Provider Productivity and Performance Analyst

Essential Job Duties

• Provides analysis and recommendations regarding provider compensation structures and incentive plans with a focus on improving consistency, reducing organizational risk and simplifying processes where appropriate.
• Participates in and supports the COO with the Physician Compensation Committee (PCC) providing recommendations and further insight to support the Committee’s decision-making process.
• Interprets and analyzes compensation terms outlined in Provider Employment Agreements and Professional Services Agreements to ensure accurate implementation and administration.
• Provides analytical support for Fair Market Valuation processes and helps ensure compensation arrangements align with regulatory requirements and organizational guidelines.
• PARTNERS WITH SERVICE LINE AND MEDICAL GROUP LEADERSHIP TO CONDUCT COMPREHENSIVE AND COMPLEX ANALYSIS RELATED TO PROVIDER COMPENSATION AND PRODUCTIVITY.
• OVERSEES THE PREPARATION, VALIDATION AND DISTRIBUTION OF QUARTERLY COMPENSATION RECONCILIATIONS IN ACCORDANCE WITH EMPLOYMENT AGREEMENTS.
• COLLABORATES WITH EXTERNAL VALUATION FIRMS AND CONSULTANTS TO SUPPORT DATA COLLECTION, ANALYSIS AND DOCUMENTATION FOR FAIR MARKET VALUE AND COMMERCIAL REASONABILITY REVIEWS.
• MONITORS AND ANALYZES TRENDS IN PROVIDER COMPENSATION AND PRODUCTIVITY USING INDUSTRY SOURCES SUCH AS AMGA, MGMA AND SULLIVAN COTTER AS WELL REGIONAL AND PEER MEDICAL GROUP MARKET DATA.
• DEVELOPS AND DELIVERS CLEAR, ACCURATE AND TIMELY REPORTS AND DASHBOARDS TO SUPPORT MEDICAL GROUP AND SERVICE LINE LEADERSHIP DECISION MAKING.
• PROVIDES ANALYTICAL SUPPORT AND COMPENSATION RELATED INPUTS TO THE ANNUAL CLINICAL ENTERPRISE BUDGET PROCESS.

Educational/Experience Requirements

• Bachelor’s degree in Finance, Accounting, Healthcare Administration or related field; or equivalent combination of education and experience.
• Minimum of 5 years of experience in provider productivity analysis, physician compensation administration or medical group financial analytics.
• Experience working with physician compensation benchmarking sources (e.g. MGMA, AMGA, Sullivan Cotter) preferred.
• Advanced proficiency in Microsoft Excel and strong financial and data analysis skills required.
• High level of discretion and ability to manage confidential information.
• Ability to manage multiple priorities and work independently with minimal supervision.

Luminis Health Benefits Overview

• Medical, Dental, and Vision Insurance
• Retirement Plan (with employer match for employees who work more than 1000 hours in a calendar year)
• Paid Time Off
• Tuition Assistance Benefits
• Employee Referral Bonus Program
• Paid Holidays, Disability, and Life/AD&D for full-time employees
• Wellness Programs
• Employee Assistance Programs and more

Working Conditions, Equipment, Physical Demands

• There is a reasonable expectation that employees in this position will not be exposed to blood-borne pathogens.
• Physical Demands - Light work. Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects. If the use of arm and/or leg controls requires exertion of forces greater than that for sedentary work and the worker sits most of the time, the job is rated for light work.

Location

Annapolis, MD