Director, Physician Compensation

Related keywords: remote job financedata analytics remote jobremote job in healthcare

Job Overview

OneOncology is an innovative organization dedicated to revolutionizing cancer care through a patient-centric, physician-driven, and technology-powered model. The company strives to improve the lives of individuals living with cancer by empowering community oncologists. As part of its mission, OneOncology is looking for a Director of Physician Compensation who will play a pivotal role in enhancing and managing compensation programs for physicians and advanced practice providers (APPs).

Responsibilities

The Director, Physician Compensation will report to the Senior Director of Financial Planning & Analysis (FP&A). Their primary responsibilities include:

• Design and Implementation: Overseeing the creation and ongoing management of compensation programs tailored for both physicians and APPs.

• Budgeting and Forecasting: Producing monthly reconciliations and trend analyses, while developing budgets and financial forecasts to align with the organization's long-term goals.

• Collaboration: Partnering with physician and APP leadership to ensure that all compensation programs are transparent and perceived as fair. Furthermore, they will act as a liaison among physician leadership, HR, legal, and finance teams to guarantee consistent practices across departments.

• Compensation Models: Overseeing the development, calculations, and evaluations associated with physician compensation models and incentive plans, especially for a multi-market multi-specialty organization.

• Workflow Optimization: Leveraging technology and automation to enhance compensation workflows, ensuring data integrity throughout the process.

• Analytics and Reporting: Leading efforts in compensation analytics and reporting, including reviewing contracts and managing audit processes.

• Presentation Preparation: Preparing insightful presentations and recommendations for executive and market leadership to aid in strategic decision-making.

• Budget Preparation: Assisting in budget preparation and planning specifically related to physician compensation.

• Ad-hoc Analysis: Conducting various analyses requested by market leaders to facilitate decision-making regarding compensation.

• Compliance: Ensuring compliance with HIPAA regulations, safeguarding patient information, and adhering to security protocols.

Key Competencies

The ideal candidate should exhibit exceptional skills in several key areas:

• Communication: Strong skills in communication and relationship management are essential. The ability to interact positively with various stakeholders and demonstrate the value of compensation programs is crucial.

• Analytical Skills: Expertise in Excel and PowerPoint is necessary for preparing and organizing presentations and reports accurately.

  ---

• Organizational Skills: The role demands exceptional organization skills to manage multiple tasks efficiently while meeting deadlines.

• Remote Collaboration: Proficiency in using remote collaboration tools such as video conferencing software, instant messaging platforms, and customer relationship management systems will facilitate effective teamwork.

Required Qualifications

To be considered for the Director, Physician Compensation, candidates should meet the following qualifications:

• Education: A Bachelor's Degree in Business Administration, Healthcare Administration, Finance, or a related field.

• Experience: A minimum of 7 years’ progressive experience in physician compensation or healthcare finance, with at least 5 years in a leadership capacity within a complex healthcare organization.

• Financial Acumen: A strong understanding of financial principles and a proficiency in data modeling and financial analysis is vital.

• Regulatory Knowledge: Familiarity with healthcare regulations affecting provider compensation is required.

• Project Leadership: Proven experience in leading complex projects and influencing senior leaders in a matrixed healthcare environment.

• Business Intelligence Tools: Experience with Power BI, Tableau, or similar business intelligence tools is advantageous, though not mandatory.

Job Location and Work Environment

This position will be based in the United States, allowing for a flexible work environment that encourages collaboration among a diverse team. The organizational culture at OneOncology values startup enthusiasm while being backed by industry leaders in oncology, technology, and finance, making it an exciting opportunity for career growth and personal development.

Conclusion

The Director of Physician Compensation role at OneOncology presents an exciting opportunity for candidates passionate about enhancing healthcare delivery through robust compensation strategies. With a strong emphasis on collaboration and transparency, this position plays a critical role in supporting community oncologists and enhancing the organization’s mission to improve the lives of those affected by cancer. This position also boasts a full-time contract type and offers a comprehensive benefits package typical of senior operational roles. Job seekers with the necessary skills and the ambition to make meaningful changes in healthcare will find this role especially rewarding.

This job offer was originally published on himalayas.app