Provider Compensation Analyst
- Requisition ID
- 187926
- Department
- 530804 Other Administration
- Schedule
- Full Time - Eligible for Benefits
- Shift
- Day
- Category
- Professionals
Position Purpose | |
The primary focus of the Provider Compensation Analyst is to oversee and manage projects related to employed provider compensation within the Health Network. This position is responsible for analysis and special project work related to compensation and retention. The incumbent will work to maintain our current physician compensation structure and to ensure that Renown Health continues to recruit clinical talent competitively. | |
Nature and Scope: | |
The incumbent is responsible for maintaining a constant watch on the external marketplace to assess our position in the areas of compensation by participating in physician compensation surveys. This position is challenged with maintaining market competitive compensation practices ensuring our physician recruitment and retention objectives are achieved. This position is responsible for assessing internal and external equity, identify trends and formulate action plan to maintain integrity of compensation structure through benchmarking and other standard compensation practices.Manipulation of highly detailed and confidential statistical information in an automated manner is required. The incumbent will work directly with the CFO/Finance Director and Finance Manager – Medical Group, the assigned physician leadership, and the Human Resources and Provider Recruiting department to ensure fair and consistent compensation practices are followed and administered. The Incumbent will be able to:
Create processes and structures to support proactive analysis of provider compensation (income plotting, benchmarking to surveys, etc.). Manage the development of resources to capture best practices and foster collaboration and alignment of compensation methodologies across the organization.
Must be intermediate to expert in Microsoft Excel. Must be proficient in SQL and Crystal report. Must have experience with database management and structure. Must having a thorough knowledge of Provider Compensation methodologies and models required. In depth knowledge of regulations related to physician compensation (Stark, IRS Anti-kickback, etc). Be able to design and maintain an appropriate control environment of the compensation process. This position does not provide direct patient care. | |
The foregoing description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills and efforts or work conditions associated with the job. It is intended to be an accurate reflection of the general nature and level of the job. | |
Minimum Qualifications:Requirements - Required and/or Preferred | |
Education: | Must have college-level knowledge of the English language, including reading, writing and speaking English. Requires a bachelor's degree in business or closely related field. Proven experience may be substituted in place of a degree. Master's degree in Business, HR or related field strongly preferred. |
Experience: | Minimum five years of experience in Human Resources, Finance, Medical Group Operations or related position focusing on Physician compensation analysis required. Experience with compensation models in an ACO environment preferred. |
License(s): | None. |
Certification(s): | HFMA, MGMA, CEBS and/or SPHR certification strongly preferred. |
Computer / Typing: | Must be proficient with Microsoft Office Suite, including Outlook, PowerPoint, Excel and Word and have excellent computer skills. |
Benefits
Renown Health exists to make a genuine difference in the health and well-being of the people and communities we serve. And it is through your passion that this mission is made real every day. The relationship with employees is the foundation for success as we proceed with our strategic direction. We strive to build upon this solid partnership by offering a comprehensive and competitive benefits package that meets the diverse needs of employees and their family members.
With my CAREER Rewards there's peace of mind in knowing that Renown Health is also fighting for the most important things in your life - family, finances and future. Navigate options and make sure you are getting the most value from your Nursing career with us.
Paid Time Off
401(k) Company Match
Flexible Work Environment
Renown Health is northern Nevada's healthcare leader and Reno's only locally owned, not-for-profit health system. We are an entire network of hospitals, primary care offices, urgent care centers, lab services, medical specialties, and x-ray and imaging services - with more than 7,000 nurses, doctors and care providers dedicated to the health and well-being of our community.
For Providers: Renown Health and the University of Nevada, Reno School of Medicine (UNR Med) are affiliate partners in Nevada's first integrated academic health system. The affiliation aims to improve the health of the community, region, and state through research, medical education, and expanded clinical care. Renown physicians participate as joint faculty at UNR Med for teaching, lectures, supervising clinical rotations, and other academic activities for the education of medical and physician assistant students, residents and fellows.