Under the direction of the Centra Medical Group Chief Financial Officer, the Provider Compensation Director oversees data sourcing, completes analyses, calculates provider performance relative to defined objectives and benchmarks, and calculates corresponding compensation and bonuses. This position produces performance reports and financial statements, and responds to provider inquiries from the medical group and system leaders for all provider compensation questions when considering new employment or contract relationships. This position oversees and administers provider payroll.
Bachelor's degree in business, accounting, finance, statistics, or related field.
At least five years of experience in business and financial analysis, including strategic planning and project development.
Expertise with communication tools, such as MS PowerPoint, and personal presentations before large and small groups.
Experience conducting compensation analysis and benchmark comparisons is required.
Independent working once given the direction and parameters for development of mathematical compensation models.
Advanced Degree at the master's level desired
Experience working with external fair market value appraisals and communicating with attorneys, risk and compliance representatives and providers about compensation areas of risk.
Experience working with healthcare providers.
Internal Number: 21230
Centra is a regional nonprofit healthcare system based in Lynchburg. It was created in 1987 through the merger of the Lynchburg General (LGH) and Virginia Baptist (VBH) hospitals. In 2006, Southside Community Hospital (CSCH) in Farmville joined Centra as an affiliate. In 2014, Bedford Memorial Hospital, in Bedford, joined Centra’s network and became the 4th hospital in the system. With more than 6,400 employees, 300 employed providers and physicians and a medical staff of nearly 600, providing care in 64 locations, Centra serves over 380,000 people throughout central and southern Virginia. Centra provides medical services to patients across a geographic area roughly the size of the state of New Jersey. Centra’s service to the community and commitment to excellent care is demonstrated by its many physician practices, outreach programs, screenings and tests, educational media and publications, and community health programs