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CVS Health
Memphis, Tennessee

Senior Medical Director-Health Care Delivery

Internal MedicineFull-Time

Listed compensation

$184k-$397k

The week · per this posting · weekdays assumed

Ask the employer about the work setting, call expectations, weekend coverage and time off.

Posted 29m ago · Verified live

Job Description

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Role Description

The Senior Medical Director will join the team at a critical time in the history of our company and of primary care. The opportunity for impact is large and growing, with our company leading the transition from fee-for-service to value-based care.

The Senior Medical Director will be responsible for leading our provider teams in the local market.

The Senior Medical Director will partner with the Regional Vice President to achieve operational and clinical excellence and world class performance in hospital admissions, quality, patient satisfaction, clinician satisfaction, and medical cost.

To offer context for the practice and to remain close to our patients, the Senior Medical Director will practice primary care in our clinics 2 1/2 days per week alongside his/her provider colleagues. The Senior Medical Director will report to the Executive Medical Director for the region.

Additionally, we see this leader as a key thought partner in providing feedback on our clinical model.

Core Responsibilities

Medical Director Management & Coaching: The Senior Medical Director will lead and mentor the health center Medical Directors in his/her region. This includes:

Supervising center medical directors and ensuring their priorities are in line with those of the organization. This includes but is not limited to supporting the medical directors as they manage their teams, being the "go-to" for all questions, and communicating updates and business priorities, including:

Assisting in offering constructive feedback to providers to improve performance.

Helping medical directors master data-driven tools and practices required to keep patients well and out of the hospital.

Reviewing quality dashboards with medical directors, and implementing initiatives to improve quality outcomes.

Providing managed care perspective to medical directors as they lead their teams.

Understanding and communicating provider performance/compensation plans.

The Senior Medical Director will be responsible for interviewing, hiring, and retaining providers throughout the region.

Physician Leadership Development: The Senior Medical Director will develop physician leadership in providers throughout the market, with support from Provider Services. This includes:

Developing a pipeline of internal clinical leaders who are skilled in problem solving, communication, conflict resolution, value-based care delivery, and collaboration with clinicians and executives.

Support Organizational Strategy: The Senior Medical Director's duties are primarily focused on the management of his/her market, but in addition, the Senior Medical Director will have input into a variety of organizational-wide projects, and will join committees for clinical programs to support the enhancement of the care model, including:

Medical Management

Care Management

Quality Improvement

Utilization Management

Network Management

Health Plan Management

Documentation/Risk Adjustment

Clinical Compliance & Policy Development

This includes representing the company to external partners (e. g., payers, providers) and creating relationships and partnerships that support our mission and our economics.

Population Health: As a part of the Population Health program, the Senior Medical Director is responsible for:

Supervising the interdisciplinary Complex Care Teams focused on our highest need patients in the market.

Supervising the Transitions Nurses, who track all hospitalized patients and coordinate post-discharge care.

Partnering with the population health and quality teams to advance our care model.

Participating in documentation and coding activities, including provider education and review sessions.

Other duties, as assigned.

What Are We Looking For?

M.D. / D.O. / DNP graduates with license in good standing with no restrictions, Physicians will be board certified in Internal Medicine or Family Medicine. DNPs should be certified in a primary care domain.

Board certified in Internal Medicine or Family Medicine.

Fellowship training in Geriatrics and/or other professional degrees (e. g., M.B.A., J.D., M.P.H.) welcome but certainly not required.

Typically 10+ years experience; Minimum of 5 years of experience in outpatient practice.

Minimum of 3 years of experience in a physician management role or role as medical director, managing a medical group of 20 or more providers.

Extensive experience in clinical leadership roles, leading and coaching physicians to be the best they can be for their patients and their colleagues.

Experience with managed care and/or value-based practice and familiarity with payer-provider collaboration.

Experience using a metrics-driven approach to analyze cost, quality, and satisfaction data to drive clinical strategy and program redesign.

Excited by developing and implementing new processes.

Self aware and confident in their leadership skills and eager to share those with a fast growing, passionate team on the leading edge of healthcare innovation.

Understand the basics of managed care and recognize that population health and a focus on smart allocation of scarce resources can lead to high value care (better care, lower cost).

Ability to remain calm in stressful situations.

Commitment to our patient population.

Comfort with ambiguity and a strong desire for problem solving.

  • Anticipated Weekly Hours
  • 40
  • Time Type
  • Full time

Pay Range

The typical pay range for this role is:

$184,112.00 - $396,550.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great Benefits for Great People

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 12/31/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Key Responsibilities

The Senior Medical Director leads and mentors regional provider teams to achieve operational and clinical excellence in a value-based care model. They also maintain a clinical practice while overseeing quality improvement, population health initiatives, and organizational strategy.

Requirements

Candidates must hold an M.D., D.O., or DNP degree with board certification in Internal Medicine or Family Medicine and a valid, unrestricted license. The role requires at least 10 years of experience, including 5 years in outpatient practice and 3 years in a physician management role.

Qualifications

Education
Doctoral or professional degree (postgraduate degree)
Experience
10+ years of experience

Key Skills

Physician coachingStrategic planningTeam supervisionData-driven decision making

Internal Medicine — Physician Career Context

Of the 50 active Internal Medicine listings this role was benchmarked against, 10% are remote, 42% have no call, 60% require no weekends.

Internal Medicine pay on WeekdayDoc is up 5.6% vs. the prior quarter (through Oct 2026).

Internal Medicine by the numbers
MeasureThis jobMarket
Listed pay$184k–$397kInternal Medicine median $300k (middle half $294k–$311k)13 comparable listings, Nov 2026
Cost-of-living adjusted pay~$316k in purchasing powerTennessee index 91.9 (US = 100)BEA Regional Price Parities (2024)
Internal Medicine listings in Tennessee27 active1,357 nationallylive on WeekdayDoc, Nov 2026
Work settingon-sitepeers: 10% remote · 42% no call · 60% no weekends50 benchmarked listings
Sign-on & loan repaymentnot statedTennessee physician listings (all specialties): 28% state a sign-on bonus (median $50k) · 5% offer loan repayment351 active listings, Nov 2026
Internal Medicine hiring demand#3 of 28 specialtiespostings stay open a median 38 daysWeekdayDoc Hiring Index, October 2026 · 579 postings, 472 closed
New Internal Medicine listings546 in the last 30 days351 the 30 days before (+56%)U.S., first seen on WeekdayDoc, Nov 2026
Internal Medicine pay trend+5.6% vs prior quarter—through Oct 2026
Sources: WeekdayDoc live listing index, BEA Regional Price Parities (2024), WeekdayDoc Hiring Index; as of Nov 2026. Same values as the Weekday Verdict and Market Insights on this page.

Location & Logistics

Tennessee has no state income tax, which can significantly increase take-home pay compared to high-tax states. At the posted ~$290k midpoint, that is roughly $12k–$20k a year versus a typical 4–7% state rate.

Top Internist Jobs

42 matches · ranked by pay

Salary Distribution

42 jobs · 34 employers
8
<$285k
11
$285k-320k
11
$320k-355k
8
$355k-390k
4
$390k+

Annual compensation range

Benefits & Perks

39 jobs · 34 employers
401k / retirement match
87% this job
CME allowance
59%
Sign-on bonus
56%
Relocation assistance
46%
Loan repayment
26%

Share of similar jobs offering each benefit

#1

Internal Medicine PhysicianContract

Skilled Wound Care · Jackson, Mississippi

$250k-$500k
#2

Outpatient Primary Care Physician (Internal Medicine / Family Medicine)Contract

MASC Medical · Atlanta, Georgia

$350k-$400k
#3

Internal Medicine Physician - Optum CA - Huntington Park

$239k-$393k
#4

Physician - Family Medicine

$320k-$391k
+ 40 more · ranked by pay

Work-life snapshot

median 6.3this job 3.0
Better work-life than 20% of Internal Medicine listings

Listing-based score, 0–10, across 1,345 comparable listings. Shaded area = the share scoring below this one.

CVS Health logo

About CVS Health

Hospitals and Health Care
Woonsocket, RI
10,000+ employees

Benefits & Perks

Medical, dental, and vision coverage
Paid time off
Retirement savings options
Wellness programs

Living in Memphis

Typical 3-bedroom home value
$148k≈ 0.8× annual pay
Typical market rent
$1,259/mo≈ 8% of gross pay
Residents’ average commute
21 min
Metro price indexU.S. average = 100
92.2
State income tax
None
Sources & methodology

Sources: Zillow home values (Sep 2026), Zillow market rents (Sep 2026), U.S. Census ACS 2024 five-year.

BEA 2024 · Memphis, TN-MS-AR metro prices. Housing figures are city-level.

Ratios use this listing’s gross annual pay. Not a cost-of-living guarantee.