Senior Provider Compensation Manager

Socket.dev; Tacoma (WA); On-site; USD 120,000 - 160,000; 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 and agreements for the organization, encompassing a broad financial scope.

You will directly supervise staff, ensure accurate payroll and compensation processes, manage FMV evaluations, partner with legal and contracting on employment agreements, and collaborate with senior leadership on strategic compensation

Qualifications

• Bachelor's degree in Healthcare Administration, Accounting, Finance or related field with 5 years of related experience.
• Three years in a supervisory or management capacity.
• None, upon hire

Responsibilities

• Oversees provider compensation operations including 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.

Skills

Compensation operations

Financial modeling

Supervisory leadership

Education

Bachelor's degree in Healthcare Administration/Accounting/Finance

Master's degree in related discipline

Job description

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

You will directly supervise staff, ensure accurate payroll and compensation processes, manage FMV evaluations, partner with legal and contracting on employment agreements, and collaborate with senior leadership on strategic compensation