Support development, analysis, and administration of physician and APP compensation programs. Perform FMV analyses, benchmarking, compensation modeling, and compliance reviews. Collaborate with operational leaders and external valuation partners to inform compensation recommendations, contract renewals, acquisitions, and provider recruitment. Prepare compensation calculations using wRVUs, collections, charges, and productivity metrics.
Job Summary
The Physician Compensation Analyst supports the development, analysis, and administration of physician and advanced practice provider (APP) compensation programs. This role performs compensation modeling, fair market value (FMV) analysis, provider benchmarking, and compliance review activities to support compensation recommendations and operational decision-making. The Physician Compensation Analyst collaborates with internal stakeholders, operational leadership, and external valuation partners to support provider compensation arrangements, contract renewals, acquisitions, and related compensation initiatives in alignment with organizational standards and federal healthcare regulations.
***This role is considered FT but consists of 32 hours, working 4 days a week***
Essential Functions
- Performs fair market value (FMV) analyses and reviews proposed compensation arrangements to ensure alignment with organizational standards and regulatory requirements.
- Collaborates with external valuation vendors and maintains tracking tools and project status documentation related to FMV reviews and compensation requests.
- Analyzes provider compensation structures, survey data, productivity metrics, and operational reports to support compensation recommendations and modeling activities.
- Supports compensation analysis and FMV review activities for hospital-based specialties, including hospital medicine, emergency medicine, and anesthesia services.
- Communicates compensation recommendations and modeling approaches to facility and operational stakeholders and participates in meetings to explain compensation methodologies and structures.
- Reviews and analyzes operational and financial data associated with acquisitions, provider recruitment, and compensation-related initiatives.
- Calculates provider compensation components, including base salary, incentives, bonuses, and productivity-based compensation using metrics such as wRVUs, collections, charges, and patient encounters.
- Supports compliance with applicable federal healthcare regulations, including Stark Law and Anti-Kickback Statute requirements, related to provider compensation arrangements.
- Assists with provider compensation contract renewals, amendments, and related compensation administration activities.
- Performs other duties as assigned.
- Maintains regular and reliable attendance.
- Complies with all policies and standards.
Qualifications
- Bachelor's Degree in Accounting, Finance, Human Resources, Healthcare Administration, Business Analytics, or a related field required
- 2-4 years of experience performing financial, compensation, or operational analysis in a healthcare environment required
- Experience with provider compensation, FMV analysis, physician survey data, or healthcare operations preferred
Knowledge, Skills and Abilities
- Knowledge of provider compensation methodologies, financial analysis principles, and healthcare operational metrics.
- Knowledge of provider compensation survey data sources such as MGMA, SullivanCotter, or similar benchmarking resources.
- Understanding of federal healthcare regulations related to provider compensation arrangements, including Stark Law and Anti-Kickback Statute requirements.
- Strong analytical and problem-solving skills with the ability to interpret financial and operational data.
- Advanced proficiency in Microsoft Excel or Google Sheets, including pivot tables, formulas, and data analysis functions.
- Effective written and verbal communication skills.
- Ability to manage multiple priorities and maintain attention to detail in a fast-paced environment.
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