Executive Director, Physician Compensation and Financials

Job description

Job location: Miami, FL

Employment Type: Full-time
Posted data: 2019-06-27
Req: R100033241
Current Employees:
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Where Excellence Meets Purpose

The University of Miami is among the top research universities and academic medical centers in the nation, and one of the largest private employers in South Florida.

With more than 16,000 faculty and staff, the University strives for excellence, and is driven by a powerful purpose to transform and impact the lives of its students, patients, members of the community, and people across the globe.

The University is committed to fostering a culture of belonging, where everyone feels valued and has the opportunity to add value.  Through values of Diversity, Integrity, Responsibility, Excellence, Compassion, Creativity, and Teamwork (DIRECCT) the U community works together to create an environment driven by purpose, excellence, community, and service.

The University has been named on Forbes's Best Employers list for two consecutive years, and is the only university in Florida to receive this honor.

The successful candidate will document fair market value and commercial reasonableness, develop compensation plans and incentives, administer faculty contracts and associated reporting, and monitor industry trends involving physician compensation. Additionally, the person in this role will ensure physician compensation models are effective, well understood and compliant with all state and federal regulatory requirements. The Director of Physician Compensation will be expected to exemplify the Rush mission, vision and values, and act in accordance with Rush policies and procedures.

Prepares compensation information for executive team,  Board of Directors, and others, as requested. 

Communicates effectively and collaborates with UHealth Compliance, Finance, Human Resources, and other departments on faculty and providers compensation matters 

Develops budget guidelines relative to future year physician and faculty compensation and benchmarks. 

Faculty and provider recruitment including:  

Supports leadership and Chairs in developing faculty and provider salary structures. 

Provides all relevant data to the Faculty Compensation Committee and Business Planning, including revenue per wRVU, productivity by specialty, historical performance on prior recruitment plans. 

Establishes strong working relationships with Chairs, Vice Chairs, MSOM Dean’s office, faculty, and providers. 

Ensures maintenance of proper documentation of all Physician Faculty and Provider Compensation agreements and amendments. 

Develops and Facilitates information and data gathering, extraction, and reporting. 

Ensures standardization and maintenance of data elements to promote efficiency of information exchange among various School of Medicine Units. 

Leads creation of reporting business requirements, technical design, testing, and maintenance processes.   Provides electronic education resources and systems for staff. Remains current with the market setting and highlights potential opportunities or problems. Assists senior school administrators in formulating plans and policies for the benefit of the School of Medicine.   

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Job Status:

Full time

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Job No:
Posted: 6/28/2019
Application Due: 8/22/2019
Work Type: