SENIOR PROVIDER COMPENSATION ANALYST-HYBRID

Talantir; Butler (Butler County); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Independence Health is seeking a Senior Provider Compensation Analyst to maintain, monitor, and report on provider incentive compensation according to contracts.

The role involves budget process ownership, variance analysis, and preparing data for incentives across the Medical Providers group. The job requires strong analytical and communication skills and will involve mixed in-office and remote work.

Qualifications

• Bachelor’s degree in business administration, accounting, or related field.
• Minimum of 3 years’ healthcare accounting or financial reporting experience.
• Strong leadership, organization, independent thinking and sound judgment.
• Ability to communicate complex topics to diverse audiences.

Responsibilities

• Understand Independence Health’s operations to inform analysis.
• Analyze data to communicate findings clearly and efficiently.
• Prepare and distribute periodic reports on financial and performance metrics.
• Lead budget process, variance analysis, and related reporting.
• Maintain confidentiality of sensitive compensation information.
• Support audits and practical continuous improvement activities.

Skills

Leadership

Organizational skills

Critical thinking

Communication

Education

Bachelor's degree in business administration or related field

Job description

Shift: Daylight hours, Monday-Friday. This position will work a mix of working in office and working from home.

Job Summary/Overall Objectives

The Senior Provider Compensation Analyst will be responsible for the maintenance, monitoring, reporting and support of individual and/or group (specialty) provider incentive compensation settlements/calculations according to contractual terms set forth in Medical Providers agreements. Performs tasks required for the accurate incentive calculation and payment of provider compensation for the Medical Providers medical group. Prepares and documents data necessary to calculate provider incentive compensation in accordance with contracts, addendums, and overall compensation plans.

Essential Job Functions

Understand Independence Health’s operations so that informed analysis can be performed. Understand data to be analyzed so that informed analysis can be performed. Understand objective to analyzing data so that informed analysis can be performed. Organize analysis in a manner to communicate findings effectively and efficiently. Prepare analyzed data in a manner so that the reader will understand quickly the purpose for which the information was gathered, and the conclusions reached. Be aware of format (font, print ranges, scale, etc.) so that the reader does not have to manage the information. Communicates status of tasks/issues and results in an efficient and effective manner. Prepare and distribute periodic reports on a timely basis, including but not limited to, responsibility, statistical, summary financial, payroll, FTE, collections, including reports relating to the annual budget process, but not limited to, as well as various financial analysis reports. Distribute in a timely and effective manner the provider compensations reports and other related reports as assigned. Actively participates in staff meetings, bringing ideas and volunteering to take on tasks. Willingly helps another team member who may be absent or needs help. Responsible for provider incentive compensation budget process and variance analysis. Lead person for performing budget process. Lead person for analyzing variances. Responsible to guiding staff with the budget process and analysis. Perform analysis and review of Axiom Financial System. Lead person for analyzing and reviewing provider incentive compensation budget variances. Responsible for guiding staff in the use of Axiom. Assists in the design and analysis related to budget, forecasts, variances, etc. adhering to department standards regarding work productivity and quality. Performs other related accounting, financial or administrative special projects as may be required from time to time by the Director of Finance. Active participant in the incentive plan structure design. Maintains confidentiality in handling highly sensitive information, including provider incentive compensation pay design and individual pay/benefits information. Support annual financial and/or compliance audits as necessary as related to physician incentive compensation. Analyze and prepare monthly reports for management on physician productivity. Point person and handles all physician’s incentive compensation questions. Prepares and submits provider compensation survey data. Subject matter expert for provider compensation Other duties as assigned.

Competency and Experience (Knowledge, Skills, and Abilities)

Required Qualifications/Experience

Bachelor’s degree in business administration, Accounting, or related field.

Minimum of 3 years’ experience in healthcare or related industry with a focus on accounting or financial reporting and analysis, professional billing, or provider compensation.

Strong leadership ability, good organizational skills, independent and critical thinking skills, and sound judgment.

Strong ability to communicate complex and/or controversial topics and concepts to a wide and diverse audience.

Preferred Qualifications/Experience

Basic knowledge of provider compensation, including but not limited to healthcare reimbursement, compliance, payroll budget, data integrity, work relative value unit (wRVU) productivity, benchmarking and accounting.

License, Certification & Clearances

Act 34-PA Criminal Record Check from the PA State Police system

Supervisory Responsibilities

This position has no direct supervisory responsibilities but does serve as a coach and mentor for other positions in the department.

Position Type/Expected Hours of Work

Incumbent will be scheduled based on operational need (rotate shifts, standby, on-call, etc.). Travel may be expected locally between System locations.

Equal Employment Opportunity

Independence Health and its affiliated companies are Equal Opportunity Employers. It is their policy to prohibit discrimination of any type and to afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, national origin, age, marital status, disability, veteran status, or genetic information, or any other classification protected by law. Independence Health and its affiliated companies will comply with all applicable laws and regulations.

Disclaimer

This job description is not designed to contain a comprehensive listing of all activities, duties or responsibilities that are required of the employee. Moreover, duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice.

Work Environment- Effective March 2020 or during pandemic

goggles, face shield and mask are required according to CDC guidelines.

When lift requirement is in excess of 50#, lift assistance (2 person) and/or transfer device is required.

Essential – Absolute Necessity.

Marginal – Minimal Necessity.

Constantly – 5.5 to 8 hours or more or 200 reps/shift.

Frequently – 2.5 to 5.5 hours or more or 32-200 reps/shift.

Occasionally – 0.25 to 2.5 hours or 2-32 reps/shift.

Rarely – Less than 0.25 hours or less than 2 reps/shift.

Physical Condition

Essential

Marginal

Constantly

Frequently

Occasionally

Rarely

Never

Extreme Heat

x

Extreme Cold

x

Heights

x

Confined Spaces

x

Extreme Noise(>85dB)

x

Mechanical Hazards

x

Use of Vibrating Tools

x

Operates Vehicle (company)

x

Operates Heavy Equipment

x

Use of Lifting/Transfer Devices

x

Rotates All Shifts

x

8 Hours Shifts

X

X

10-12 Hours Shifts

x

On-Call

x

Overtime(+8/hrs/shift; 40/hr/wk)

x

Travel Between Sites

X

X

Direct Patient Care

x

Respirator Protective Equipment

x

Eye Protection

x

Head Protection (hard hat)

x

Hearing Protection

x

Hand Protection

x

Feet, Toe Protection

x

Body Protection

x

Latex Exposure

x

Solvent Exposure

x

Paint (direct use) Exposure

x

Dust (sanding) Exposure

x

Ethylene Oxide Exposure

x

Cytotoxic (Chemo) Exposure

x

Blood/Body Fluid Exposure

x

Chemicals (direct use) Exposure

x

Mist Exposure

x

Wax Stripper (direct use)

x

Non-Ionizing Radiation Exposure

x

Ionizing Radiation Exposure

x

Laser Exposure

x

Physical Demands

When lift requirement is in excess of 50#, lift assistance (2 person) and/or transfer device is required.

Essential – Absolute Necessity.

Marginal – Minimal Necessity.

Constantly – 5.5 to 8 hours or more or 200 reps/shift.

Frequently – 2.5 to 5.5 hours or more or 32-200 reps/shift.

Occasionally – 0.25 to 2.5 hours or 2-32 reps/shift.

Rarely – Less than 0.25 hours or less than 2 reps/shift.

Physical Condition

Essential

Marginal

Constantly

Frequently

Occasionally

Rarely

Never

Bending (Stooping)

X

X

Sitting

X

X

Walking

X

X

Climbing Stairs

X

X

Climbing Ladders

X

x

Standing

X

x

Kneeling

x

Squatting (Crouching)

x

Twisting/Turning

x

Keyboard/Computer Operation

X

X

Gross Grasp

X

X

Fine Finger Manipulation

X

X

Hand/Arm Coordination

X

X

Pushing/Pulling(lbs. of force)

X

x

Carry

X

x

Transfer/Push/Pull Patients

x

Seeing Near w/Acuity

X

X

Feeling (Sensation)

X

X

Color Vision

X

Hearing Clearly

X

X

Pulling/Pushing Objects Overhead

X

x

Reaching Above Shoulder Level

X

X

Reaching Forward

X

X

Lifting Floor to Knuckle

###

X

Lifting Seat Pan to Knuckle

###

X

Lifting Knuckle to Shoulder

###

X

Lifting Shoulder to Overhead

###

X

When lift requirement is in excess of 50#, lift assistance (2 person) and/or transfer device is required.