Remote Provider Compensation Analyst – Pay Strategy

Providence Health & Services; Billings (MT); Remote; USD 70,000 - 100,000; Full time

Job summary

Providence Health & Services is seeking a Provider Compensation Analyst to support compensation design and analysis across the Providence system. This role is remote with eligibility across most states and involves data gathering, market analysis, proformas, and plan modeling for new physicians and acquisitions.

You will collaborate with the Provider Compensation team and system leaders to align with care strategies, financial goals, and performance objectives while upholding Providence mission

Qualifications

• Bachelor's Degree in Healthcare, Human Resources, Business, Finance, or related area.
• 3 years Experience in progressively responsible roles with demonstrated compensation design, finance, physician practice management, and strong project/change management skills.

Responsibilities

• The Provider Compensation Analyst provides analysis and design of provider compensation programs.
• Responsibilities include data gathering and analysis, CPT coding reviews, creation of proformas, report development, provider market analysis, and plan modeling for newly hired physicians, acquisitions, and contract renewals.
• Participates as a member of an implementation team for new acquisitions being brought onto the system.
• Performs research on specific matters such as legal compliance, trend analysis, review and analysis of market surveys on provider pay, production, revenue, coding and billing.
• Performs fair market value assessments of provider compensation plans and works with third party firms to obtain and manage the external fair market review process, as needed.
• Works with the Provider Compensation team and system leaders to develop plans to support care strategies, quality and performance objectives, financial goals and the funding of provider development activities.

Skills

Data analysis

Compensation design

Project management

Market analysis

Education

Bachelor's Degree in Healthcare, Human Resources, Business, Finance, or related area

Tools

HR software

BI software

Job description

Providence Health & Services is seeking a Provider Compensation Analyst to support compensation design and analysis across the Providence system. This role is remote with eligibility across most states and involves data gathering, market analysis, proformas, and plan modeling for new physicians and acquisitions.

You will collaborate with the Provider Compensation team and system leaders to align with care strategies, financial goals, and performance objectives while upholding Providence mission