At OrthoVirginia, you’re part of a team dedicated to delivering expert orthopedic and therapy care across the state. Virginia’s largest provider of musculoskeletal care More than 159 physicians in over 35 locations Leader in orthopedic surgery, non-surgical care, and therapy
Director, Physician Compensation
Location
United States
Posted
83 days ago
Salary
0
No structured requirement data.
Job Description
Director, Physician Compensation
OrthoVirginia
At OrthoVirginia, you’re part of a team dedicated to delivering expert orthopedic and therapy care across the state. As Virginia’s largest provider of musculoskeletal care, we offer full-time and part-time opportunities in a collaborative, team-oriented environment. With more than 159 physicians in over 35 locations—including Lynchburg, Northern Virginia, Richmond, Southwest Virginia, and Hampton Roads—OrthoVirginia is a leader in orthopedic surgery, non-surgical care, and physical, hand, and occupational therapy. Our nationally recognized specialists treat a full range of musculoskeletal injuries and conditions, helping patients of all ages move, heal, and thrive. Join us and become part of a trusted network committed to excellence in orthopedic care. ESSENTIAL FUNCTIONS AND OBJECTIVES - Physicians Relations and Compensation - Acts as the organization’s expert on physician compensation strategy, ensuring alignment with business objectives and regulatory standards. - Builds strong relationships with physicians and leadership, providing clear communication and education on compensation plans and financial outcomes. - Partners with regional leaders to evaluate physician performance and support strategic workforce planning. - Oversees all aspects of physician compensation administration, including monthly true-ups, call pay, quarterly distributions, and annual summaries. - Leads the design, modeling, and refinement of compensation plans to support recruitment, retention, and organizational growth. - Ensures consistent, compliant, and transparent application of compensation policies. - Develops proformas and financial projections for physician recruitment and strategic initiatives. - Manages physician buy-ins, buy-outs, and trailing A/R in coordination with payroll and finance. - Maintains dashboards and analytics to support data-driven decision-making. - Works with Legal to prepare compensation exhibits for physician agreements. - Coordinates with HR Total Rewards on benefits-related inquiries. - Supports onboarding and quarterly performance reviews for new physicians. - Directs physician compensation staff, promoting accuracy, accountability, and continuous improvement. - Oversees physician expense report review and contributes to the annual operating budget. - Prepares and delivers presentations for boards, shareholders, and executive leadership. BASIC JOB REQUIREMENTS Education: Bachelor’s degree in Finance, Accounting or related field required. CPA, CMA, or CMPE highly preferred. Knowledge, Skills, and Abilities: - Functional / Technical Skills – has the functional and technical knowledge and skills to do the job at a high level of accomplishment - Business Acumen – Knows how multiple businesses work; knowledgeable in current and possible future policies, practices, trends, technology, and information affecting his/her business and organization; knows the competition; is aware of how strategies and tactics work in the marketplace. - Process Management – Skilled at learning and managing financial & technical processes necessary to achieve business objectives; effectively organizes people and activities; understands how to separate and combine tasks into efficient workflows; knows what to measure and how to measure it; can see opportunities for synergy and integration; can simplify complex processes; utilizes resources efficiently and effectively. - Performance Driven – To successfully achieve goals; consistently performs at high levels; very bottom line oriented; steadfastly pushes self and others for results; executes and achieves business objectives. - Informing – Provides meaningful data allowing for timely and informed decision making. Assisting colleagues to perform their functions at the highest level and to feel positive about being a member of the team. Ability to communicate complex financial concepts in layman’s terms. - Building Effective Teams – Ability to form teams as needed; creates strong morale and spirit within the group; shares wins and successes; fosters open dialogue to achieve business objections. Experience: - Five or more years of demonstrated successful financial experience with progressive levels of responsibility. Prior leadership experience required. - Knowledge of local, state, and federal tax laws. - Prior experience with financial accounting software and/or electronic health record system. Epic experience highly preferred. - Prior data analytic and reporting experience with Caboodle and Tableau highly preferred. - Ability to explain complex financial issues, deliver difficult communications, and educate leadership, clinicians, and other executive leaders. - Advanced MS Excel and PowerPoint skills. - Polished communication skills and experience communicating complex financial data and working directly with physicians and other clinical providers. PRM123 This organization participates in e-Verify. Esta organización participa en e-Verify.
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