Overview
This role provides compensation consulting services to Operations, Finance, Human Resources, providers, and other internal stakeholders on provider compensation topics. The position supports the design of specialty compensation models, provider productivity analysis and forecasting, data analysis, provider contract administration, and survey benchmarking. Responsibilities follow the provider compensation processes outlined in the Provider Compensation Philosophy, Policy, and Standards documents, including participation in processes to validate Fair Market Value (FMV) and Commercial Reasonableness. Recommendations are expected to support competitive and legally compliant compensation practices.
Responsibilities
- Partner with operational leaders to assess Commercial Reasonableness of provider compensation practices.
- Retrieve benchmarking and other relevant data to formulate recommendations supporting competitive, cost-effective, and legally compliant provider compensation programs and practices.
- Update provider workbooks with relevant details through contract review and collaboration with operational leaders.
- Review work for quality assurance of provider compensation data and reporting to ensure accuracy and integrity.
- Partner with contracted appraisers/consultants to provide requested data and supporting documentation for FMV assessments.
- Provide updates on provider compensation action items in recurring Service Line and Department meetings.
- Request contracts and amendments as directed.
- Maintain and audit various databases and payroll systems for provider compensation, FTE allocations, productivity, and other relevant information to ensure data accuracy and integrity.
- Support departmental provider compensation processes and administration activities to ensure timely, accurate, and compliant operations.
- Perform other duties as assigned.
Requirements
Required
- Minimum of one year of compensation, provider compensation, finance, data analytics, or related experience.
- Proficiency in Microsoft Excel, including formulas, pivot tables, data modeling, forecasting, and data analysis techniques; proficiency in Microsoft Office applications.
- Excellent analytical, problem-solving, critical thinking, and communication skills.
- Strong attention to detail and commitment to data accuracy.
Preferred
- Bachelor’s Degree in Business, Finance, or Healthcare Administration, or a related field.
- Experience supporting provider compensation programs, compensation benchmarking, productivity analysis, or provider financial operations.
Compensation & Benefits
- Compensation pay range: $41.41 - $62.11
Location
Must reside in one of the following approved remote states: AL, FL, GA, IA, LA, NH, NC, OH, SC, TN, TX, WI, WVA
Physical / Mental / Environmental Requirements
- Physical: Constant (67-100% of workday) sitting and use of arms and hands; occasional (0-33% of workday) standing, walking, bending, squatting; ability to lift, push, and pull up to 10 lbs.; auditory and visual skills.
- Mental: Critical thinking and analytical skills; ability to multi-task; ability to communicate effectively and collaborate with a multi-disciplinary team.
- Environmental: Potential risk of exposure to chemicals.
Equal Opportunity
Employment practices are nondiscriminatory based on race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status. The employer is committed to equitable and transparent compensation practices and compliance with applicable pay transparency and pay equity laws.
Accommodations
Reasonable accommodations are provided to qualified individuals with a disability who are applicants for employment or associates.