Manager-Physician Compensation - MG Executive Corporate

Summary

Leads the direction and management of BMG physician compensation and day-to-day operations, including overseeing physician compensation calculations and analytics and fair market value analyses.

Responsibilities

• Ensures administration of employed physician compensation is accurate, timely, and in compliance with contracted expectations.
• Works in coordination with BMG CEO, BMG CFO, BMG COO, Baptist's legal and compliance department, and other key stakeholders to develop physician compensation models.
• Works in close collaboration with BMG CEO and/or Senior Leadership team and/or selected corporate leadership designee(s) by providing fair market value over site for new contract development with internal analysis and third party experts as needed.
• Develops financial modeling for new services lines and new physician hires.
• Oversees development of analytics and reporting processes for employed physician compensation including internal and external benchmarking analysis and budget analysis.
• Leads the analysis and due diligence process, including the development of compensation models, for potential physician practice acquisitions and new services.
• Consults with System Director, Physician Compliance and Corporate Legal, as appropriate and needed, to address and/or resolve complex physician compensation and/or practice issues.
• Participates in the development and deployment of policies and procedures related to physician compensation.
• Performs other duties as assigned or directed.

Requirements, Preferences and Experience

• Master's degree in healthcare administration, finance or management required.
• 5 years of experience in finance or healthcare administration. Strong financial management and analytical skills. Physician practice experience a plus.
• Knowledge of healthcare regulations and laws to include but not limited to Stark, Fraud and Abuse, Anti-kickback, and IRS preferred
• Leadership skills and the ability to lead teams and/or projects across departments or entities.
• Strong computer skill set with Microsoft Office programs, particularly with Excel and experience using reports from health care financial management or clinical systems and database management systems.
• Excellent communication (both written and verbal) and organizational skills.
• Ability to maintain cooperative work relationships with Baptist Senior Leadership, BMG physician leaders and constituents, and other key stakeholders to drive change.

About Baptist Memorial Health Care

At Baptist, we owe our success to our colleagues, who have both technical expertise and a compassionate attitude. Every day they carry out Christ's three-fold ministry-healing, preaching and teaching. And, we reward their efforts with compensation and benefits packages that are highly competitive in the Mid-South health care community. For two consecutive years, Baptist has won a Best in Benefits award for offering the best benefit plans compared with their peer groups. Winners are chosen based on plan designs, premiums and the results of a Benefits Benchmarking Survey.

At Baptist, We Offer:

• Competitive salaries
• Paid vacation/time off
• Continuing education opportunities
• Generous retirement plan
• Health insurance, including dental and vision
• Sick leave
• Service awards
• Free parking
• Short-term disability
• Life insurance
• Health care and dependent care spending accounts
• Education assistance/continuing education
• Employee referral program

Job Summary:
Position: 14698 - Manager-Physician Compensation
Facility: BMG-Corporate
Department: MG Executive Corporate
Category: Leadership & Administration
Type: Non Clinical
Work Type: Full Time
Work Schedule: Days
Location: US:TN:Memphis
Located in the Memphis metro area