the diversity of our faculty and staff. We believe diversity is excellence expressing itself through every person's perspectives and lived experiences. We are equal opportunity and affirmative action employers. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender identity or expression, marital status, national or ethnic origin, political affiliation, race, religion, sex, pregnancy, sexual orientation, veteran or military status, and family medical or genetic information.
