Provider Compensation Senior Financial Analyst
About The Position
LCMC Health Physician Group (LHPG) is seeking a Senior Financial Analyst to support the design, administration, analysis, and reporting of provider compensation programs across its physician enterprise. The role partners with Finance, Clinic Operations, Human Resources, Payroll, and physician leadership to ensure compensation is accurate, data-driven, and aligned with organizational goals. The analyst develops and validates compensation calculations and models, analyzes provider productivity and financial performance, supports planning and reporting, reconciles data across systems, and administers compensation documentation and inquiries. The position also identifies process improvements and develops standardized tools and controls to improve accuracy, transparency, and efficiency. It is based in New Orleans, Louisiana, and is a day-shift position.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, Healthcare Administration, or a related field.
- At least 2 years of healthcare finance experience, preferably in physician practice, ambulatory, or medical group finance.
- Strong financial analysis, modeling, and quantitative problem-solving skills.
- Advanced Microsoft Excel skills, including pivot tables, lookup functions, complex formulas, and financial modeling.
- Experience reconciling large, complex datasets and identifying data discrepancies.
- Ability to interpret contractual terms and translate them into accurate financial calculations.
- Exceptional attention to detail and ability to manage confidential financial information.
- Strong communication skills, including ability to explain complex financial concepts to finance and operational leaders.
Nice To Haves
- Experience in physician/provider compensation, medical group finance, clinic operations, or healthcare consulting.
- Working knowledge of physician productivity and compensation metrics, including wRVUs.
- Experience supporting budgeting, forecasting, payroll reconciliation, or compensation planning.
- Experience using Power BI, Power Query, SQL, or other business intelligence and analytics tools.
- Familiarity with healthcare financial, HR, payroll, or provider productivity systems.
- Experience supporting a multi-site physician practice or ambulatory care network.
Responsibilities
- Develop, maintain, and validate provider compensation calculations according to approved plans and contractual terms.
- Build compensation models incorporating base salary, productivity and quality incentives, guarantees, administrative stipends, and other components.
- Analyze provider productivity, compensation, and financial performance using measures such as wRVUs, professional revenue, collections, and compensation per wRVU.
- Perform scenario modeling and financial analysis to evaluate proposed compensation changes.
- Support annual compensation planning, budgeting, forecasting, and provider true-up processes.
- Prepare recurring provider compensation, productivity, and financial performance reports for leadership.
- Compare actual compensation results with budgets, forecasts, contractual expectations, and historical trends; identify variances, unusual trends, discrepancies, and improvement opportunities.
- Provide financial insights on provider compensation expense drivers and clinic performance, including provider-, service-line-, and clinic-level analysis.
- Reconcile compensation calculations to payroll records, productivity reporting, source systems, and financial statements.
- Validate provider roster information, compensation terms, productivity measures, and other critical inputs; investigate data discrepancies.
- Maintain comprehensive documentation and audit-ready support for compensation calculations.
- Review employment agreements, compensation plans, exhibits, and amendments to identify financial terms.
- Maintain compensation schedules, assumptions, and supporting documentation.
- Support provider onboarding, compensation changes, contract renewals, and terminations.
- Respond to compensation-related inquiries and explain compensation calculations and methodologies.
- Assist with internal and external audit requests.
- Identify and implement ways to streamline compensation calculations and reporting.
- Develop standardized reporting tools, controls, templates, and documentation.
- Partner with operational and finance teams to improve data quality, reporting accuracy, and process efficiency.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
