MANAGER, PHYSICIAN COMPENSATION - PHYSICIAN COMPENSATION

$113,506 - $187,283/Yr

Cedars-Sinai - Los Angeles, CA

Full-time - Manager

Los Angeles, CA

Hospitals

About the position

The Manager of MN Physician Compensation supports the Director in managing the compensation review and reconciliation process across all medical groups, including those under HHP. This position is responsible for maintaining and making recommendations related to physician compensation plans, ensuring fair market value and legal compliance with company policies, state and federal regulations. The role includes supervising payroll-related functions for physicians and mentoring staff in data analysis and implementation of compensation and payroll processes.

Responsibilities

• Assist in the development and evaluation of physician compensation strategies and models that align with financial and organizational objectives.
• Supervise the implementation of physician compensation plans.
• Work with executive management, legal counsel, and human resources to develop new agreements and revise existing agreements.
• Serve as a representative on all group compensation committees to provide support and mentorship.
• Maintain the database of existing agreements and handle communication of changes with financial or budgetary impact.
• Manage payments made to contracted physicians as outlined in individual contracts.
• Oversee monthly charge backs related to medical director and administrative duties performed by employed physicians.
• Perform financial modeling, conduct internal valuations, and acquire external valuations for compliance with policies and regulations.
• Act as a communication liaison with various departments including Medical Network Leadership, Business Development, and Human Resources.
• Manage scheduled changes to compensation as indicated in Employment Agreements.
• Ensure timely notification of compensation issues and changes.
• Work closely with physician recruitment and leadership to ensure market competitiveness of compensation programs.
• Coordinate audits of salary changes within each specialty to ensure conformance with guidelines.
• Manage the Physician Payroll process, including oversight of HR/Payroll vendors and ensuring compliance with laws and ordinances.

Requirements

• Bachelor's degree in Healthcare, Business Administration, or related field required.
• Master's degree preferred.
• Five (5) years of experience in Healthcare Finance and physician compensation.