Ted Nocella

Director of Physician & Executive Compensation at Northwestern Medicine

Role
Director of Physician & Executive Compensation at Northwestern Medicine
Location
Chicago, IL, US
LinkedIn followers
500 followers
General Business & ManagementView LinkedIn profile

About Ted Nocella

Specialties: Certified Public Accountant

Experience

  1. Director of Physician & Executive Compensation

    Northwestern Medicine

    Feb 2024 — Present · Chicago, IL, US

    Portfolio of responsibility expanded to include Executive Compensation.• Responsible for development and oversight of seven person physician compensation team and two person executive compensation team. • Direct the plan design, budget, compliance, and administration of $1.05 billion physician compensation plan for 2,700 employed physicians in a complex, integrated healthcare system.• Strategically partner with executive leadership to ensure physician compensation contributes to NM achieving short term and long term goals clinically and financially while also providing for the financial wellbeing of NM employed physicians.• Partner with the Office of the General Counsel to establish and adhere to Fair Market Value principles complying with Stark Law, Anti-Kickback Statute, False Claims Act, and all other applicable laws and regulations.• Maintain effective internal controls over physician recruitment/business plan review and approval.• Serve in advisory role on NMHC Retirement Committee as established by the Board of Directors.• Serve on Practice Acquisition Steering Committee.• Chair the HR Mentoring & Shadowing Program Committee.• Direct development and administration of internally developed web based physician compensation and productivity platform. The NM MDComp Tool provides physicians and administrators access to compensation, productivity, non-clinical effort, and benchmarking at an individual and consolidated level.

Education

  • Gies College of Business - University of Illinois Urbana-Champaign

    M.A.S., Accountancy

    2008 — 2009

  • Gies College of Business - University of Illinois Urbana-Champaign

    B.S., Accountancy

    2004 — 2008

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Ted Nocella — Director of Physician & Executive Compensation at Northwestern Medicine in Chicago, IL, US | Unifers