Senior Analyst, Provider Compensation

Mary Washington Healthcare; Fredericksburg (VA); On-site; USD 66,000 - 98,000; Full time

Job summary

Mary Washington Healthcare seeks a Senior Provider Compensation Analyst to deliver advanced compensation consulting across Operations, Finance, HR, and providers. You will design specialty compensation models, perform productivity analysis and forecasting, and benchmark surveys to ensure competitive, compliant practices.

You will build data-driven insights, reconcile incentive payments, coordinate with appraisers for FMV assessments, and present updates in Service Line and Department meetings.

Qualifications

• At least five years of compensation or finance experience.
• At least three years of provider compensation experience.
• Advanced Excel skills with complex formulas, data modeling and forecasting.
• Ability to interpret provider compensation, productivity, and benchmark data.
• Excellent analytical, problem-solving, and communication skills.
• Strong attention to detail and data accuracy.

Responsibilities

• Conduct benchmarking and data analysis to support competitive, cost-effective, and compliant provider compensation programs.
• Create compensation models through collaboration with operations and Legal to design models.
• Perform QA reviews of provider compensation data and reporting for accuracy and integrity.
• Partner with operational leaders to assess Commercial Reasonableness of compensation practices.
• Handle reconciliation for assigned specialties, tracking productivity and incentive payments and finalizing annual incentives.
• Collaborate with contracted appraisers for FMV assessments and provide required data.
• Provide updates on provider compensation action items in recurring Service Line/Department meetings.

Skills

Advanced Excel

Provider compensation

Data analysis

Communication skills

Attention to detail

Forecasting

Education

Bachelor's Degree in Business/Finance/Healthcare Administration

AAPCP Credential

Microsoft Excel Expert Certification

Job description

Start the day excited to make a difference...end the day knowing you did. Come join our team.

Approved states for remote work: Alabama, Florida, Georgia, Iowa, Louisiana, New Hampshire, North Carolina, Ohio, South Carolina, Tennessee, Texas, West Virginia, Wisconsin

Job Summary

The Senior Provider Compensation Analyst provides advanced compensation consulting compensation services to Operations, Finance, Human Resources, providers, and other internal stakeholders on provider compensation topics. This position is responsible for the design of specialty compensation models, provider productivity analysis and forecasting, data analysis, provider contract administration, and survey benchmarking. The Senior Provider Compensation Analyst serves as a subject matter expert on Provider Compensation Philosophy, Policy, and Standards documents, as well as Fair Market Value (FMV) and Commercial Reasonableness industry standards, providing recommendations that support competitive and legally compliant compensation practices.

Essential Duties & Responsibilities

• Conducts benchmarking and data analysis to formulate recommendations that support competitive, cost-effective, and legally compliant provider compensation programs and practices.
• Creates compensation models through collaboration with operational leaders and Legal, leveraging an understanding of practice operations to support compensation model design.
• Completes quality assurance reviews of provider compensation data and reporting to ensure accuracy and integrity.
• Partners with operational leaders to assess Commercial Reasonableness of provider compensation practices.
• Completes reconciliation processes for assigned specialties, including tracking productivity and performance incentive amounts, calculating incentive achievement, preparing and distributing quarterly provider compensation summaries. Calculates and finalizes annual incentive payment or repayment amounts based on reconciled performance results.
• Partners with contracted appraisers/consultants to provide requested data and supporting documentation for FMV assessments.
• Provide updates on provider compensation action items in recurring Service Line and Department meetings.

• Maintains and audits various databases and payroll systems for provider compensation, FTE allocations, productivity and other relevant information to ensure data accuracy and integrity.
• Serves as an administrator for physician compensation & productivity surveys.
• Serves as a subject matter expert and resource to operational leaders on provider compensation practices, models, productivity metrics, and incentive programs.
• Performs other duties as assigned.

Qualifications

Required

• A minimum of five years of compensation or finance, or related experience required.
• A minimum of three years of provider compensation experience required.
• Advanced Excel skills, including complex formulas, data modeling, forecasting, and data analysis techniques as well as proficiency in Microsoft Office Applications.
• Demonstrated ability to interpret provider compensation, productivity, and benchmark data to support compensation-related decision-making.
• Excellent analytical, problem solving, critical thinking and communication skills.
• Strong attention to detail and commitment to data accuracy.

Preferred

• Bachelor's Degree in Business, Finance, or Healthcare Administration, or a-related, field preferred.
• AAPCP Credential
• Microsoft Excel Expert Certification

MWHC will not discriminate in its employment practices due to an applicant's race, color, religion, sex, sexual orientation, gender identity, national origin, and veteran or disability status (EOE). We are also committed to equitable and transparent compensation practices and comply with all applicable pay transparency and pay equity laws.

Physical Requirements

Constant (67-100% of workday) sitting and use of arms and hands; occasional (0-33% of workday) standing, walking, bending, squatting; ability to lift, push, and pull up to 10 lbs.; auditory and visual skills.

Mental Requirements

Possesses critical thinking and analytical skills. Ability to multi-task. Ability to communicate effectively and collaborate with a multi-disciplinary team.

Environmental Requirements and Exposure Hazards

Potential risk of exposure to chemicals.

"It is the policy of Mary Washington Healthcare to provide reasonable accommodations to qualified individuals with a disability who are applicants for employment or Associates."

Compensation Pay Range

$47.93 - $71.90