Senior Physician Compensation Analyst - Physician Practice Administration - Roper St. Francis Office Park
About The Position
The Senior Financial Analyst is responsible for leading the physician payment process, including cap testing all bonus payments, calculating productivity reconciliation payments, and reviewing monthly physician incentive accruals. This role ensures that submitted physician bonus payments have appropriate supporting documentation according to the terms of the physician employment agreement and RSFH policies and procedures. The analyst is responsible for cap testing all physician payments, routing them for appropriate review (e.g., finance, PACE), and submitting payments to payroll in accordance with RSFH policies and procedures. Additionally, the role involves completing productivity reconciliation calculations for physician incentive payments, ensuring payments are issued per the terms of the physician's employment agreement and organizational policies. The Senior Financial Analyst also completes monthly physician true-ups to share calculation details with managers and individual physicians. The position assists the Director of Physician Compensation with compensation initiatives and ad hoc analytics and projects as requested by medical group leaders and the Director of Physician Compensation.
Requirements
- Bachelor’s degree in finance, accounting or related field (required)
- 5 years of experience in finance or accounting (required)
- Proficient in Excel
- Strong analytical skills
- Ability to perform data analysis and modeling
- Understand financial accounting data within healthcare
- Ability to develop financial reports
- Attention to detail
- Critical thinking
- Problem solving
- Strong verbal and written communication skills
- Active listening
- Time management – managing multiple tasks and deadlines
- Adaptability
Nice To Haves
- Prior compensation experience (preferred)
- Expertise in using compensation survey data to benchmark physician salaries
- Experience with budget management and forecasting
- Understanding of physician compensation models, market trends and regulatory requirements (Stark Law & Anti-Kickback Statute)
- Relationship building with physicians & leaders
Responsibilities
- Ensures submitted physician bonus payments have appropriate supporting documentation per the terms of the physician employment agreement and RSFH policies and procedures.
- Responsible for cap testing all physician payments, routing for appropriate level of review (i.e., finance, PACE), and submitting payments to payroll consist with RSFH policies and procedures.
- Completes productivity reconciliation calculations for physician incentive payments and ensures payments are issued per the terms of the physician’s employment agreement and organization policies and procedures.
- Responsible for completing monthly physician true-ups to share details of calculations with managers and individual physicians.
- Assist Director of Physician Compensation on compensation initiatives as requested.
- Assist medical group leaders and Director of Physician Compensation with ad hoc analytics and projects as requested.
Benefits
- Competitive pay, incentives, referral bonuses and 403(b) with employer contributions (when eligible)
- Medical, dental, vision, prescription coverage, HAS/FSA options, life insurance, mental health resources and discounts
- Paid time off, parental and FMLA leave, and short- and long-term disability
- Tuition assistance, professional development and continuing education support
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What This Job Offers
Job Type
Full-time
Career Level
Senior
