Physician Compensation Analyst
About The Position
Duly Health and Care is looking for people who enjoy being part of transformation. As one of the largest independent, multi-specialty physician directed medical groups in the Midwest, the Physician Compensation Analyst will be a data-driven, solutionist who will contribute to the continued development of provider compensation policies, guidelines, practices & programs through research and data analytics. The Physician Compensation Analyst will be responsible for assistance in the administration and maintenance of physician & provider compensation programs in accordance with established group policies and procedures. Supports all provider compensation activities including, but not limited to provider compensation calculations, fair market value assessments, and incentive plan modeling.
Requirements
- Bachelor's Degree in Finance, Business Administration or Accounting
- 3 years of compensation experience preferred
- Attention to detail, ability to work independently, and ability to make progress with projects assigned and bring them towards successful completion.
- Experience with data and analysis
- Strong excel skills and familiarity with provider compensation and or HR systems
- Able to work effectively with internal clients
- Writes clearly using appropriate grammar, symbols, and medical terminology. Able to decipher and comprehend documentation of others, and is able to read complex research results.
- It will be critical that the candidate for this position can balance the day-to-day tactical requirements, reacts quickly and able to juggle tasks simultaneously. Must be proactive and solution oriented.
Nice To Haves
- Previous experience with Workday, Heisenberg II and EPIC/EMR systems are a plus.
Responsibilities
- Provider compensation administration.
- Assists in all aspects of provider compensation program administration.
- Plan Modeling
- Market comparative reviews and sustainability
- Collects, calculates, analyzes, and maintains provider compensation models and incentive plans for multispecialty medical group members.
- Ensure implementation and adherence of provider compensation policy and revisions.
- Maintains reporting and support for all provider compensation functions as needed.
- Monitors and tracks provider employment agreement provisions and updates as needed.
- Partners with internal departments regarding physician compensation inquires and requests.
- Assists physician compensation team with preparation of quarterly provider compensation calculations and summaries.
- Serves as point of contact to provide resources and support for customers (providers, operations, administration, and management).
- Partners with manager to provide all data analytics needed to calculate provider compensation.
- Assists in the preparation of documentation and support for annual provider compensation and financial audits.
- Assists in providing feedback to operations in conjunction with corporate communications.
- Participates in projects to ensure we are follow best practices.
- Assists in pro-forma modeling for potential acquisition targets.
- Identifies and implements efficiencies and best practices in all processes involved with provider compensation team duties.
- Responsible for ad-hoc physician compensation projects as needed.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Ambulatory Health Care Services
Number of Employees
1,001-5,000 employees
