Director Provider Compensation Physician Enterprise - NW Mar

Overview

In 2020, united in a fierce commitment to deliver the highest quality care and exceptional patientexperience, Virginia Mason and CHI Franciscan Health came together as natural partners to build a newhealth system centered around the patient: Virginia Mason Franciscan Health. Our combined systembuilds upon the scale and expertise of our nearly 300 sites of care, including 11 hospitals and nearly5,000 physicians and providers. Together, we are empowered to make an even greater impact on thehealth and well-being of our communities.CHI Franciscan and Virginia Mason are now united to build the future of patient-centered care across thePacific Northwest. That means a seamlessly connected system offering quality care close to home. Frombasic health needs to the most complex, highly specialized care, our patients can count on us to meettheir needs with convenient access to the region’s most prestigious experts and innovative treatmentsand technologies.

Responsibilities

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 willensure that valuable information critical to the success of our business is being shared and executedthrough the appropriate communications channels. The incumbent will act as a member of the VirginiaMason Franciscan Health (VMFH) Physician Enterprise (PE) management team and will work closely withVMFH PE executive leadership. The incumbent must have the ability to work effectively andcollaboratively in a diverse and multi-cultural environment. Work also includes thedevelopment/implementation of competitive provider compensation plans/models/processes that meetorganizational 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 forprovider compensation; provides expertise in the formulation of comprehensive compensationstrategies designed to meet VMFH’s PE growth strategy and service line strategies;develops/recommends continual refinement of quality-based provider compensationstructures/models to support the established strategies and evolving environment ofaccountable care and value-based reimbursement.

● Keeps abreast of prevailing standards/models of provider compensation, new/changingregulatory requirements, key production benchmarks, value-based care models/metrics andcompetitive industry practices as well as organizational initiatives with the potential to impactcurrent strategies; researches, develops and implements best practices in the utilization ofvalue-based metrics, as a means to proactively prepare and respond to the environment ofaccountable care and value-based reimbursement; monitors provider engagement/satisfactionwith VMFH PE compensation approach and structure.● Monitors/evaluates the performance of current provider compensation models/practices inproducing desired results; ensures that compensation practices are audited periodically and thatvariances/deficiencies are timely identified and addressed; identifies root cause(s) ofissues/performance shortfalls and viable opportunities for improvement.● Develops, recommends and/or oversees implementation of new/revisedpolicies/procedures/models to respond to changing priorities, business objectives or competitivepressures and/or assure consistency/compliance with applicable legal/regulatory requirements;assures transparency and timely execution/communication of changes to currentstandards/models.● Oversees activities relating to the timely and accurate compensation/payroll, accounting andfinancial reporting for the provider compensation program; oversees the calculation, trackingand reporting of key performance indicators relating to provider compensation (e.g. productivity,value-based metrics, etc.); ensures that accurate and timely payroll calculations and timelypayments are made for all VMFH PE employed providers; ensures all internal processes are fullydocumented, understood and followed in accordance with established procedures.● Leads the development and implementation of methodologies for tracking non-wRVU activitiesfor which providers are compensated; assures that wRVU data for provider compensationcalculation purposes is accurate, contains all relevant modifications and that value-based metricsare updated and processed in a timely manner; oversees the process for quarterly providercompensation resets.● Oversees the tracking of expenditures and benchmarks compensation information to bothinternal and external sources, including CommonSpirit, MGMA and ECG comparative databases;monitors the accuracy and fair market value of provider compensation for VMFH PE affiliatesunder professional services agreements;● Reviews and analyzes requests for modifications to current provider compensation models forappropriate alignment with VMFH PE and CommonSpirit policy/goals; submits requests forpolicy updates as appropriate to foster a competitive and equitable provider compensationprogram.● Establishes and maintains a close relationship with National compensation leadership to assurethat the VMFH PE program is in alignment with, and is effectively supporting, the overallorganizational standards and policies of CommonSpirit; manages the checklist process for newproviders to assure compliance with CommonSpirit National fair market value standards;

advocates for transparent compensation standards and the commercial reasonableness of allprovider compensation models that support VMFH financial and quality goals.● Participates in various VMFH PE Compensation Committees as well as other relevantdecision-making bodies.● Supervises day-to-day operations of members of the Provider Compensation team. Manage staffworkload 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 theposition, and six years of related healthcare work experience thatwould demonstrate attainment of the requisite jobknowledge/abilities, including three years in a managementcapacity.

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 andadministrative tools relating to provider compensation.● Ability to lead the development of appropriatecompensation package recommendations based onapplicable benchmark metrics and influenced by practicetype/specialty and other relevant factors.● Computer proficiency with experience in Microsoft Officeand Excel.● Must be a strong self-starter and can work and makeindependent 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.