Senior Financial Analyst & Compensation Plan Administrator - Outpatient Services

Pine Rest Christian Mental Health Services • Grand Rapids, MI

5d

About The Position

The Senior Financial Analyst & Compensation Plan Administrator is responsible for defining, implementing, and administering the ORS Compensation Plan for clinical staff and clinical programs within ORS. The role recommends matrix placement and compensation levels for clinical staff using agreed criteria, analyzes ORS financial data, and makes recommendations based on the analysis. The position requires excellent customer service and enthusiasm for the program and Pine Rest organization.

The role manages bonus compensation data and reporting, supports provider productivity and quality performance, and helps ensure RVU payouts reflect actual reimbursement rates. It also works with consultants and clinical leaders on psychiatry compensation and provides financial forecasts, business plans, cost analyses, and other financial support to ORS. The position is responsible for upholding Pine Rest’s stated values and completing annual training and required programmatic competency requirements.

Requirements

• Bachelor’s degree in a related field; proficiency is normally attained through completion of this degree.
• Demonstrated experience in a professional administrative environment.
• Proficiency with Excel and other business software packages.

Nice To Haves

• MBA preferred.

Responsibilities

• Manage the bonus plan and data used for bonus payouts, including productivity and quality metrics.
• Run monthly and quarterly reports tracking bonus-plan metrics.
• Monitor actual reimbursement rates to ensure appropriate dollar amounts for RVU payouts.
• Recommend productivity expectations based on changes to CMS values.
• Track special circumstances, extra duties, coverage, and supervision roles for approximately 350 providers using individual compensation sheets.
• Meet with new providers to explain the bonus plan, metrics, expectations, and daily schedules.
• Work with the ORS Clinical Director to advise on and monitor clinicians who are not meeting expectations.
• Consult with ORS Regional Directors and Clinic Managers regarding provider productivity and quality metric issues.
• Develop tools providers can use to track their metrics.
• Work with outside consultants to ensure psychiatry compensation meets applicable standards and market value.
• Recommend psychiatry compensation based on reviews of internal and external productivity data.
• Participate in psychiatry interviews and explain the bonus compensation plan, including expectations for daily patient face-to-face time and collaboration.
• Provide psychiatry projections and cost analysis to support advocacy for increased payor reimbursements.
• Forecast revenue and expenses for ORS as a whole and within individual cost centers.
• Review revenue and expense trends to assess whether ORS is on track to meet its budget.
• Develop business plans for new business areas or expansions of existing business.
• Analyze the financial viability of new and existing business.
• Audit, investigate, and provide solutions to issues related to productivity, visits, and financial revenue.
• Complete other projects assigned by the ORS Director of Operations.
• Uphold Pine Rest’s healing ministry through relationships that honor integrity, stewardship, empowerment, diversity, equity, inclusion, and professional excellence.
• Maintain annual training and demonstrate competency in required programmatic training.
• Perform other duties or functions as assigned.

Benefits

• Medical, dental, vision, and life insurance plans.
• 403(b) retirement match contribution by Pine Rest.
• Generous paid time off for full-time and part-time employees.
• Tuition assistance and loan forgiveness.
• Employee Assistance Program with free and discounted services, including therapy, legal, accounting, and gym membership services.
• Tuition discounts for employees and family members through a partnership with Davenport University.

What This Job Offers

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