Manager Provider Compensation

Franciscan Medical Group; Tacoma (WA); On-site; USD 120,000 - 180,000; Full time

Job summary

Virginia Mason Franciscan Health is seeking a Manager Provider Compensation to lead the team in developing, implementing, administering, and reviewing provider compensation programs for the organization with a substantial financial scope.

You will supervise staff daily, ensure accurate processes for compensation modeling, FMV reviews, and compliant payments, while partnering with legal, contracting, and senior leadership on strategic initiatives and risk management.

Qualifications

• Bachelor's degree in Healthcare Administration, Accounting, Finance or related field with five years of related experience.
• At least three years in a supervisory or management role.
• Master's degree preferred in a related discipline.

Responsibilities

• Oversees provider compensation operations, ensuring timely payroll, accounting, financial reporting, compensation calculations, wRVU data, and value-based metrics.
• Leads compensation reporting, reconciliation, and modeling, including quarterly resets, reconciliations, forecasting, budgeting and analysis.
• Ensures data accuracy and quality, overseeing wRVU validation, non-wRVU activity tracking, payroll audits, benchmarking and variance resolution.
• Manages provider compensation workflows and systems, coordinating setup with Accounting and Recruitment, overseeing time tracking and onboarding issues.
• Ensures compliance with regulatory standards and internal procedures, including contract terms and fair market value standards; escalates risks.
• Leads and develops the Provider Compensation team with training, mentoring and performance management.

Education

Bachelor's degree in Healthcare Administration, Accounting, Finance or related field

Master's degree preferred in a related discipline

Job description

Job Summary and Responsibilities

As our Manager Provider Compensation, you will lead the team in developing, implementing, administering, and reviewing provider compensation programs and agreements for the organization, encompassing significant financial scope.

Every day you will directly supervise staff, ensuring accurate and efficient processes for compensation and productivity modeling. You will also manage fair market value (FMV) processes, partner with legal and contracting teams on employment agreements, and collaborate with senior leadership on strategic compensation initiatives. You will participate in negotiations, oversee complex modeling, and ensure timely, accurate, and compliant payments.

To be successful in this role, you will demonstrate strong leadership in compensation management, expert knowledge of relevant financial processes and regulations, and a proven ability to lead analytical projects and collaborate strategically with diverse stakeholders for optimal outcomes.

• Oversees provider compensation operations, ensuring timely and accurate payroll, accounting, financial reporting, compensation calculations, wRVU/productivity data, value-based metrics, and payment arrangements in accordance with provider contracts.
• Leads compensation reporting, reconciliation, and modeling, including quarterly compensation resets, draw pay reconciliations, reimbursement modeling, forecasting, budgeting, and analysis of provider compensation metrics across service lines.
• Ensures data accuracy and quality, overseeing wRVU validation, non-wRVU activity tracking, provider payroll audits, compensation calculations, benchmarking, quality control processes, and identification and resolution of variances or deficiencies.
• Manages provider compensation workflows and systems, coordinating provider setup with Accounting and Recruitment, overseeing processes for medical directorships, call time tracking, provider builds and reporting, and troubleshooting onboarding or system issues.
• Ensures compliance with regulatory and organizational standards, including provider contract terms, applicable regulations, CommonSpirit National fair market value standards, VMFH policies, internal procedures, and established compensation guidelines; escalates issues and keeps leadership informed of risks and concerns.
• Leads and develops the Provider Compensation team, overseeing staff responsible for financial analysis, modeling, reconciliation and compensation processing; provides training, mentoring and performance management while directing ad hoc analyses, projects, and department resources to support organizational and financial objectives.

Job Requirements

Required

• Bachelors Other in Healthcare Administration, Accounting, Finance or related field and five years of progressively responsible related work experience that would demonstrate attainment of the requisite job knowledge/abilities, upon hire and
• Three years in a supervisory or management capacity.
• None, upon hire

Preferred

• Masters Other in a related discipline and Work experience in a large integrated medical group, upon hire

Where You'll Work

Virginia Mason Franciscan Health has a rich history of providing exceptional healthcare, dating back to 1891. Building upon a legacy of compassionate care and innovation, our organization has evolved through strategic partnerships and integrations to expand our reach and services across the Puget Sound area.

Today, as Virginia Mason Franciscan Health, we remain deeply committed to healing the whole person - body, mind, and spirit - in the communities we serve. This commitment is strengthened by the diverse expertise and shared values brought together through our growth.

Our dedicated providers offer a full spectrum of health care services, from routine wellness to complex disease management, all grounded in rigorous research and education. Our comprehensive network of 10 hospitals and nearly 300 care sites strategically located across the greater Puget Sound region reflects our ongoing commitment to accessibility and comprehensive care.

We are proud of our pioneering medical advances and numerous awards and accreditations that reflect our dedication to excellence. When you join Virginia Mason Franciscan Health, you become part of a team that delivers top-quality, professional healthcare in modern, well-equipped facilities, and contributes to a legacy of service built on collaboration and shared purpose.