Provider Compensation Specialist

Phoebe Putney Health System; Albany (GA); On-site; USD 60,000 - 90,000; Full time

Job summary

Phoebe Putney Health System is seeking a Provider Compensation Specialist to reconcile provider compensation to contracts and compensation plans. The role includes quarterly reviews, bonus calculations, survey data submissions, and maintaining up-to-date reports.

Responsibilities also include supporting contract changes with Legal, managing contract records, and preparing forms for HR and Payroll to support compensation programs.

Qualifications

• Bachelor's Degree in finance, accounting, economics, or other business-related field is required.

Responsibilities

• Reconcile provider compensation to contract terms and compensation plans, and prepare bonus calculations and payments.
• Submit survey data and maintain reports with current information.
• Assist with provider contract changes with Legal and maintain contracts in the contract management system.
• Prepare and submit required forms to HR and Payroll to support compensation programs.
• Maintain monthly productivity data and calculate pro forma compensation for active and proposed programs.
• Maintain monthly accruals in General Ledger for incentives earned but not paid.
• Assist in compensation surveys and conduct or oversee special surveys as needed.
• Calculate quarterly productivity and incentive payments.
• Perform periodic reconciliations of actual compensation to contract terms to ensure accuracy.

Education

Bachelor's Degree in finance, accounting, economics, or other business-related field

Job description

Job Summary

Provider Compensation Specialist is responsible for reconciling provider compensation to contract or compensation plan, performing quarterly reviews of provider compensation, preparing bonus calculations and payments, submitting survey data, keeping reports updated with the most current information, as well as preparing any ad hoc reports.

Qualifications

• Bachelor's Degree in finance, accounting, economics, or other business-related field (Required)

Work Experience

• 1 or more years work experience in accounting, finance, economics, or another analytical field (Preferred)

Essential Functions

• Responsible for reconciling provider compensation to contract, preparing bonus calculations and payments, submitting survey data, keeping reports updated with the most current information, as well as preparing any ad hoc reports
• Assists with provider contract changes with Legal and maintains contracts in contract management system.
• Responsible for preparation and submission of all required forms to HR and Payroll to support provider compensation programs.
• Maintains monthly productivity data and calculates pro forma compensation for active and proposed compensation programs.
• Maintains monthly accruals in General Ledger for incentives earned but not paid.
• Prepares data and assists in various compensation surveys. May conduct or oversee special surveys to gather data on specific issue areas as required.
• Calculates quarterly productivity and incentive payments
• Performs periodic reconciliations of actual comp to provider contract terms to ensure accuracy and adherence to the contract.
• Performs other duties as assigned.
• Advises management in the administration of provider compensation programs.
• Administers quarterly productivity and incentive comp programs.
• Performs periodic reconciliations of actual comp to provider contract terms to ensure accuracy and adherence to the contract.
• Performs other duties as assigned.