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Provider Compensation Analyst

Erlanger HealthChattanooga, TN

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site

Job Description

JOB SUMMARY:

The Provider Compensation Analyst provides compensation consultative services for Erlanger Medical Group employed providers and independent contracted providers of Erlanger Health. The Provider Compensation Analyst will work closely with leadership in Provider Recruitment, EMG Operations and EMG Business Office to provide analysis of compensation design and benchmarking, physician productivity analysis, fair market value, and contract review and management.

  • Conduct benchmarking and data analysis to formulate compensation recommendations that align with the system's standards for compensation programs
  • Interpret, analyze, and implement compensation arrangements as stipulated in Provider Employment Agreements
  • Manage components and participate in annual/bi-annual provider contract review process by preparing productivity reports, providing recommendations on salary adjustments, gathering and analyzing data to determine incentive goal achievements, etc.
  • Participate and complete annual provider compensation and productivity surveys
  • Participate in and collaborate closely with external appraisers/consultants to obtain an analysis of fair market value (FMV) and commercial reasonableness (CR) for all proposed compensation plans
  • Partner with Provider Recruitment and Operations teams in solving business and operations issues
  • Partner with EMG Business Office and as needed, serve as back up to the EMG Financial Analyst on calculations of Provider incentive compensation, variable compensation and uploads to Payroll

Education:

Required:

Bachelor's degree (in business, health care administration or finance), or related field required

Preferred:

Master's degree in health/hospital administration, business administration, finance or related field preferred.

Experience:

Required:

  • Minimum of Five (5) or more years of finance or compensation experience
  • Two (2) years of physician or provider compensation experience and/or solid understanding of physician billing and productivity measures (i.e. CPT, wRVU, Charges, Collections, etc)
  • Two (2) years of experience in a hospital or healthcare related environment
  • Proficiency in Microsoft Word, Excel, and Outlook

Preferred:

  • Ability to effectively and professionally communicate verbally and in writing to key stakeholders within the organization.
  • Ability to multi-task projects

Position Requirement(s): License/Certification/Registration

Preferred: N/A

Department Position Summary:

The Provider Compensation Analyst provides compensation consultative services for Erlanger Medical Group employed providers and independent contracted providers of Erlanger Health. The Provider Compensation Analyst will work closely with leadership in Provider Recruitment, EMG Operations and EMG Business Office to provide analysis of compensation design and benchmarking, physician productivity analysis, fair market value, and contract review and management.

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FAQs About Provider Compensation Analyst Jobs at Erlanger Health

What is the work location for this position at Erlanger Health?
This job at Erlanger Health is located in Chattanooga, TN, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Erlanger Health?
Employer has not shared pay details for this role.
What employment applies to this position at Erlanger Health?
Erlanger Health lists this role as a Full-time position.
What experience level is required for this role at Erlanger Health?
Erlanger Health is looking for a candidate with "Senior-level" experience level.
What is the process to apply for this position at Erlanger Health?
You can apply for this role at Erlanger Health either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.