Sr Provider Compensation Analyst
Indexed description
All the benefits and perks you need for you and your family:
- Benefits from Day One: Medical, Dental, Vision Insurance, Life Insurance, Disability Insurance
- Paid Time Off from Day One
- 403-B Retirement Plan
- 4 Weeks 100% Paid Parental Leave
- Career Development
- Whole Person Well-being Resources
- Mental Health Resources and Support
- Pet Benefits
Shift
Day (United States of America)
Address
770 W GRANADA BLVD
City
ORMOND BEACH
State
Florida
Postal Code
32174
Job Description
- Facilitates effective communication regarding provider compensation matters with relevant stakeholders.
- Tracks, analyzes, and communicates compensation-related insights to leadership, providing actionable recommendations for improvement.
- Manages provider compensation data using relevant software systems and tools.
- Completes accurate provider compensation calculations and payment requests within specified timelines and contractual terms.
- Serves as a subject matter expert, providing guidance to HR, finance, and management on provider compensation matters.
- Identifies opportunities for process optimization and streamlining within the provider compensation function.
- Assists in the design and implementation of compensation plans, policies, and procedures that align with organizational objectives and regulatory requirements.
- Analyzes the impact and cost projections of provider compensation programs, ensuring financial sustainability.
- Collaborates with key stakeholders to develop and review provider contracts, ensuring accuracy and adherence to compensation terms.
- Assists in the preparation of budgets and monitors budget variances, ensuring financial accountability.
- Maintains accurate and secure storage of compensation data and records, ensuring confidentiality and compliance with privacy regulations.
- Performs other duties as assigned.
- Proficiency in advanced data analysis tools, including predictive modeling, regression analysis, and scenario planning, to support evidence-based compensation decisions. [Required]
- Thorough understanding of healthcare reimbursement methodologies, including Alternative Payment Models (APMs) and their implications on provider compensation. [Required]
- Strong negotiation skills, with a proven track record of successfully aligning provider incentives with organizational goals and quality metrics. [Required]
- Experience in leading change management initiatives, ensuring smooth transitions during the implementation of new compensation strategies. [Required]
- Exceptional presentation skills, capable of effectively conveying complex compensation concepts to diverse audiences, including executive leadership and providers. [Required]
- Familiarity with global compensation practices and their impact on international recruitment and provider retention strategies. [Required]
- Proficiency in utilizing advanced HRIS (Human Resources Information System) platforms to automate compensation processes, enhance data accuracy, and optimize reporting capabilities. [Required]
- Strong knowledge of data privacy and compliance regulations, with the ability to establish and enforce robust data protection protocols within the compensation function. [Required]
- Bachelor's [Required]
- Master's [Preferred]
- in finance, accounting, or a business-related field
- 1+ years of experience working in provider compensation [Required]
- 5+ years of healthcare finance/accounting industry experience [Preferred]
Pay Range
$60,756.80 - $113,006.40
Background Screening Requirement (Florida Law)
Certain positions are subject to Florida Level 2 background screening, including fingerprinting, as required by state law.
Applicants may review general information about Florida’s background screening requirements at the Florida Care Provider Background Screening Clearinghouse:
https://info.flclearinghouse.com/
This facility is an equal opportunity employer and complies with federal, state and local anti-discrimination laws, regulations and ordinances.
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