Senior Provider Compensation Analyst

Employment Type:

Full timeShift:

Description:

POSITION DESCRIPTION:

The Senior Provider Compensation Analyst assists with the design, development, implementation and maintenance of provider compensation models. This role maintains quarterly Physician Compensation Models calculations as assigned (may be Primary Care or Specialty); accumulates necessary data for the models and analysis of the results. Responsibilities will include gathering requested data, analyzes, models and preparation of reports as requested by Operational Staff to support effective practice decisions on office staffing levels and provider compensation. With limited supervision, position will involve interfacing with physicians, other members of Finance as well as Operational and Administrative Leadership regarding compensation questions and issues.

ESSENTIAL JOB FUNCTIONS:

• Assists with the accurate capture and analyst team processing of all source data utilized in determining provider compensation allocations.
• Assists with the design, development, assessment and implementation of new compensation programs.
• Responsible for the accurate compilation and analysis of the quarterly Compensation Model calculations as assigned; accumulates all necessary data required by the compensation model and for thorough analysis of the results.

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• Ensures that all plans are well-documented with clear information and instruction regarding payment formulas, timing and other relevant information to support accurate and timely administration of each compensation model.
• Accountable for the accurate capture and reporting of all source data utilized in determining physician compensation allocations, including the preparation of quarterly overheads, Relative Value Units (RVUs) monthly productivity reports, and payroll reports needed for input into the model; ensures information is accurately recorded in the general ledger.
• Assists with training regarding provider compensation models to ensure understanding of practice and individual provider compensation results; communicates with providers directly when questions regarding their individual compensation results arise.
• Gathers requested data, analyzes, models, and prepares reports as requested by Operational Staff to support effective practice decisions on office staffing levels and provider compensation.

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• Responds to provider or office leadership questions regarding quarterly provider compensation results; researches questions or issues regarding compensation calculations or determination of compensation amount; communicates back with responses to questions in a timely manner.
• Assists the finance team with general ledger support and other duties, as necessary.
• Performs other duties as assigned.

ORGANIZATIONAL EXPECTATIONS:

• Creates a positive, professional, service-oriented work environment for staff, patients and family members by supporting the mission and values of Trinity Health Medical Group.
• Must be able to work effectively as a member of the Finance team.
• Assumes responsibility for performance of job duties in the safest possible manner, to assure personal safety and that of coworkers, and to report all preventable hazards and unsafe practices immediately to management.
• Successfully completes all relevant organizational training and adheres to Trinity Health Medical Group standard of care as outlined in the Trinity Health Code of Conduct.
• Maintains knowledge of and complies with Trinity Health Medical Group standards, policies and procedures.
• Maintains general knowledge of Trinity Health Medical Group office services and in the use of all relevant office equipment, computer and manual systems.
• Maintains strict confidentiality in compliance with Trinity Health Medical Group and HIPAA guidelines.
• Serves as a role model by demonstrating exceptional ability and willingness to take on new and additional responsibilities. Embraces new ideas and respects cultural differences.
• Uses resources efficiently.
• If applicable, responsible for ongoing professional development – maintains appropriate licensure/certification and continuing education credentials, participates in available learning opportunities.

ESSENTIAL QUALIFICATIONS:

EDUCATION: Bachelor’s degree in relevant field or an equivalent combination of education and relevant work experience. CREDENTIALS/LICENSURE: None MINIMUM EXPERIENCE: 3-5 years of provider compensation experience required. Payroll and accounting experience preferred.

POSITION REQUIREMENTS (ABILITIES & SKILLS):

• Able to perform position responsibilities independently, with limited supervision.

2. Thorough knowledge of provider compensation, accounting, finance principles and organizational policies related to position responsibilities.
3. Proficient/knowledgeable in provider compensation and accounting terminology.

• Ability to perform mathematical calculations, often with a moderate to high level of complexity, during the course of performing basic job duties.
• Proficient in operating a standard desktop and Windows-based computer system including, but not limited to, payroll and accounting systems, email, e-learning, intranet, Microsoft Word and Excel, and computer navigation. Ability to use other software as required while performing the essential functions of the job.
• Excellent communication skills in both written and verbal forms, including proper phone etiquette. Ability to speak before groups of people, either in-person or virtually.
• Ability to work collaboratively in a team-oriented environment; displays courteous and friendly demeanor.
• Ability to work effectively with various levels of organizational members and diverse populations including staff, providers, vendors, external customers and others, as necessary.
• Ability to cross-train in other areas of Finance in order to achieve smooth flow of all operations.
• Good organizational and time management skills to effectively juggle multiple priorities and time constraints.
• Ability to exercise sound judgment and problem-solving skills, specifically as it relates to resolving issues regarding provider compensation calculations.
• Ability to handle payroll, accounting and organizational information in a confidential manner.
• Successful completion of competency-based program within introductory and training period.

Our Commitment

Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.