Director, Physician Compensation
About the role
The Director Compensation and Contracting leads the strategic leadership, administration, and governance of physician compensation programs and provider employment contracting across the organization. The role oversees the design, implementation, analysis, and management of physician compensation arrangements and employment arrangements to ensure alignment with organizational objectives, market competitiveness, regulatory requirements, and financial sustainability.
Responsibilities
- Lead the development, implementation, and administration of physician compensation programs.
- Evaluate and recommend compensation methodologies, including productivity-based and administrative compensation arrangements.
- Conduct market analyses utilizing national physician compensation surveys and industry benchmarks.
- Develop recommendations regarding physician recruitment offers, retention strategies, leadership stipends, call coverage arrangements, medical directorships, and incentive programs.
- Maintain contract templates, standards, and governance processes.
- Oversee contract lifecycle management, including renewals, amendments, compensation modifications, and terminations.
- Ensure physician contracts accurately reflect approved compensation arrangements and organizational policies.
- Support employed physicians across the various sites, ambulatory practices, specialty service lines, and affiliated physician groups.
- Direct the review, development, negotiation support, and administration of physician employment agreements and compensation-related contract provisions.
- Partner with Legal, Physician Recruitment, Finance, and Operational Leadership to facilitate timely contract execution.
- Establish governance processes for physician compensation review, approval, and documentation.
- Oversee fair market value and commercial reasonableness assessments for physician compensation arrangements.
- Maintain compensation policies, procedures, and approval workflows.
- Direct financial modeling and compensation analyses supporting physician employment, recruitment, retention, and strategic growth initiatives.
- Develop physician compensation budgets and forecasting methodologies.
- Monitor physician compensation expense trends and productivity performance.
- Prepare executive-level reports, presentations, dashboards, and recommendations for senior leadership and governing committees.
- Analyze provider productivity, quality, and incentive performance metrics.
- Lead and develop the Physician Compensation and Contracting team.
- Establish departmental goals, performance expectations, and operational priorities.
- Promote continuous improvement, process optimization, and operational excellence.
- Foster strong partnerships with physician leaders, service line executives, human resources, legal, finance, compliance, and operational teams.
- Serve as a subject matter expert for physician compensation and contracting matters throughout the organization.
Qualifications
- Bachelor's degree in human resources, Finance, Business Administration, Healthcare Administration, Accounting, or related field required.
- Master's degree preferred.
- Seven to ten years of progressively responsible experience in physician compensation, healthcare consulting, provider contracting, healthcare finance, physician practice management, or related healthcare administration.
- Minimum of five years of leadership experience.
- Experience supporting employed physician groups within a large healthcare system, academic medical center, or integrated delivery network preferred.
- Demonstrated experience with physician compensation plan design and provider contract administration.
Skills and Abilities
- Extensive knowledge of physician compensation methodologies and market survey data.
- Strong understanding of healthcare regulatory requirements, including Stark Law, Anti-Kickback Statue, fair market value and commercial reasonableness standards.
- Expertise in financial analysis, compensation modeling, and healthcare operations.
- Strong executive presence and ability to influence senior leaders and physician stakeholders.
- Excellent negotiation, presentation, and communication skills.
- Advanced proficiency with compensation analytics, physician productivity metrics, and healthcare reporting.
- Ability to manage multiple priorities in a complex and regulated environment.
Benefits
Atlantic Health offers a competitive and comprehensive Total Rewards package that supports the health, financial security, and well-being of all team members. Offerings vary based on role level (Team Member, Director, Executive).
Pay
$230,899–$319,761 base salary only; excludes leadership incentive.
Schedule
N/A
Benefits
Medical, Dental, Vision, Prescription Coverage (22.5 hours per week or above for full-time and part-time team members)
Life & AD&D Insurance
Short-Term and Long-Term Disability (with options to supplement)
403(b) Retirement Plan: Employer match, additional non-elective contribution
PTO & Paid Sick Leave
Tuition Assistance, Advancement & Academic Advising
Parental, Adoption, Surrogacy Leave
Backup and On-Site Childcare
Well-Being Rewards
Employee Assistance Program (EAP)
Flexible Spending & Commuter Accounts
Pet, Home & Auto, Identity Theft and Legal Insurance