Senior Provider Compensation Analyst

Mass General Brigham•Somerville, MA

3d•$79,560 - $115,721•Remote

About The Position

In this highly visible role, you will serve as a trusted advisor to HR, Finance, and clinical leadership, leveraging market intelligence and data-driven insights to design, analyze, and optimize provider compensation and benefits programs. The ideal candidate brings hands-on experience with provider compensation models, productivity-based incentives, regulatory compliance, and market benchmarking within a healthcare environment.

Requirements

Demonstrated experience in provider compensation, physician compensation, or healthcare compensation consulting.
Strong understanding of provider compensation methodologies, benchmarking data, productivity metrics (wRVUs), and incentive plan design.
Advanced analytical and financial modeling capabilities.
Experience partnering with physician leaders, executives, and cross-functional stakeholders.
Knowledge of healthcare regulatory requirements impacting provider compensation preferred.
Ensure all compensation and benefits programs comply with federal, state, and local laws, regulations, and accreditation standards.
Assist in developing and maintaining compensation models, including productivity-based, value-based, and hybrid compensation plans for different types of providers and specialties.
Bachelor's Degree Human Resources Management required or Bachelor's Degree Related Field of Study required
5-7 years experience in provider compensation analysis, benefits administration, or related roles in a healthcare setting required
Strong knowledge of provider compensation models, benefits administration, and regulatory requirements in healthcare.
Proficiency in data analysis tools, HRIS, compensation management software, and Microsoft Excel.
Excellent analytical, problem-solving, and communication skills.
Experience working with healthcare provider compensation plans, including RVU-based and value-based models.
Knowledge of physician compensation regulations.
Ability to maintain confidentiality and handle sensitive information.

Responsibilities

Analyze and evaluate provider compensation structures, including base salary, productivity incentives, quality metrics, bonuses, and other financial rewards.
Develop, implement, and maintain provider compensation models that support organizational growth, physician engagement, recruitment, and retention initiatives.
Provide expert guidance on physician and advanced practice provider compensation trends, market competitiveness, and compensation design.
Perform comprehensive compensation benchmarking using national and regional healthcare compensation surveys and industry data.
Monitor market trends, regulatory changes, and emerging best practices related to provider compensation.
Deliver actionable recommendations to leadership based on market intelligence and data analysis.
Partner in the design, administration, and evaluation of provider benefits offerings, including health and welfare plans, retirement programs, paid time off, disability coverage, and other benefit programs.
Analyze utilization and cost trends to identify opportunities for program enhancements and cost efficiencies.
Conduct complex analyses to evaluate the effectiveness of compensation and benefits programs.
Develop reports, dashboards, and presentations that provide meaningful insights to executive and clinical stakeholders.
Ensure the accuracy, integrity, and reliability of compensation and benefits data across systems and reporting platforms.
Work closely with HR, Finance, Legal, Compliance, and physician leadership to align compensation programs with organizational objectives and budget requirements.
Consult with leaders on compensation matters related to recruitment, retention, provider productivity, and workforce planning.
Support compliance with all applicable federal, state, and local regulations impacting provider compensation.
Assist with compensation reviews and documentation related to healthcare regulatory requirements, including fair market value and commercial reasonableness considerations.
Assist in developing and maintaining a variety of provider compensation arrangements, including: Productivity-based compensation plans, Value-based compensation programs, Hybrid compensation models, Specialty-specific provider compensation structures.
Evaluate compensation plan effectiveness and recommend enhancements that drive organizational and provider performance.