Director, Physician Compensation

| Chicago

At VillageMD, we are committed to helping patients achieve greater health by delivering the most effective, accessible and efficient healthcare in the world through partnership with primary care physicians. We're in a unique position to impact everyone in primary care from independent, family-owned practices to world-class health systems. As part of achieving this goal, the Director, Physician Compensation will build and implement the system and process to successfully administer the physician compensation program. In this role, we are looking for a service-minded and detail-oriented individual who will successfully build meaningful relationships across stakeholders and has the ability to manage large-scale programming from concept through fruition.

In this newly created role, you will lead development of provider compensation standards and manage the compensation review process across multiple geographies throughout the organization. Reporting to our VP, Practice Management and Support Services, you will have accountability for and national oversight of provider compensation plans. Additional responsibilities include planning, development and implementation of specific pay practices to ensure legal compliance with company policies, state, and federal regulations. You’ll need to demonstrate the ability to inform and influence market leadership by developing and nurturing strong relationships that result in execution.

Examples of key accountabilities in this role include:

  • Developing, implementing, and evaluating physician compensation strategies and models that align with financial and organizational objectives including physician productivity and performance
  • Collaborating with executive leadership, legal counsel and third-party fair market valuation firm to substantiate valuations, develop new agreements, and make necessary revisions to existing agreements
  • Building the necessary systems and processes to successfully administer a fully automated physician compensation program, including measurement and checks and balances
  • Ensuring documentation of the necessary time sheets and other requirements resulting in accurate and reliable data to validate that providers are being paid according to agreements
  • Monitoring process to facilitate the timely flow of contract documents through the approval process and that all appropriate approvals are obtained
  • Maintaining current knowledge of legal and regulatory requirements related to physician contracts

What will make you successful here:

  • A proactive approach to data gathering and the ability to articulate and overcome barriers by leveraging strong relationships to advance work
  • A high tolerance for ambiguity, a service orientation, and a high level of humility for successful assimilation in our highly collaborative, entrepreneurial culture
  • You have a strong sense of personal accountability for delivering individual and team results
  • Experience performing under pressure with a keen sense of urgency, attention to detail, and a commitment to doing what you say you will do
  • Ability to advise and make recommendations to business leaders on key strategic and tactical decisions
  • Experience leading change and executing on business objectives through oversight and management of key stakeholders and owners
  • You have a passion for being hands-on in problem-solving and execution
  • You demonstrate humility through your actions, relationships and communications with others

What you bring to VillageMD:

  • Bachelor’s Degree required
  • A minimum of 7 years of relevant, progressive physician compensation experience
  • Working knowledge and experience with physician contracts, compensation models, and fair market value considerations
  • Experience developing and negotiating acquisitions, joint ventures, and similar business arrangements with healthcare provider
  • Proven reporting and program development experience including past experiences building cohesive process and supporting structure in a geographically dispersed, complex business structure
  • Prior experience managing a large-scale project, initiative or department
  • Desire to be hands-on with a track record of “rolling up your sleeves” to drive desired outcomes
  • Demonstrated organizational skills and the ability to effectively manage and pivot between competing priorities
  • Proven experience operating successfully within ambiguity; a results-oriented professional who can make sense of chaos to continually deliver desired results
  • A flexible mindset and personality; someone who can demonstrate the ability to think outside the box and formulate creative solutions
  • Excellent interpersonal communication, a high attention to detail, and critical problem-solving skills to garner credibility and develop strong relationships
  • Ability to travel as needed

At VillageMD, we see diversity and inclusion as a source of strength in transforming healthcare. We believe building trust and innovation are best achieved through diverse perspectives. To us, acceptance and respect are rooted in an understanding that people do not experience things in the same way, including our healthcare system. Individuals seeking employment at VillageMD are considered without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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Technology we use

  • Engineering
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • SwiftLanguages
    • ReactLibraries
    • FlaskFrameworks
    • Node.jsFrameworks
    • Microsoft SQL ServerDatabases
    • Neo4jDatabases
    • PostgreSQLDatabases
    • RedisDatabases
    • TeradataDatabases

Location

We are in the heart of downtown Chicago - accessible to all trains and plenty of food/drink options nearby!

An Insider's view of VillageMD

What's the biggest problem your team is solving?

Aggregating disparate sets into one consumable interface is difficult. We constantly think about how to solve it faster and better while keeping it flexible and scalable.

Mario

Principal Software Engineer

What makes someone successful on your team?

It’s an individual’s willingness to get into the details, fully understand the current path to delivery, and think critically about the problems that face primary providers today that will make them successful at VillageMD.

Dave

Director, Product Development

What’s the vibe like in the office?

The office vibe is centered on holding our work to high standards while maintaining an environment focused on fun and collaboration. My coworkers and I will often be working on completely unrelated projects, but when we hit a roadblock we step back and ask each other for feedback and help. That’s usually when we find the best solutions.

Emily

Healthcare Informatics Analyst

What are VillageMD Perks + Benefits

VillageMD Benefits Overview

We offer competitive bonus, great benefits, generous PTO, strong parental leave policy, and 401k with a match. We are conveniently located near Metra and L trains, and offer commuter benefits. We offer schedule flexibility and work from home options. And, last but certainly not least: loads of snacks and fresh ground whole bean coffee!

Culture
Volunteer in local community
Partners with Nonprofits
Intracompany committees
Daily stand up
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Highly diverse management team
Unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Happy Hours
Recreational Clubs
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Promote from within
Customized development tracks
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