Physician Compensation Analyst
Advocate Aurora Health
full-time
Posted on:
Location Type: Remote
Location: Alabama • Alaska • United States
Visit company websiteExplore more
Salary
💰 $33 - $50 per hour
About the role
- Performs complex planning and analysis functions; organizes implements and manages physician compensation plans; serves as a consultant to PSA and Service Line Leaders.
- Performs tasks required for the accurate calculation and payment of physician compensation.
- Prepares and documents data necessary to calculate physician compensation in accordance with contracts, addendums, and compensation plans.
- Processes other payments as required.
- Provides decision support particularly in interpretation of trends and variance analysis; and performs other related duties as assigned.
- Serves as point of contact for PSA and Service Line leaders for all physician compensation and related issues.
- Sets and monitor appropriate physician compensation draw rates; conducts monthly meetings with Senior Leadership to ensure compensation, compliance and HR process and procedures are followed.
- Responsible for obtaining and verifying reasonableness of data used to measure physician productivity, and to utilize this information in physician productivity evaluation, compensation calculation and compensation plan management.
- Prepares various physician compensation and production analyses, models and reports, physician’s following year compensation projections.
- Reconciles accounts and preparing accounting accrual entries to ensure supported, timely and accurate financial records.
- Develops and maintains reports and data related to monthly payment of physician compensation.
- Participates in Physician Compensation Department teams to create and or design physician compensation reports, plans, databases or documentation to improve processes and procedures.
- Prepares various physician compensation and production analyses, models and reports, physician’s following year compensation projections and annual physician compensation budget.
- Participates in the maintenance of reports and records to properly account for and make payments related to retention bonuses, sign-on bonuses, incentive compensation and other special compensation arrangements.
Requirements
- Typically requires 3 years of experience
- Strong computer skills, especially database and worksheet applications
- Proven analytical skills, including familiarity with large databases, analyze data and draw meaningful conclusions
- Excellent work attitude and ability to work with others
- Excellent communication skills
- Strong presentation skills
- Must be proficient in the use of Microsoft Office (Excel, Access, PowerPoint and Word) or similar products.
Benefits
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
data analysisfinancial analysisphysician compensation calculationvariance analysisaccount reconciliationreport preparationproductivity evaluationcompensation plan managementbudget preparationtrend interpretation
Soft Skills
analytical skillscommunication skillspresentation skillsteam collaborationorganizational skillswork attitudeconsultation skillsdecision supportproblem-solvinginterpersonal skills