Position Summary The Director Compensation and Contracting is responsible for 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 requirement and financial sustainability The Director serves as a key advisor to executive leadership physician leaders legal counsel finance and operational stakeholders regarding provider compensation strategy contract administration retention productivity and fair market value compliance The role supports employed physicians across the various sites ambulatory practices specialty service lines and affiliated physician groups Essential Functions Physician Compensation Strategy Lead the development implementation and administration of physician compensation programsEnsure compensation models align with organizational goals strategic priorities physician engagement quality outcomes productivity and financial performanceEvaluate and recommend compensation methodologies including productivitybased and administrative compensation arrangementsConduct market analyses utilizing national physician compensation surveys and industry benchmarksDevelop recommendations regarding physician recruitment offers retention strategies leadership stipends call coverage arrangements medical directorships and incentive programsMonitor physician compensation trends and emerging healthcare industry practices Contracting and Provider Agreements Direct the review development negotiation support and administration of physician employment agreements and compensationrelated contract provisionsPartner with Legal Physician Recruitment Finance and Operational Leadership to facilitate timely contract executionOversee contract lifecycle management including renewals amendments compensation modifications and terminationsEnsure physician contracts accurately reflect approved compensation arrangements and organizational policiesMaintain contract templates standards and governance processes Compliance and Governance Lead biweekly compliance meetings with Committee to ensure physician compensation arrangements comply with applicable federal and state regulations including Stark Law AntiKickback Statute IRS requirements and other healthcare regulatory standardsCollaborate with Compliance and Legal departments to support audits investigations and regulatory reviewsEstablish governance processes for physician compensation review approval and documentationOversee fair market value and commercial reasonableness assessments for physician compensation arrangementsMaintain compensation policies procedures and approval workflows Financial Analysis and Reporting Direct financial modeling and compensation analyses supporting physician employment recruitment retention and strategic growth initiativesDevelop physician compensation budgets and forecasting methodologiesMonitor physician compensation expense trends and productivity performance Prepare executivelevel reports presentations dashboards and recommendations for senior leadership and governing committeesAnalyze provider productivity quality and incentive performance metrics Leadership and Team Management Lead and develop the Physician Compensation and Contracting teamEstablish departmental goals performance expectations and operational prioritiesPromote continuous improvement process optimization and operational excellenceFoster strong partnerships with physician leaders service line executives human resources legal finance compliance and operational teamsServe as a subject matter expert for physician compensation and contracting matters throughout the organization
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