AMVETS Jobs

Overview

In 2020, united in a fierce commitment to deliver the highest quality care and exceptional patient

experience, Virginia Mason and CHI Franciscan Health came together as natural partners to build a new

health system centered around the patient: Virginia Mason Franciscan Health. Our combined system

builds upon the scale and expertise of our nearly 300 sites of care, including 11 hospitals and nearly

5,000 physicians and providers. Together, we are empowered to make an even greater impact on the

health and well-being of our communities.

CHI Franciscan and Virginia Mason are now united to build the future of patient-centered care across the

Pacific Northwest. That means a seamlessly connected system offering quality care close to home. From

basic health needs to the most complex, highly specialized care, our patients can count on us to meet

their needs with convenient access to the region’s most prestigious experts and innovative treatments

and technologies.

Responsibilities

This position contributes to the organization by leading a compensation team that provides direction,

resources, and support to over 1600 Physicians and Advanced Practice Providers (APPs). The Director will

ensure that valuable information critical to the success of our business is being shared and executed

through the appropriate communications channels. The incumbent will act as a member of the Virginia

Mason Franciscan Health (VMFH) Physician Enterprise (PE) management team and will work closely with

VMFH PE executive leadership. The incumbent must have the ability to work effectively and

collaboratively in a diverse and multi-cultural environment. Work also includes the

development/implementation of competitive provider compensation plans/models/processes that meet

organizational objectives and engender a sustained competitive advantage for the organization.

ESSENTIAL KEY JOB RESPONSIBILITIES

● Leads the annual strategic planning process in developing a vision and operating plans for

provider compensation; provides expertise in the formulation of comprehensive compensation

strategies designed to meet VMFH’s PE growth strategy and service line strategies;

develops/recommends continual refinement of quality-based provider compensation

structures/models to support the established strategies and evolving environment of

accountable care and value-based reimbursement.

● Keeps abreast of prevailing standards/models of provider compensation, new/changing

regulatory requirements, key production benchmarks, value-based care models/metrics and

competitive industry practices as well as organizational initiatives with the potential to impact

current strategies; researches, develops and implements best practices in the utilization of

value-based metrics, as a means to proactively prepare and respond to the environment of

accountable care and value-based reimbursement; monitors provider engagement/satisfaction

with VMFH PE compensation approach and structure.

● Monitors/evaluates the performance of current provider compensation models/practices in

producing desired results; ensures that compensation practices are audited periodically and that

variances/deficiencies are timely identified and addressed; identifies root cause(s) of

issues/performance shortfalls and viable opportunities for improvement.

● Develops, recommends and/or oversees implementation of new/revised

policies/procedures/models to respond to changing priorities, business objectives or competitive

pressures and/or assure consistency/compliance with applicable legal/regulatory requirements;

assures transparency and timely execution/communication of changes to current

standards/models.

● Oversees activities relating to the timely and accurate compensation/payroll, accounting and

financial reporting for the provider compensation program; oversees the calculation, tracking

and reporting of key performance indicators relating to provider compensation (e.g. productivity,

value-based metrics, etc.); ensures that accurate and timely payroll calculations and timely

payments are made for all VMFH PE employed providers; ensures all internal processes are fully

documented, understood and followed in accordance with established procedures.

● Leads the development and implementation of methodologies for tracking non-wRVU activities

for which providers are compensated; assures that wRVU data for provider compensation

calculation purposes is accurate, contains all relevant modifications and that value-based metrics

are updated and processed in a timely manner; oversees the process for quarterly provider

compensation resets.

● Oversees the tracking of expenditures and benchmarks compensation information to both

internal and external sources, including CommonSpirit, MGMA and ECG comparative databases;

monitors the accuracy and fair market value of provider compensation for VMFH PE affiliates

under professional services agreements;

● Reviews and analyzes requests for modifications to current provider compensation models for

appropriate alignment with VMFH PE and CommonSpirit policy/goals; submits requests for

policy updates as appropriate to foster a competitive and equitable provider compensation

program.

● Establishes and maintains a close relationship with National compensation leadership to assure

that the VMFH PE program is in alignment with, and is effectively supporting, the overall

organizational standards and policies of CommonSpirit; manages the checklist process for new

providers to assure compliance with CommonSpirit National fair market value standards;

advocates for transparent compensation standards and the commercial reasonableness of all

provider compensation models that support VMFH financial and quality goals.

● Participates in various VMFH PE Compensation Committees as well as other relevant

decision-making bodies.

● Supervises day-to-day operations of members of the Provider Compensation team. Manage staff

workload balance, promote teamwork, coach staff to promote professional development,

manage clear expectations and provide regular and ongoing feedback.

May be required to perform other duties as assigned.

Qualifications

Education:

Bachelor’s degree in a discipline related to the duties of the

position, and six years of related healthcare work experience that

would demonstrate attainment of the requisite job

knowledge/abilities, including three years in a management

capacity.

Master’s degree in a discipline related to the duties of the position

is preferred.

Required Minimum Knowledge, Skills, Abilities, and Training:

Knowledge of the principles, standards, practices and

administrative tools relating to provider compensation.

● Ability to lead the development of appropriate

compensation package recommendations based on

applicable benchmark metrics and influenced by practice

type/specialty and other relevant factors.

● Computer proficiency with experience in Microsoft Office

and Excel.

● Must be a strong self-starter and can work and make

independent decisions with minimum direction.

● Must be a motivated leader with excellent interpersonal,

written and verbal communication skills.

Experience utilizing cloud based tools like Google Workspace.

Pay Range

$54.12 - $78.47 /hour

We are an equal opportunity/affirmative action employer.