Provider Compensation Analyst - Full Time - Remote

Erlanger Health System • Chattanooga, TN

1d • Remote

About The Position

The Provider Compensation Analyst provides compensation consulting services for Erlanger Medical Group employed providers and independent contracted providers of Erlanger Health. The role works closely with leadership in Provider Recruitment, EMG Operations, and the EMG Business Office to analyze compensation design and benchmarking, physician productivity, fair market value, and provider contract review and management.

Requirements

• Bachelor's degree in business, health care administration, finance, or a related field.
• At least five years of finance or compensation experience.
• At least two years of physician or provider compensation experience, or a solid understanding of physician billing and productivity measures such as CPT, wRVU, charges, and collections.
• At least two years of experience in a hospital or healthcare-related environment.
• Proficiency in Microsoft Word, Excel, and Outlook.

Nice To Haves

• Master's degree in health or hospital administration, business administration, finance, or a related field.
• Ability to communicate effectively and professionally, verbally and in writing, with key organizational stakeholders.
• Ability to manage multiple projects.

Responsibilities

• Conduct benchmarking and data analysis to formulate compensation recommendations that align with system compensation-program standards.
• Interpret, analyze, and implement compensation arrangements specified in Provider Employment Agreements.
• Manage components of and participate in annual or biannual provider contract reviews, including preparing productivity reports, recommending salary adjustments, and gathering and analyzing data to assess incentive-goal achievement.
• Participate in and complete annual provider compensation and productivity surveys.
• Collaborate with external appraisers and consultants to obtain fair market value and commercial reasonableness analyses for proposed compensation plans.
• Partner with Provider Recruitment and Operations teams to address business and operational issues.
• Partner with the EMG Business Office and, as needed, back up the EMG Financial Analyst with provider incentive and variable compensation calculations and payroll uploads.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level