Effectively manages the compensation and benefit programs for the physicians of The Queen’s Health Systems (QHS). Ensures all physician compensation is paid in compliance with all state and federal regulatory requirements. Ensures physician compensation models and programs are well understood by the physicians.
Ensures Queen’s provides the appropriate compensation including total cash compensation (i.e., base, productivity, quality, extra shifts, extra call, sign-on bonus, relocation allowance, etc). to its physicians
Identifies fair market value compensation based on specialty, local and national physician compensation studies and other applicable factors in accordance with QHS physician compensation philosophy and guidelines.
Ensures appropriateness of all aspects of the employed physicians’ compensation plans and models
Ensures that physician compensation models are compliant with Fair market Value guidelines, internally equitable and the models perform properly and consistently.
Provides advice and guidance to the Physician Contracting Department (PCD) and Clinical Integration (CI) staff regarding fair compensation ranges and compensation plans.
Ensures accuracy and timeliness of the department’s processing of payments for compensation related to quality, sign-on and relocation, subject to appropriate supporting documentation, this includes reviewing productivity data provided by CI; and calculating and processing productivity payments.
Actively participates in weekly internal contract strategy meetings of cross functional representatives from HR, CI, PCD, Medical Staff, Compliance and Legal Departments
Serves as the primary point of contact and subject matter expert between the Board Compensation Committee, and Clinical Integration to insure adherence to Physician Compensation Philosophy and guidelines and legal compliance.
Identifies arrangements/transactions to be reviewed by the Board Compensation Committee, which includes all physicians who are disqualified persons, highly compensated physicians, and select physician transactions exceeding predefined thresholds
Develops criteria for an annual review of employed and independent contractor physician arrangements that represent higher-risk situations. Provides updates to the Compensation Committee on these arrangements to document consistency with QHS contracting standards and regulatory compliance.
Continually analyzes the market on physician compensation practices as well as best practices across the country with regard to model design and application to ensure market competitiveness.
Effectively manages external vendor relationship as needed to support the administration of physician compensation programs.
Physician Compensation Manager Oversees/Responsible for Administrative Functions:
Develops and implements plans to achieve goals and objectives for area(s) assigned.
Establishes continuous performance improvement plans for department to achieve operational efficiencies and quality standards.
Develops, implements, monitors, keeps current department(s) policies and procedures.
Leads and/or participates in projects, programs, and initiatives as required.
Develops and implements special projects as assigned related to area of responsibility.
Manager Manages/Supervises Staff:
Directs and manages staff in accordance with all regulatory requirements as well as policies of The Queen’s Health Systems.
Manager Oversees and Manages Budget/Resources:
Develops annual and capital budgets for area(s) of responsibility.
Manages resources and operates within approved budget.
Bachelor’s degree in health care, business administration or related field.
Master’s degree in business administration or related health care and/or professional field highly desirable.
Physician Compensation Manager Experience:
Five (5) years experience in physician compensation, physician recruitment or practice management, preferably in a comparable organization.
Three (3) years supervisory/management experience.
Experience to demonstrate the following:
Ability to deal effectively with physicians and meet organizational goals and objectives.
Strong organizational, communication, and analytical skills.
Effective problem solving, decision making and project management skills.
Proficiency in Microsoft Office, i.e., Word, Excel, and PowerPoint applications.
Internal Number: PCM
About Queen's Medical Center
The Queen's Medical Center, located in downtown Honolulu, Hawaii, is a private, non-profit, acute medical care facility. It is the largest private hospital in Hawaii, licensed to operate with 505 acute care beds and 28 sub-acute beds. The medical center has more than 3,000 employees and over 1,200 physicians on staff.As the leading medical referral center in the Pacific Basin, Queen's offers a comprehensive range of primary and specialized care services. Queen's is accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO) and affiliated with VHA Inc., the national health care alliance. The medical center is also approved to participate in residency training by the Accreditation Council for Graduate Medical Education.The Queen's Hospital, now called The Queen's Medical Center, was founded in 1859 by Queen Emma and King Kamehameha IV.In King Kamehameha IV's initial speech to the legislature in 1854, the King voiced his desire to create a hospital for the people of Hawaii. At that time, the continued existence of the Hawaiian race was seriously threatened by the influx of disease brought to the islands by foreign visitors. Queen Emma enthusiastically supp...orted the dream of a hospital, and the two campaigned tirelessly to make it a reality. They personally went door-to-door soliciting the necessary funding. The royal couple exceeded their goal in just over a month, raising $13,530. In turn, the Legislature appropriated $6,000.Through six generations, The Queen's Medical Center has become a major provider of health care to the people of our State and a part of the cultural fabric of Hawaii.