Senior Physician Compensation Analyst - Remote
$72,800 - $130,000 annually
Apply now (opens in a new tab)Senior Physician Compensation Analyst - Remote
L5
$72,800 - $130,000 annually
Occupations
Compensation, Benefits, and Job Analysis SpecialistsCompensation and Benefits ManagersPhysicians, All OtherIndustries
Other Management Consulting ServicesAdministrative Management and General Management Consulting ServicesOffices of Physicians- Provider compensation project work including: design, consulting, and implementation of Provider compensation programs, assemble compensation packages, and analytic support of Provider compensation programs
- Gain consensus on Provider compensation philosophy and desired strategy
- Perform quantitative and qualitative analysis of healthcare and financial data to support program management for all Provider roles in care delivery This includes analyzing compensation plans of existing businesses and providing summaries for leadership review
- Provide recommendations on compensation models and metrics that incentivize Provider productivity and performance and aligns with the organizational and financial objectives of the business
- Assist leadership with determining desired market position for total cash compensation
- As an internal consultant, this role is responsible for building solid relationships with Provider leaders of each business to ensure effective compensation solutions and strengthen Provider engagement
- Salary survey participation and analysis, and conduct annual review of market data and communicate compensation range information
- Performs annual compensation reviews and constructs templates for each individual Provider by analyzing information and evaluating results
- Responds to inquiries regarding Provider total cash compensation, incentive and productivity information, non-standard pay practices, etc. Compiles, categorizes, tabulates, audits and verifies Provider earnings, quality indicators, RVUs, productivity information for pay change recommendations
- Assist with annual FMV analysis and presentation materials to OptumHealth Sr Leadership
- Strategic partner for the business when it comes to Provider compensation, creating solutions to meet the business need while also balancing legal regulatory compliance
- Liaison for participation in external surveys provides annual presentation of survey information to leaders
- Providing analytic support on compensation projects
- Works on the most complex compensation projects, independently drives and completes the projects with little to no oversight
- Work with the compensation leadership to proactively identify value added compensation initiatives
- Works directly with Human Capital Partners on complex field-initiated projects, generally with no oversight
- Remain abreast of best practices and contemporary pay practices within the industry
- 3+ years of provider compensation experience, including experience with analysis and understanding of Provider practice metrics Includes business acumen and an understanding of Provider practices
- Proven solid external provider compensation consulting experience
- Demonstrated experience with provider productivity and compensation benchmark data
- Demonstrated experience with the Stark Law and Anti-Kickback Statute (AKS)
- Demonstrated experience in leading complex and long-term projects to completion
- Proven solid history of quickly building relationships, gaining credibility, influencing and partnering with business leaders and human capital peers across the organization
- Demonstrated ability to partner with multiple constituents, and proven success working in a matrix environment
- Proven action oriented, adept at working in a fast paced, complex organization, and solid change management skills
- Proven advanced skills with Microsoft Excel and Power Point
- Willing to travel 10%-15% Preferred Qualifications: Professional certification, such as CPCVExternal provider compensation consulting experience
- Experience with provider compensation M&A due diligence
Level
SeniorL5
Salary
$72,800 - $130,000 annually
Location
Louisville, KY
Occupation
Compensation, Benefits, and Job Analysis Specialists
Industry
Other Management Consulting Services
Posted
6 days ago
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