Director of Provider Compensation
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Cooper Norcross University Hospital
Camden, NJ, US
Summary
The Director of Provider Compensation oversees the design, implementation, and evaluation of physician compensation models to ensure compliance and alignment with organizational strategy. They lead the compensation team, manage budgetary responsibilities, and provide data-driven insights to senior leadership.
Job Description
About Us
At Cooper University Health Care, our commitment to providing extraordinary health care begins with our team. Our extraordinary professionals are continuously discovering clinical innovations and enhanced access to the most up-to-date facilities, equipment, technologies and research protocols. We have a commitment to our employees to provide competitive rates and compensation programs. Cooper offers full and part-time employees a comprehensive benefits program, including health, dental, vision, life, disability, and retirement. We also provide attractive working conditions and opportunities for career growth through professional development.
Discover why Cooper University Health Care is the employer of choice in South Jersey.
Short Description
The Director Provider Compensation administers, coordinates and evaluates the Physician Compensation Program for Cooper Healthcare. Aligns Sr. Physician Leadership strategy with the core operations of the Physician Compensation program.
Strategic Leadership & Vision:
- Lead and develop the Provider Compensation team, aligning compensation programs with recruitment and growth strategies.
- Collaborate with senior leadership, including Finance and Physician senior leadership, to develop and implement compensation strategies that support organizational objectives.
- Provide input on new strategies, policies, and procedures for provider compensation, ensuring they are tailored to each market and specialty.
Compensation Model Management:
- Design, oversee, and analyze provider compensation models, ensuring they are commercially reasonable, compliant with regulations, and consistent with fair market value.
- Monitor and evaluate the effectiveness of existing compensation practices, assessing changes to align with industry trends and organizational goals.
- Perform compensation modeling and analyses, making data-driven analysis for compensation structures and rates across various markets.
- Prepare and validate provider contract request forms, ensuring accuracy and timely approval.
Data Analysis & Reporting:
- Develop reports, dashboards, and educational tools to communicate compensation principles, processes, and data-driven insights to staff and operations.
- Collect, consolidate, and analyze data related to compensation, including financial, productivity, and quality metrics, ensuring data integrity and rectifying inconsistencies.
- Design and implement standardized processes for productivity and compensation report distribution, supporting transparency and informed decision-making.
Regulatory Compliance & Fair Market Value:
- Ensure all provider compensation arrangements are aligned with fair market value principles and comply with federal and state regulations.
- Monitor industry trends and regulatory changes, making recommendations to ensure competitive and compliant compensation practices.
Operational & Budgetary Oversight:
- Manage day-to-day budgetary responsibilities, ensuring efficient use of resources and adherence to financial requirements.
- Develop and maintain productive relationships with internal and external stakeholders, optimizing operations and supporting quality improvement initiatives.
- Support new programs, integration efforts, and mergers/acquisitions, providing analysis and recommendations for continuous improvement.
General Responsibilities:
- Perform related duties as required, including participating in quality improvement initiatives and customer service enhancements.
- Exercise independent judgment in decision-making, analysis, and problem-solving, ensuring systematic and logical approaches to challenges.
Tailor communication strategies to diverse audiences, providing clear, concise, and respectful information exchange.
Experience Required
Minimum of 7 years’ experience in accounting with direct healthcare or public accounting experience preferred.
Management experience required or demonstrated through previous job experience and responsibilities.
Education Requirements
Bachelors of Science in Accounting or Finance required, MBA degree preferred.
Salary Min ($)
USD $52.00
Salary Max ($)
USD $86.00
Cooper University Health Care is the leading academic health system in South Jersey and provides access to primary, specialty, tertiary, and urgent care, all within one complete health system. Cooper has nearly 14,000 team members including 1,600 nurses, more than 1,000 employed physicians representing 95 specialties and subspecialties, and more than 600 advanced practice professionals. Hospitals throughout the region send their most complex and critically ill and injured to Cooper for treatment by our highly skilled experts.
Ranked year after year by U.S. News & World Report as one of the top health systems in the Philadelphia Metro area, Cooper is consistently recognized for its quality, safety, and exceptional patient care.
Cooper has three hospitals: South Jersey’s only Level I trauma center, Cooper University Hospital in Camden, which is the busiest trauma center in the Philadelphia region; Cooper University Hospital Cape Regional in Cape May Court House, and Children’s Regional Hospital at Cooper, which is the only Level II pediatric trauma center in the Delaware Valley. Cooper is also home to a leading cancer center (MD Anderson Cancer Center at Cooper), six urgent care centers, and more than 130 outpatient offices from the Delaware River to the Jersey Shore, including large regional hubs in Camden, Cherry Hill, Moorestown, Voorhees, Willingboro, and Sewell.
Cooper University Health Care is affiliated with – and its physicians make up the faculty of – Cooper Medical School of Rowan University, which is located on the Cooper Health Sciences Campus in Camden, New Jersey. Cooper has a long history in the City of Camden and is playing a leading role in its revitalization.
Founded
1887
Company size
10,001+ employees
Industry
Hospitals and Health Care
Org type
Nonprofit
Headquarters
Camden, NJ
Cooper University Health Care is the leading academic health system in South Jersey and provides access to primary, specialty, tertiary, and urgent care, all within one complete health system. Cooper has nearly 14,000 team members including 1,600 nurses, more than 1,000 employed physicians representing 95 specialties and subspecialties, and more than 600 advanced practice professionals. Hospitals throughout the region send their most complex and critically ill and injured to Cooper for treatment by our highly skilled experts.
Ranked year after year by U.S. News & World Report as one of the top health systems in the Philadelphia Metro area, Cooper is consistently recognized for its quality, safety, and exceptional patient care.
Cooper has three hospitals: South Jersey’s only Level I trauma center, Cooper University Hospital in Camden, which is the busiest trauma center in the Philadelphia region; Cooper University Hospital Cape Regional in Cape May Court House, and Children’s Regional Hospital at Cooper, which is the only Level II pediatric trauma center in the Delaware Valley. Cooper is also home to a leading cancer center (MD Anderson Cancer Center at Cooper), six urgent care centers, and more than 130 outpatient offices from the Delaware River to the Jersey Shore, including large regional hubs in Camden, Cherry Hill, Moorestown, Voorhees, Willingboro, and Sewell.
Cooper University Health Care is affiliated with – and its physicians make up the faculty of – Cooper Medical School of Rowan University, which is located on the Cooper Health Sciences Campus in Camden, New Jersey. Cooper has a long history in the City of Camden and is playing a leading role in its revitalization.
Founded
1887
Company size
10,001+ employees
Industry
Hospitals and Health Care
Org type
Nonprofit
Headquarters
Camden, NJ
