Sr Provider Compensation Analyst

Joining AdventHealth is about being part of something bigger. It’s about belonging to a community that believes in the wholeness of each person, and serves to uplift others in body, mind and spirit. AdventHealth is a place where you can thrive professionally, and grow spiritually, by Extending the Healing Ministry of Christ. Where you will be valued for who you are and the unique experiences you bring to our purpose-minded team. All while understanding that together we are even better.

Benefits

• Benefits from Day One: Medical, Dental, Vision Insurance, Life Insurance, Disability Insurance
• Paid Time Off from Day One
• 403-B Retirement Plan
• 4 Weeks 100% Paid Parental Leave
• Career Development
• Whole Person Well-being Resources
• Mental Health Resources and Support
• Pet Benefits

Schedule

Full time, Day shift

Location

770 W Granada Blvd, Ormond Beach, Florida 32174

Responsibilities

• Facilitates effective communication regarding provider compensation matters with relevant stakeholders.
• Tracks, analyzes, and communicates compensation-related insights to leadership, providing actionable recommendations for improvement.
• Manages provider compensation data using relevant software systems and tools.
• Completes accurate provider compensation calculations and payment requests within specified timelines and contractual terms.
• Serves as a subject matter expert, providing guidance to HR, finance, and management on provider compensation matters.
• Identifies opportunities for process optimization and streamlining within the provider compensation function.
• Assists in the design and implementation of compensation plans, policies, and procedures that align with organizational objectives and regulatory requirements.
• Analyzes the impact and cost projections of provider compensation programs, ensuring financial sustainability.
• Collaborates with key stakeholders to develop and review provider contracts, ensuring accuracy and adherence to compensation terms.
• Assists in the preparation of budgets and monitors budget variances, ensuring financial accountability.
• Maintains accurate and secure storage of compensation data and records, ensuring confidentiality and compliance with privacy regulations.
• Performs other duties as assigned.

Requirements

• Proficiency in advanced data analysis tools, including predictive modeling, regression analysis, and scenario planning, to support evidence-based compensation decisions. [Required]
• Thorough understanding of healthcare reimbursement methodologies, including Alternative Payment Models (APMs) and their implications on provider compensation. [Required]
• Strong negotiation skills, with a proven track record of successfully aligning provider incentives with organizational goals and quality metrics. [Required]
• Experience in leading change management initiatives, ensuring smooth transitions during the implementation of new compensation strategies. [Required]
• Exceptional presentation skills, capable of effectively conveying complex compensation concepts to diverse audiences, including executive leadership and providers. [Required]
• Familiarity with global compensation practices and their impact on international recruitment and provider retention strategies. [Required]
• Proficiency in utilizing advanced HRIS (Human Resources Information System) platforms to automate compensation processes, enhance data accuracy, and optimize reporting capabilities. [Required]
• Strong knowledge of data privacy and compliance regulations, with the ability to establish and enforce robust data protection protocols within the compensation function. [Required]
• Bachelor's degree in finance, accounting, or a business-related field [Required]
• Master's degree [Preferred]
• 1+ years of experience working in provider compensation [Required]
• 5+ years of healthcare finance/accounting industry experience [Preferred]

Pay

$60,151.66 - $111,886.39

Physical Requirements

Please review the physical requirements for this role: Physical Requirements

Certain positions are subject to Florida Level 2 background screening, including fingerprinting, as required by state law. Applicants may review general information about Florida’s background screening requirements at the Florida Care Provider Background Screening Clearinghouse.