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VP, Physician & Clinician Compensation

Duke University
United Statesfull_timeVerifiedPosted 22 Nov 2024

About the role

Duke Health Integrated Practice is an exceptional, multi-specialty physician practice encompassing 140 clinics across North Carolina. We attract and retain premier medical professionals with competitive compensation, benefits, and a nurturing work atmosphere that unites passion and purpose.

Learn more about us: 
https://dhip.dukehealth.org/about-us

 

JOB LOCATION

DHIP Administrative Offices - 40 Duke Medicine Cir

 

JOB SUMMARY

Duke Health Integrated Practice (DHIP) and the Duke University School of Medicine (SoM) are seeking an experienced leader to oversee clinical faculty and clinically focused Advanced Practice Provider (APP) compensation models across the Duke Health system. This senior-level role involves strategic collaboration with DHIP and SoM leadership to design, implement, and continuously refine compensation strategies that are responsive to market dynamics and organizational goals. This role will establish an enterprise-wide capability to support compensation strategies and standards and manage the compensation review process for more than 2,000 physicians and APPs across the enterprise.

 

JOB DUTIES AND RESPONSIBILITIES

  • Compensation Strategy and Management: Develop an overarching physician compensation strategy and oversee the implementation of consistent compensation philosophy, and evaluation of physician compensation models that align with financial and organization objectives, that support and reward a world-class physician workforce. and assist with clinically focused APP compensation plan development, review, and design.

  • Future Compensation Design Development and Oversight: Collaborate with departmental leaders and executive teams to develop and modify compensation plans. Ensure compliance with existing plans and recommend adjustments as needed based on strategic objectives and market trends.

  • Broad System Coordination: Oversee compensation plan database for existing agreements and assure communication of all changes with significant financial or budgetary impact are known at the point of decision. Direct financial modeling and internal assessments and/or obtain external valuations for agreements to ensure compliance with policies and regulatory requirements.

  • Contract and Employment Agreement Logistics: Leading the development of contract language, contracting and renewal compensation design changes. Ensuring consistency in implementation, which may include managing a contract management system.

  • Business Planning: Supports Duke Health’s business planning processes in conjunction with operational and financial leaders by providing guidance on compensation models, rates, and financial impacts.

  • Communicate and Educate: Coordinate with external consultants to conduct periodic market competitiveness surveys. Communicate with leaders and physicians on various compensation plans, models, and compliance requirements, including proposed changes. Analyze market and internal data and provide guidance and support to physician leaders on compensation and performancerelated issues.

  • Communication and Leadership: Serve as a central point of communication for compensationrelated decisions. Develop relationships with academic health systems nationally to benchmark and adopt best practices.

    Internal Administration: Navigates the competing priorities and proposes creative solutions to bridge gaps between different members of the enterprise.

  • Change Management: Ability to design and implement systems that result in gaining buy-in, building trust, and influencing leadership and decision making using fact-based data and information.

  • Budgeting: Supporting DHIP and SoM finance in the development of the annual operating budget for physician compensation for all physicians and APPs. Create and monitor physician productivity and comp

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Company

Duke University

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