Physician Compensation Analyst - Physician Compensation - Days

Memorial Hospital at Gulfport•Gulfport, MS

About The Position

The Physician Compensation Analyst is responsible for collecting, analyzing and reporting data specific to provider compensation. The Analyst will ensure system policies, procedures and regulations are followed through validation of reports, and review of employment agreements. The Analyst ensures adequate systems of control are in place and working effectively. The Analyst acts as a designated resource to manage physician compensation agreements, and production reports as they pertain to organizational pay models and benefits.

Requirements

Bachelor's Degree in Business Administration, Human Resources, Accounting, Finance, Mathematics, Information Technology or Healthcare Administration
5 years of experience administering physician compensation in a healthcare system with greater than 50 employed physicians
Strong knowledge of healthcare industry, including knowledge of ICD 10 and CPT coding
Proficiency in analyzing, reporting, and interpreting data
Must be proficient with a variety of software applications, including Microsoft Office
Excellent verbal, written, and interpersonal communication skills
Ability to understand and interpret contractual agreements

Nice To Haves

Master's Degree or 7 plus years of Provider Compensation Analyst experience
Certified Compensation Professional (CCP)
5 years of experience developing and administering physician compensation programs
Preferred expertise developing pay models and understanding physician contracts

Responsibilities

Functions as designated resource to manage physician compensation agreements as they pertain to compensation pay models and benefits
Serves as a liaison with Recruiting, Compensation and Benefits, Clinic Operations, Provider Relations and Legal to validate hire and on boarding, and that employment agreements and amendments are executed
Verifies that physician compensation is in compliance with employment agreements, pay models, and survey data
Serves as the lead analyst for provider compensation
Produces and maintains pay models and calculations for all employed physicians, to include pay components such as quality, customer service and other measures that will affect compensation
Submits base compensation adjustments and additional payments to the Director, Physician Compensation and Clinic Directors for approval and communication to the provider
Leads the process of collection, analysis, and reporting of data specific to physician productivity, practice revenue, quality, expenses, compensation and other measures
Collaborates with Employment Services, and Compensation & Benefits to ensures all physician actions are consistently managed and executed
Performs wRVU audits
Tests and validates Physician and APP Productivity reports
Reviews and audits Productivity Analyses performed by Provider Production Analyst
Liaison between Population Health and Clinic Coordinators, providing and interpreting data
Trains Provider Production Analyst staff
Participates as a member of the team to achieve business goals, quality outcomes, and customer satisfaction
Provides assistance to team members as requested or required
Regular and timely attendance is required for this job
Participates on committees/councils and performance improvement activities as requested/required
Successful completion of probation and annual skills/competency requirements
Practices within legal, ethical, and professional boundaries
Maintains expertise in the area
Serves as a role model by demonstrating positive team based behaviors
Shows commitment to personal professional growth through the pursuit of advanced knowledge and skills
Safeguards confidential information
Performance of duties will be in compliance with all laws and regulations governing healthcare organizations
Performs other related duties as assigned or requested
Contributes to the daily operations of the department by performing other roles as needed