Physician Compensation Analyst

About the position

The Physician Compensation Analyst in our medical group is responsible for supporting all stakeholders in the Medical Group, compiling physician compensation plans, department forecasts, and physician metrics reporting on a monthly basis. They are responsible for the tracking, compilation, distribution and management of departmental forecasts, productivity and reporting (Daily and Monthly). The Physician Compensation Analyst assists provider recruitment with Proforma preparation. They assess current physician database and work to create a master database from which Medical Group SQL and Tableau report creation will occur. The Physician Compensation Analyst works with VPs and Regional Director to facilitate timely and accurate communication of financial performance. Working with highly engaged leaders and executive team, this is a great opportunity to positively impact medical group operations and best serve our community! Join us and become LoyolaStrong.

Responsibilities

• Compiles all departmental and individual compensation and productivity forecasts with benchmarking data.
• Prepares financial reports to assist department stakeholders with the development of current and long-term strategic planning forecasts.
• Processes and maintains all new and terminated providers in the Master Database.
• Ensures all appropriate accruals (locums and Independent Contractor Payments) are accounted for.
• Compiles month end metrics and maintains all updates in the Master Dashboard system.
• Works within the Medical Group, Administration, Executive Directors to evaluate performance and contribution margins of faculty.
• Develops annual forecast per the guidelines established by the Medical Group, LUHS and SSOM.
• Works with Chairman, appropriate VP's, Executive Directors and Faculty to review visit, WRVU, and financial performance.
• Provides physician modeling to Chair, VP's Executive Directors throughout the year based on changes to productivity, directorships, etc.

Requirements

• Bachelor's degree in finance, data analytics, accounting or related field.
• 3-5 years of previous job-related experience, preferably with a medical group or physician practice.
• Experience in developing and managing physician compensation models.
• Report creation using SQL and Tableau, Excel and other reporting tools highly desired.

Benefits

• Daily Pay
• Career Development
• Tuition Reimbursement
• Tuition Assistance available from Day One
• On Site Fitness Center (Gottlieb Memorial Hospital & LUMC)
• Educational Stipend
• Certification reimbursement (up to 1 certification)
• Referral Rewards