Provider Compensation Analyst Financial Analysis Consultant

Banner Health•Colorado Springs, CO

3d•$35 - $59•Hybrid

About The Position

As a Finance Consultant, Responsible for the administration of the Hospitalist and Intensivist Compensation Plan Summaries. Responsible for physician compensation and shift reporting (biweekly, monthly, quarterly, bi-annual and annually). Work collaboratively with key stakeholders, including: Legal, Human Resources, Payroll, Finance, Operations, Corporate Compliance, and other partners, as needed. Setup provider demographics, plan summaries and compensation in the new Simpliphy provider compensation software. Maintain the current manual provider compensation and shift reports to reconcile against Simpliphy balances. Acts as a resource for physicians and medical group management regarding provider productivity, physician compensation and other physician related needs pertaining to the Hospitalist and Intensivist specialties. Works on complex problems in which analysis of situations or data requires an in-depth evaluation of various factors. Must be able to work with minimal supervision and prioritize multiple projects and use of sophisticated software programs. This position provides analytical support for the financial positioning and future growth of assigned area/region. This position leads in the development, analysis, and preparation of financial plans, reporting and key performance indicators to achieve overall system and entity strategic goals and objectives.

Requirements

Requires a Bachelor’s degree in Accounting, Finance or Business Administration or equivalent experience.
Requires a proficiency level typically attained with 7+ years of experience in financial management.
Must be able to work with minimal supervision and prioritize multiple projects.
Requires excellent human relations skills and the ability to effectively interact and communicate both verbally and in writing with all levels staff and outside professionals.
Must be proficient in the use of sophisticated software programs.
Proven advanced, analytical, and modeling skills are necessary.
Must possess operational skills and knowledge in healthcare, strong leadership, and confidence.

Nice To Haves

Previous supervisory/team leadership experience preferred.
Master of Business Administration (MBA) preferred.
Experience in healthcare financial management preferred.
Additional related education and/or experience preferred.

Responsibilities

Administration of the Hospitalist and Intensivist Compensation Plan Summaries.
Responsible for physician compensation and shift reporting (biweekly, monthly, quarterly, bi-annual and annually).
Work collaboratively with key stakeholders, including: Legal, Human Resources, Payroll, Finance, Operations, Corporate Compliance, and other partners, as needed.
Setup provider demographics, plan summaries and compensation in the new Simpliphy provider compensation software.
Maintain the current manual provider compensation and shift reports to reconcile against Simpliphy balances.
Acts as a resource for physicians and medical group management regarding provider productivity, physician compensation and other physician related needs pertaining to the Hospitalist and Intensivist specialties.
Provides high level of financial expertise through analysis and interpretation of data gathered for decision support.
Gather and challenge assumptions from various multi-disciplinary teams, develop financial proformas, and assist in preparation and presentation of business plans.
Leads key financial processes within assigned area or region (e.g. operating budgets, forecasting, program reporting and analysis, charge management, cost accounting, decision support, contracting and reimbursement analysis) by coordinating resources and communication and leading process teams.
Ensures regulatory compliance within the assigned business unit(s).
Provides assistance, coordination and education, as necessary to internal customers for compliance within contractual and regulatory requirements.
Initiates and directs the identification and implementation of operating improvements and efficiencies by identifying important trends and variances through the review of management reports and financial analysis.
Implements and help guide processes to implement changes based on data.
Provides strategic financial guidance based on high level analysis of various data elements.
Provides direction to coordinate implementation and support for financial systems based software products to enhance current and future system functionality.
Develops and presents ongoing financial indicators and education programs based on the needs of assigned business unit(s).
Prepare accurate and timely management and regulatory reports by accessing information from a variety of sources and utilizing consistent reporting formats and assist in the development of meaningful performance measures.
Assignments located at various Banner locations will have regional accountability and will provide financial analysis support for multiple facilities within Banner.
Works on complex problems in which analysis of situations or data requires an in-depth evaluation of various factors.
Proven advanced analytical and modeling skills are necessary.
Must be able to work with minimal supervision and prioritize multiple projects and use of sophisticated software programs.
Exercise judgment within generally defined practices and policies in selecting methods and techniques for obtaining solutions.
Position interacts with Regulatory Agencies, Information Services Benefits, Finance and Human Resources ensure timely, accurate and efficient reporting of data and processes.
Incumbent must be able to read and understand technical pronouncements, identify compliance issues and make independent decisions.
Assignments with in the Western Region will have regional scope and accountability.
Performs all functions according to established policies, procedures, regulatory and accreditation requirements, as well as applicable professional standards.
Provides all customers of Banner Health with an excellent service experience by consistently demonstrating our core and leader behaviors each and every day.