HR 2997 Princeton Pike, USA
33 days ago
Physician Compensation Analyst - FT - Day - Physician Recruitment

Work Shift:

Capital Health is the region's leader in providing progressive, quality patient care with significant investments in our exceptional physicians, nurses and staff, as well as advance technology. Capital Health is a five-time Magnet-Recognized health system for nursing excellence and is comprised of 2 hospitals. Capital Health Medical Group is made up of more than 250 physicians and other providers who offer primary and specialty care, as well as hospital-based services, to patients throughout the region.

Position Overview:

The Physician Compensation Analyst is responsible for analyzing, developing and maintaining physician compensation plans to ensure they align with organizational goals, industry standards and regulatory compliance. This role supports decision-making by providing data driven insights, conducting market analysis, and collaborating with various departments to evaluate and optimize compensation strategies.

ESSENTIAL FUNCTIONS

· Assists in the development, implementation, and administration of physician and provider compensation model standards for employed physicians, medical directors, and recruited physicians.

· Analyze current physician compensation plans to ensure competitiveness and

alignment with organizational goals.

· Assist in developing and maintaining compensation models, including productivity based, value-based, and fixed salary plans.

· Research and interpret market trends to recommend adjustments to compensation.

· Develop an understanding of all executed physician incentive compensation plans and contracts as well as departmental supplemental pay practices and policies.

· Provides support to assigned client area managers, employees, and finance colleagues in the interpretation and administration of CHMG physician and provider compensation programs policies and procedures.

· Provides clarification of physician and provider job design, organizational structure, job functions, and qualifications based on CHMG guidelines and practices.

· Assists with the process of collection, analysis, and reporting of data specific to organization wide physician compensation, including productivity while ensure data integrity.

· Design and maintain reports, auditing tools, databases and related documentation. Complete work documentation to support market data and audit results.

· Maintain complex databases and detailed records of activities and communications, complying with federal and state regulations.

· Accumulates physician productivity RVU data, patient experience scores and clinical protocol data detailed by provider, applies existing compensation model methodology within excel based model, and prepares physician compensation scorecards for the base compensation adjustments currently occurring two times per year for all eligible physician providers across all specialties.

· Provide information on market trends and pay strategies impacting provider

compensation.

· Meets with internal partners proactively to provide information and responds to ad-hoc requests related to compensation calculation, communication, and problem resolution in a confidential manner.

· Participate in process improvement initiatives related to physician compensation.

· Prepares assigned monthly/standard reports and develops streamlined processes for actual and budget where appropriate.

· Research issues related to external, regulatory, payor and other forces impacting physician compensation.

MINIMUM REQUIREMENTS

Bachelor’s degree in business or healthcare field (R)Minimum 2 years relevant, professional experience including complex analytics, working on problems of diverse scope and developing initial improvement plans for review. Technical understanding of complex databases and financial reportingProficient in Microsoft Office including Word, Excel and PowerPoint. Proficient in defining problems, data collection, establishing facts, and drawing conclusions. High level of discretion and strong analytical skills required. Must have excellent project management skills. Must have excellent verbal and written communication skills.

PHYSICAL DEMANDS AND WORK ENVIRONMENTFrequent physical demands include: Sitting , Talk or HearOccasional physical demands include: Standing , Walking , Carry objects , Push/Pull , Twisting , Bending , Reaching forward , Reaching overhead , Squat/kneel/crawl , Wrist position deviation , Pinching/fine motor activities , Keyboard use/repetitive motionContinuous physical demands include:Lifting Floor to Waist 15 lbs. Lifting Waist Level and Above 10 lbs.Sensory Requirements include: Accurate Near Vision, Accurate Far Vision, Accurate Color Discrimination, Anticipated Hearing

Offers are contingent upon successful completion of our onboarding process and pre-employment physical.  Capital Health will require all applicants (including contractors, travelers and consultants) to have an annual flu vaccine prior to start date, with the exception of individuals with medical and religious exemptions.

"Company will never ask candidates for social security numbers or date of birth during application phase. If you are asked for this information online, you may be a target for identity theft."

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