Director, Provider Compensation, (hybrid/remote)

Principal duties and responsibilities

• Provides leadership, perspective and recommendations for the development and implementation of innovative, market-competitive provider compensation and total rewards methodologies, using productivity and performance metrics, that are aligned with the strategic plan and financial objectives of the organization.
• Serves as a consultant/subject matter expert to the clinical enterprise on compensation and ensures that decisions are in alignment with the organization's compensation philosophy and business strategy.
• Counsels on the development and implementation of compensation and total rewards strategies, including incentive plans, to align with the evolving healthcare environment.
• Conducts provider job evaluations; analyzes job responsibilities, activities, duties, requirements, and organizational structure and recommends internal job placement in the appropriate level, title and FLSA classification.
• Leads market assessment efforts for provider administrative and leadership roles, conducts cost analysis, and routine reporting as needed.
• Leads the RFP process, implementation and maintenance of an automated Provider Compensation Payroll solution.
• Conducts market pricing, peer group selection, survey analyses, salary data interpretation, financial modeling, and special project research.
• Works with organizational stakeholders to provide consultative and direct negotiation services for Professional Service Agreements (PSAs) for various types of physician services.
• Leads preparation and presentation of annual provider compensation program overview to senior level leaders and board committees as needed.
• Leads the timely and accurate processing, administration, auditing and analysis of provider compensation in coordination with finance and other departments.
• Stays abreast of industry and regulatory changes that may impact the integrity of ChristianaCare’s provider compensation program.
• Makes pro-active recommendations that protect the financial viability of the program and mitigate compliance risk for the organization.
• Leads the development of policies and procedures that maintain compliance with all regulatory guidelines pertaining to provider compensation, including, but not limited to, fair market value and commercial reasonableness.
• Utilizes analytical, presentation, and facilitation skills to engage with leaders and providers to review, develop, and plan for implementation of provider compensation plans; puts forth recommendations to appropriate governance committees.
• Leads the development of provider compensation and business planning tools that aid in the presentation, understanding and communication of provider compensation models and principles.
• Represents ChristianaCare in national venues and contributes to the published literature of health system leadership in physician compensation reform and best practices.
• Ensures success of the provider compensation strategy through effective recruitment, selection, management, retention, and development of the Provider Compensation Team.
• Fosters a collaborative team-based environment that brings together multiple disciplines in pursuit of continuous improvement and employee engagement.

Education and experience requirements

• Bachelor's degree in a business-related field.
• Master's degree preferred.
• At least 7 years of relevant experience, with a focus on provider compensation and benefit administration and incentive design.