VP - PHYSICIAN SERVICES

VP - Physician Services (CEO)

Universal Health Services, Inc. (NYSE: UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 300 corporation, annual revenues were $15.8 billion in 2024. During the year, UHS was again recognized as one of the World's Most Admired Companies by Fortune; and listed in Forbes ranking of America's Largest Public Companies. Headquartered in King of Prussia, PA, UHS has approximately 99,000 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom.

Independence Physician Management (IPM), a subsidiary of UHS, was formed in 2012 as the physician services unit of UHS. IPM develops and manages multi-specialty physician networks and urgent care clinics which align with UHS acute care facilities. It also provides select services for the Behavioral Health division of UHS. Through continuing growth, IPM operates in 13 markets across seven states and the District of Columbia. IPM has over 1100 Providers and 2200 Employees.

Position Summary

The VP - Physician Services is responsible for providing leadership, direction and ongoing administration and management for all aspects of the UHS Physician Services group (IPM). The role ensures policies and procedures are implemented for efficient, effective management of all programs. He/she will have overall responsibility for all aspects of the care centers, financial and operational performance and is accountable to communicate and implement corporate strategic initiatives to meet the program goals and objectives. They are responsible to the company at all levels: corporate, group, division and hospital to assist in the integration of physicians into company's delivery system.

Essential Duties

• Directs and oversees the strategic and operational performance of UHS physician practices.
• Creates and maintains processes for UHS physician practices that include Financial Management, Human Resources Management, Planning and Marketing, Information Management, Risk Management, Governance and Organization, Business and Clinical Operations.
• Leads hospital senior team and participates in medical staff and governance strategic planning sessions for assigned hospitals.
• Coordinates the preparation of the annual operational and capital budgets, provides monthly and annual business performance data, interpretation and variance reporting, and takes corrective action if required.
• Monitors all physician employment agreements, professional service agreements for physicians and any contract provisions, updates and revisions.
• Directs the development and oversight of physician compensation and benefit programs, performance evaluation and professional development processes.
• Determines staffing model and directs physician recruitment programs.
• Develops and implements a strategic plan with supporting business, marketing plans, and physician partnership start-ups, acquisitions and strategic alliance initiatives.
• Determines physician practice management information management needs and directs system procurement and maintenance to satisfy operational requirements within financial constraints.
• Manages risk through processes that ensure legal, regulatory and clinical practice compliance.
• Develops and implements quality assurance and patient satisfaction programs.
• Ensures the security of people, property, equipment, as well as proprietary and patient health information.
• Constructs and maintains governance systems and processes that include bylaws, policies and processes.
• Assesses and meets stakeholder needs and integration requirements.
• Monitors patient and insurance revenues and physician productivity and creates initiatives to enhance productivity, revenue and cash flow.
• Creates processes to monitor licensure, credentialing and recertification.
• Develops business processes to manage patient communications, flow and billing.
• Deploys processes to support ancillary clinical support services, procurement and inventory control, facilities planning and maintenance programs.

This Opportunity Offers

Challenging and rewarding work environment Competitive compensation Excellent medical, dental vision and prescription plan Generous paid time off Relocation benefits Bonus opportunity and stock option eligible

Qualifications

Bachelor's degree in Health or Business Administration is required. A Masters degree in health administration or certification by the American College of Medical Practice Executives is preferred. Ten to fifteen plus years of physician practice management or health care management experience is required. Experience in managing multiple physician billing and service organization across wide geographic areas with at least 250 physicians is required. In addition, the following experience is essential: Strong understanding in the financial management, and business and clinical operations of a medical group practice Knowledge of fiscal management techniques, revenue cycle management and third party reimbursement Knowledge of health care administration systems Knowledge of governmental regulations and compliance requirements Knowledge of computer systems and applications Skill in planning, organizing and supervising Skill in exercising initiative, judgment, problem-solving, decision-making Skill in developing and maintaining effective relationships with medical and administrative staff, patients and the public Ability to analyze and interpret complex data and prepare comprehensive reports Ability to communicate effectively in writing and verbally Skill in human resources management, organization and team building.