Provider Compensation Analyst - Remote - Full Time

Overview

This role provides compensation consultative services for employed providers and independent contracted providers of the health organization. The Provider Compensation Analyst partners closely with leadership in Provider Recruitment, EMG Operations, and the EMG Business Office to deliver compensation design and benchmarking analysis, physician productivity analysis, fair market value (FMV), and contract review and management.

Responsibilities

• Conduct benchmarking and data analysis to formulate compensation recommendations aligned with the system’s compensation program standards
• Interpret, analyze, and implement compensation arrangements as stipulated in Provider Employment Agreements
• Manage components and participate in annual/bi-annual provider contract review processes, including:
  • Preparing productivity reports
  • Recommending salary adjustments
  • Gathering and analyzing data to determine incentive goal achievements
• Participate in and complete annual provider compensation and productivity surveys
• Collaborate with external appraisers/consultants to obtain fair market value (FMV) and commercial reasonableness (CR) analysis for proposed compensation plans
• Partner with Provider Recruitment and Operations teams to help solve business and operational issues
• Partner with the EMG Business Office and, as needed, serve as backup to the EMG Financial Analyst for calculations of provider incentive compensation, variable compensation, and uploads to Payroll

Requirements

Education

• Bachelor’s degree (in business, health care administration, or finance), or related field required

Experience

• Minimum of Five (5) or more years of finance or compensation experience
• Two (2) years of physician or provider compensation experience and/or a solid understanding of physician billing and productivity measures (i.e., CPT, wRVU, Charges, Collections, etc.)
• Two (2) years of experience in a hospital or healthcare related environment
• Proficiency in Microsoft Word, Excel, and Outlook

Preferred Qualifications

• Master’s degree in health/hospital administration, business administration, finance, or related field
• Ability to effectively and professionally communicate verbally and in writing to key stakeholders within the organization
• Ability to multi-task projects

Compensation & Benefits

Not specified in the provided description.

Location & Schedule

• Remote
• Full Time
• Chattanooga, TN (Erlanger Baroness Hospital Chattanooga, TN is referenced in the source description)
• Regular standard hours (details not provided in the source description)