Physician Compensation Analyst
Job Summary
Responsible for the coordination, documentation, communication and analysis of provider productivity, compensation and benefits as well as the implementation of associated plan. Performs quantitative and qualitative analysis of healthcare and financial data to support program management within the physician and advanced practice provider compensation department. Responsible for appropriate planning, communication, reporting and implementation of changes that pertain to physician incentives and additional pay programs, pricing and compensation methodologies.
Duties
- Summarize provider revenues and work relative value units (WRVUs).
- Gather data for payroll processing and benefit day tracking.
- Describes the concepts behind compensation analysis and implications of data.
- Affords assistance in the overall preparation and design of monthly compensation process, budget, and survey and market analysis through data gathering, entry and validation.
- Affords assistance with financial reporting for physicians, advanced practice providers, as well as executive leadership.
- Works with appropriate personnel to ensure accurate presentation of financial data.
- Maintains financial records and documentation.
- Reviews and validates time cards, payroll documentation, and obtains and maintains required approvals as appropriate.
- Maintains applicable tracking systems on productivity for providers, as well as troubleshoots and modifies any compensation plans as needed, ensuring all components are accurate and appropriate.
- Documents government regulations and internal policies related to compensation.
Qualifications
- Bachelor’s degree required. Prefer in an accounting, finance, or a healthcare administration field. Will consider accepting, if no Bachelor’s degree, at least six years equivalent work experience.
- Basic understanding of accounting principles and standards required.
Benefits
Sanford offers an attractive benefits package for qualifying full-time and part-time employees. Depending on eligibility, a variety of benefits include health insurance, dental insurance, vision insurance, life insurance, a 401(k) retirement plan, work/life balance benefits, and a generous time off package to maintain a healthy home-work balance. For more information about Total Rewards, visit here.
Company Information
Sanford Health, the largest rural health system in the United States, is dedicated to transforming the health care experience and providing access to world-class health care in America’s heartland. Facility: Remote ND (Bismarck)
Contact Information
If you are an individual with a disability and would like to request an accommodation for help with your online application, please call 1-877-673-0854 or send an email to talent@sanfordhealth.org. Sanford has a Drug Free Workplace Policy. An accepted offer will require a drug screen and pre-employment background screening as a condition of employment.
Equal Opportunity Employer
Sanford is an EEO/AA Employer M/F/Disability/Vet.
Application Instructions
If you are interested in this position, please visit here to apply.