Manager, Provider Compensation

UVA Health Northern Virginia & Culpeper•Manassas, VA

4d•Hybrid

About The Position

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.

Requirements

Bachelor’s degree in business administration, finance, accounting, or related field.
Minimum of three (3) years progressive work experience in financial analysis, accounting and/or auditing within a healthcare environment.
Experience in physician compensation environments.
Strong analytical and problem-solving skills, proven project management, problem-solving, critical thinking, and decision-making abilities.
Polished communication skills. Ability to explain complex financial issues, deliver difficult communications, and educate leadership, clinicians, and Administration. Comfort with working directly with physicians and APPs and multiple levels within and across the organization.
Knowledge of federal, state and local regulations and compliance requirements, and ability to interpret, explain and apply knowledge to policies and requirements.
Ability to work within deadlines with high degree of detail and to work independently in a fast paced, dynamic environment

Nice To Haves

Master degree preferred.
Advanced skill level in Microsoft Office (Excel and Teams)

Responsibilities

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
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.
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.
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.
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.
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.