Provider Compensation Analyst

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Delivers compensation consulting services to Operations, Finance, Human Resources, providers, and other internal stakeholders regarding provider compensation issues.

• Assists in the development of specialty compensation models, provider productivity analysis and forecasting, data analysis, provider contract management, and survey benchmarking.

• Engages in activities to verify Fair Market Value (FMV) and Commercial Reasonableness.

• Offers recommendations that promote competitive and legally compliant compensation practices.

• Collaborates with operational leaders to evaluate the Commercial Reasonableness of provider compensation practices.

• Gathers benchmarking and pertinent data to create informed recommendations.

• Updates provider workbooks by reviewing contracts and working closely with operational leaders.

• Conducts quality assurance reviews of provider compensation data and reporting.

• Works alongside contracted appraisers/consultants for FMV evaluations.

• Provides updates on provider compensation action items during regular Service Line and Department meetings.

• Requests contracts and amendments as instructed.

• Maintains and audits databases and payroll systems for provider compensation, FTE allocations, productivity, and associated information.

• Assists with departmental provider compensation processes and administrative tasks.

• Undertakes additional duties as assigned.

⛳️ Requirements

• At least one year of experience in compensation, provider compensation, finance, data analytics, or a related field is required.

• Proficient in Microsoft Excel, including formulas, pivot tables, data modeling, forecasting, and data analysis methodologies.

• Skilled in Microsoft Office Applications.

• Exceptional analytical, problem-solving, critical thinking, and communication skills.

• Strong attention to detail and a commitment to data accuracy.

• Ability to sit and utilize arms and hands consistently (67-100% of the workday).

• Capability to stand, walk, bend, and squat occasionally (0-33% of the workday).

• Ability to lift, push, and pull up to 10 lbs.

• Proficient auditory and visual skills.

• Ability to manage multiple tasks simultaneously.

• Effective communication and collaboration skills with a multi-disciplinary team.

• Potential risk of exposure to chemicals.

🏝️ Benefits

• Comprehensive health insurance plans.

• Retirement savings options with employer contributions.

• Opportunities for professional development and growth.

• Flexible working arrangements.

• Generous paid time off and holiday policies.