Provider Compensation-Contracts Specialist

The primary focus of this position is to manage all steps of the contracting process for Providers employed by Renown Medical Group.

The incumbent will support the Director of Human Resources and/or Human Resources Business Partners (HRBPs) in the development and implementation of new systems for tracking, managing, renewing, and ensuring compliance with state and federal laws in relations to provider contracts. The incumbent manages the ongoing auditing and reporting systems to ensure contracts are renewed according to terms of the Agreements.

The incumbent will partner with the Renown Medical Group Finance and Renown Medical Group leadership team on the provider compensation models. The incumbent will become the provider compensation expert and use their knowledge of provider salary structures, use of appropriate fair market value benchmarks, wRVU tracking, to communicate to providers, and ensure compliance with Renown Health policies related to provider compensation and contracts.

Under the direction of the Director of Human Resources, this position will advise and assist leaders and providers on compensation issues and concerns through communicating, interpreting, and recommending appropriate use of human resources and provider policies and procedures, services, and programs offered by Renown Health.

The Provider Compensation and Contracts Specialist will assist with the coordination of contracting processes with various internal and external customers. This position will need to be very flexible to meet deadlines and accommodate concurrent contracting priorities. This position collaborates with hiring managers within the organization to support Renown Health Medical Group’s mission and business goals.

The incumbent will provide tracking, trending, and reporting of provider contracting efforts, ensure continuous process improvement, and will be responsible for compliance with Stark Law and its impact on fair market value of provider compensation, and commercial reasonableness.

As a Provider Compensation and Contracts Specialist, the incumbent will communicate the compensation terms outlined in the Provider contract, ensuring understanding of productivity and value metrics by the provider. The incumbent will assist the Renown Medical Group Finance team and Renown Medical Group Dyad Leaders with the successful transition of the provider from new hire, ramp-up of patient-base, to fully productive/value-based compensation model, as applicable. As part of the collaboration process with the HRBPs, Renown Medical Group Finance team, and Renown Medical Group Dyad Leadership, the incumbent will act as a liaison for provider compensation requests and become an expert in the provider compensation process to ensure that new position requests and compensation requests for incumbent providers include all necessary supporting business and financial justification. The incumbent will attend the weekly provider compensation meetings with Renown Medical Group’s Executive Leadership team and will be responsible for the documentation of approvals and implementation process of compensation changes.

The incumbent will collaborate closely with the Provider Recruitment team to ensure employment agreements are prepared in alignment with compensation model guidelines and in compliance with applicable compensation benchmarking data and policies. 

The incumbent will support the Director of Provider Recruitment and Relations, as well as the HRPBs with projects and events as needed. The role will collect, research best practices and new policy or program initiatives designed to enhance delivery and quality of service,

The incumbent performs all duties in a manner that promotes the organization’s mission, values, and philosophies. The Incumbent must maintain and exhibit, always, high standards of courtesy, performance, human relation skills and personal and professional appearance. This position requires a flexible schedule and ability to meet deadlines and accommodate concurrent provider relations, recruitment, or contracting priorities.

This position does not provide patient care.

The foregoing description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills and efforts or work conditions associated with the job. It is intended to be an accurate reflection of the general nature and level of the job.

Name

Description

Education:

Must have working-level knowledge of the English language, including reading, writing, and speaking English. A bachelor’s degree in human resources or related field, or equivalent provider or employee relations experience required.

Experience:

Minimum of at least two (2) years of demonstrated provider relations, contracts, or recruitment experience, or medical group/health care operations experience in a complex service culture or integrated health care organization. Preference given to those candidates with provider interaction experience in healthcare.

License(s):

None

Certification(s):

Preferred – one of the following Professional Human Resources (PHR), or Society for Human Resources Management (SHRM- CP), or Certified Compensation Professional (CCP), or Association for Advancing Physician and Provider Recruitment (AAPPR) certification.

Computer / Typing:

Must be proficient with Microsoft Office Suite, including Outlook, PowerPoint, Excel, and Word and have the ability to use the computer to complete online learning requirements for job-specific competencies, access online forms and policies, complete online benefits enrollment, etc.