Provider Compensation Manager

adventhealth; Orlando (FL); On-site; USD 97,000 - 181,000; Full time

Benefits offered by this job

Benefits from Day One

Paid Time Off from Day One

403-B Retirement Plan

Parental Leave 4 weeks

Career Development

Whole Person Well-being Resources

Mental Health Resources

Pet Benefits

Job summary

AdventHealth is seeking a Provider Compensation Analyst to develop and streamline compensation processes within a healthcare environment. You will analyze pay structures for accuracy, ensure regulatory compliance, and collaborate with practice operators to resolve inquiries and optimize financial reporting.

Ideal candidates have 5+ healthcare industry experience, a finance-related degree, and strong communication skills.

Qualifications

• Bachelor's degree in Finance, Accounting or business
• Master's degree preferred
• 1+ year experience in provider compensation
• 5+ healthcare industry experience
• Experience in healthcare finance environment preferred

Responsibilities

• Develops and documents procedures to streamline processes and ensure compliance with regulatory requirements.
• Proactively identifies opportunities for improvement and recommends options for Provider Compensation metrics and calculations.
• Leads the monthly review of all Provider Compensation Special Payments and Administrative Pay.
• Serves as a primary point of contact with practice operators to develop solutions for compensation-related inquiries and issues.
• Reviews reconciliations of provider payroll reports and wRVU reconciliations.
• Provides interpretation and counsel to operations team regarding compensation and benefits policies, programs, and practices.
• Participates in the annual analytical review of each employed provider’s pay structure to deliver a fair market value plan that meets Commercial Reasonableness Testing.
• Leads Provider Compensation Process Analysis with Practice Operations Team, including questionnaires, observations, and modeling.
• Manages the development of high-quality financial and compensation-related reporting for practice operations.
• Communicates effectively and works collaboratively with legal services, management, compliance, internal audit, and finance to support regulatory and business requirements.
• Provides oversight of the calculation, review, and maintenance of provider compensation including production, quality, and other bonuses.
• Manages the Medical Directorship payment process and ensures payments are distributed according to the contract.
• Performs other duties as assigned.

Skills

Change management

Project management

Interpersonal skills

MS Excel

Communication

Education

Bachelor's degree in Finance, Accounting or business

Master's degree

Job description

Our promise to you:

Joining AdventHealth is about being part of something bigger. It’s about belonging to a community that believes in the wholeness of each person, and serves to uplift others in body, mind and spirit. AdventHealth is a place where you can thrive professionally, and grow spiritually, by Extending the Healing Ministry of Christ. Where you will be valued for who you are and the unique experiences you bring to our purpose-minded team. All while understanding that together we are even better.

All the benefits and perks you need for you and your family:

• Benefits from Day One: Medical, Dental, Vision Insurance, Life Insurance, Disability Insurance
• Paid Time Off from Day One
• 403-B Retirement Plan
• 4 Weeks 100% Paid Parental Leave
• Career Development
• Whole Person Well-being Resources
• Mental Health Resources and Support
• Pet Benefits

Schedule:

Full time

Shift: Day (United States of America)

Address: 2600 WESTHALL LN

City: MAITLAND

State: Florida

Postal Code: 32751

Job Description:

• Develops and documents procedures to streamline processes and ensure compliance with regulatory requirements.
• Proactively identifies opportunities for improvement and recommends options for Provider Compensation metrics and calculations.
• Leads the monthly review of all Provider Compensation Special Payments and Administrative Pay.
• Serves as a primary point of contact with practice operators to develop solutions for compensation-related inquiries and issues.
• Reviews reconciliations of provider payroll reports and wRVU reconciliations.
• Provides interpretation and counsel to operations team regarding compensation and benefits policies, programs, and practices.
• Participates in the annual analytical review of each employed provider’s pay structure to deliver a fair market value plan that meets Commercial Reasonableness Testing.
• Leads Provider Compensation Process Analysis with Practice Operations Team, including questionnaires, observations, and modeling.
• Manages the development of high-quality financial and compensation-related reporting for practice operations.
• Communicates effectively and works collaboratively with legal services, management, compliance, internal audit, and finance to support regulatory and business requirements.
• Provides oversight of the calculation, review, and maintenance of provider compensation including production, quality, and other bonuses.
• Manages the Medical Directorship payment process and ensures payments are distributed according to the contract.
• Performs other duties as assigned.

Knowledge, Skills, and Abilities:

• Ability to influence change, clarify ambiguity, and mobilize team members at all levels in the organization for meaningful action [Required]
• Ability to work in a project-oriented, fast-paced environment to meet deadlines [Required]
• Strong interpersonal skills and managerial skills [Required]
• Excellent computer skills including e-mail, spreadsheets using Microsoft software platforms [Required]
• Excellent communication skills in all formats [Required]
• Assist in educating and training of VPs, Directors, and Providers [Required]
• Innovative thinking skills [Required]

Experience and Education

Experience in the healthcare industry Finance/Accounting environment [Preferred]

Education:

• Bachelor's [Required]
• Master's [Preferred]

Field of Study:

• in Finance, Accounting or business

Work Experience:

• 1+ experience in provider compensation [Required]
• 5+ healthcare industry experience [Required]

Additional Information:

• N/A

Licenses and Certifications:

• N/A

Physical Requirements:

Physical Requirements - https://tinyurl.com/23km2677

Pay Range:

$97,219.20 - $180,835.20

Background Screening Requirement (Florida Law)

Certain positions are subject to Florida Level 2 background screening, including fingerprinting, as required by state law.

Applicants may review general information about Florida’s background screening requirements at the Florida Care Provider Background Screening Clearinghouse: https://info.flclearinghouse.com/

This facility is an equal opportunity employer and complies with federal, state and local anti-discrimination laws, regulations and ordinances.