Senior Manager, Physician Compensation (1795)
US Heart and Vascular
Senior Manager, Physician Compensation (1795)
Overview
Description
US Heart and Vascular is needing a Remote Physician Compensation Senior Manager to join our team in Franklin, TN.
Position Summary
The Senior Manager, Physician Compensation is a hands-on leader responsible for the accurate execution, maintenance, and ongoing enhancement of physician and advanced practice provider (APP) compensation models across US Heart & Vascular multi-location cardiology platform. This role requires deep working knowledge of physician compensation plan mechanics and contract interpretation, advanced Excel-based model building, and the ability to operate effectively in a private equity–backed, growth-oriented environment.
Reporting to the Director of Physician Compensation, the Senior Manager serves as a key operational and analytical resource for the department, balancing accurate completion of compensation models with managerial responsibilities such as analyst oversight, compensation model review, process improvement, and cross-functional coordination. The role is accountable for end-to-end model execution for assigned practices/regions—from data intake and model construction through validation, review support, delivery readiness, and issue resolution—while maintaining alignment with established compensation philosophies, departmental standards, and leadership expectations.
Responsibilities & Duties:
Compensation Model Ownership & Execution
- Maintain direct, hands-on ownership of assigned physician compensation models, including model building, ongoing maintenance, updates, and detailed validation.
- Facilitate complex compensation models using advanced Excel-based methodologies to support productivity-based, net income–based, and supplemental compensation arrangements common to specialty physician networks.
- Perform detailed checks to ensure calculations are accurate, assumptions are supported, and model outputs align to underlying source data and financial drivers.
- Implement approved model mechanism changes and adjustments in accordance with direction from the Director of Physician Compensation.
- Maintain end-to-end accountability for assigned models, including follow-through on questions, corrections, and recurring process improvements.
Practice-Level Accountability & Stakeholder Support
- Serve as a compensation point of contact for assigned practices or regions, with responsibility for model accuracy, completeness, timeliness, and issue resolution.
- Interpret physician employment agreements, management services agreements, and compensation plan language to ensure accurate application of contractual terms within models.
- Prepare compensation summaries, variance explanations, and supporting schedules suitable for leadership review and physician-facing discussions.
- Support physician and operational inquiries by explaining plan mechanics, model drivers, adjustments, and results in a clear, practical, and professional manner.
- Exercise sound judgment and discretion when addressing sensitive compensation matters, escalating appropriately while maintaining physician trust and operational continuity.
Team Leadership, Review Structure & Department Scaling
- Provide hands-on technical leadership and mentoring to physician compensation analysts, including detailed model review, coaching on mechanics, and direct support during peak model cycles.
- Balance responsibilities by producing selected models directly while overseeing analyst-owned models and ensuring consistent standards across the portfolio.
- Contribute to onboarding readiness, knowledge transfer, documentation, and cross-training to support department expansion and continuity.
Growth, Integration, System Design & Implementation
- Support acquisitions and practice integrations by building or assisting with initial compensation model set-up, validating data sources, and supporting transition planning consistent with departmental standards.
- Contribute to the design, enhancement, and implementation of compensation-related tools, templates, data structures, and processes to improve efficiency, accuracy, and scalability.
- Partner with IT, FP&A, Accounting, and other stakeholders to improve upstream data clarity, mapping, and automated data processing where feasible.
- Assist with forecasting, earnings projections, and scenario modeling to support operational planning, compensation reviews, and growth decisions.
Cross-Functional Partnership, Controls & Continuous Improvement
- Partner with Accounting and Payroll to ensure compensation calculations align with general ledger structures, accrual methodologies, reconciliations, and payment processing timelines.
- Assist in maintaining compensation-related policies, procedures, documentation standards, and internal controls to support consistency, transparency, and compliance.
- Collaborate cross-functionally with Operations, Revenue Cycle, HR, Legal, FP&A, IT, and leadership to resolve compensation-related data, system, and process issues.
Knowledge, Skills, and Abilities Required:
- Strong, practical knowledge of physician and APP compensation models within multi-location, specialty physician networks (productivity, net income, call, and supplemental pay structures).
- Demonstrated ability to interpret physician compensation contracts, plan language, and complex compensation arrangements, including exceptions, transitions, and integration-related nuances.
- Advanced Excel proficiency and model-building expertise, including the ability to construct, maintain, audit, and improve sophisticated compensation models with strong controls and transparency.
- Knowledge of compensation-related system design, data flows, implementation considerations, and the importance of upstream data quality and mapping.
- Solid understanding of healthcare financial operations, including income statement mechanics, general ledger concepts, accruals, allocations, and reconciliation practices as they relate to compensation drivers.
- Ability to quickly understand existing compensation frameworks, leadership expectations, and operating rhythms and execute effectively with minimal ramp-up.
- Strong analytical, organizational, and problem-solving skills with high attention to detail and sound judgment.
- Clear and professional communication skills, particularly when explaining complex compensation mechanics to physicians and operational leaders.
Minimum Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- 7+ years of progressive experience in physician compensation, provider financial analysis, or healthcare compensation administration.
- Demonstrated experience owning and maintaining complex compensation models in a multi-practice or multi-location healthcare organization.
Other Qualifications:
- Experience working in private equity–backed healthcare platforms, physician management organizations, or similarly growth-oriented healthcare environments.
- Demonstrated ability to balance hands-on execution with leadership responsibilities in a scaled, deadline-driven operating model.
Preferred Qualifications:
- Experience supporting cardiology or other procedural specialty physician groups.
- Prior experience managing analysts in a compensation, finance, or analytics function.
- Experience preparing compensation analyses and summaries for leadership review and physician-facing communication.
- Experience supporting compensation during periods of acquisition, integration, operational change, or rapid growth.