Provider Compensation Specialist

About the role

Provider Compensation Specialist is responsible for reconciling provider compensation to contract or compensation plan, performing quarterly reviews of provider compensation, preparing bonus calculations and payments, submitting survey data, keeping reports updated with the most current information, as well as preparing any ad hoc reports.

Qualifications

• Bachelor's Degree in finance, accounting, economics, or other business-related field (Required)
• 1 or more years work experience in accounting, finance, economics, or another analytical field (Preferred)

Responsibilities

• Reconcile provider compensation to contract, prepare bonus calculations and payments, submit survey data, and keep reports updated with the most current information
• Prepare any ad hoc reports as needed
• Assist with provider contract changes with Legal and maintain contracts in contract management system
• Prepare and submit all required forms to HR and Payroll to support provider compensation programs
• Maintain monthly productivity data and calculate pro forma compensation for active and proposed compensation programs
• Maintain monthly accruals in General Ledger for incentives earned but not paid
• Prepare data and assist in various compensation surveys; may conduct or oversee special surveys to gather data on specific issue areas as required
• Calculate quarterly productivity and incentive payments
• Perform periodic reconciliations of actual compensation to provider contract terms to ensure accuracy and adherence to the contract
• Advise management in the administration of provider compensation programs
• Administer quarterly productivity and incentive compensation programs
• Perform other duties as assigned