Director of Physician Compensation

Company Description

About Valley Medical Center & Clinics

Founded in 1947, Valley Medical Center & Clinics (VMCC) is the oldest and largest public hospital district in Washington state and the largest nonprofit healthcare provider in South King County.

Valley serves more than 600,000 residents through a comprehensive network of more than 50 primary, urgent, and specialty care clinics across South King County, and a 341-bed acute care hospital located in Renton.

As a Level III Trauma Center, Valley provides advanced emergency, medical, surgical, and specialty care, including cancer treatment, heart and vascular services, neurosciences, orthopedics, stroke and spine care, childbirth and neonatal services, and critical care.

Guided by our mission of caring for our community like family, Valley is committed to improving the health and well-being of the vibrant communities we serve through accessible, compassionate, high-quality care. Learn more at valleymed.org.

Job Description

Director of Physician Compensation provides strategic leadership for Valley Medical Center and Clinics’ (VMCC) physician and advanced practice provider compensation programs.

The role is responsible for the design, governance, administration, and continuous improvement of compensation models that support organizational strategy, provider recruitment and retention, market competitiveness, quality and value, and regulatory compliance.

The Director serves as the enterprise subject matter expert for provider compensation, partnering closely with executive and physician leadership, Human Resources, Legal, Compliance, Finance, and operational leaders to ensure compensation programs are transparent, consistent, defensible, and effectively administered.

Qualifications

Prerequisites

Bachelor’s degree in Business Administration, Finance, Healthcare Administration, Human Resources, or a related field required. Equivalent combination of education and experience may be considered in lieu of degree. Master’s degree preferred.

Minimum of ten (10) years of progressively responsible healthcare experience, to include at least 5 years experience in physician and/or advanced practice provider compensation or provider compensation consulting., required.

Minimum of three (3) years of demonstrated leadership experience, which may include direct people leadership, functional leadership, or leadership of complex physician compensation programs and enterprise initiatives, required

Experience with compensation systems, provider productivity data, reporting tools, and technology used to support accurate and efficient compensation administration.

General Qualifications

Advanced provider compensation modeling, data analytics, and market benchmarking skills.

Strong business acumen and ability to translate complex compensation concepts, data, and regulatory requirements into clear recommendations and operational practices.

Strong organizational and interpersonal skills, including the ability to work collaboratively in a matrix environment with colleagues at all levels of the organization to achieve strategic goals.

Demonstrated experience designing, implementing, administering, and improving physician and/or advanced practice provider compensation programs.

Strong attention to detail, sound judgment, and commitment to accurate, consistent, and defensible compensation administration.

Understanding of physician employment agreements, compensation plan terms, and healthcare industry compensation practices.

Excellent executive-level communication, facilitation, presentation, and physician relationship-management skills.

• Additional Information
• Come Join Valley!

Equal Employment Opportunity

• Valley Medical Center & Clinics is committed to equal employment opportunity (EEO) and nondiscrimination in all aspects of employment and participation in its programs.
• We do not provide sponsorship opportunities at this time.

Valley Medical Center & Clinics participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

Shift: Day

FTE: 1.0

• Exempt from Overtime: Yes
• Department: Corporate
• Compensation: USD 183959.00 - USD 275938 - yearly