Apply on Employer Site

Lexington Medical Center · 1 day ago

Senior Provider Comp Analyst

Columbia, SC

Full-time

Onsite

Senior Level

5+ years exp

Lexington Medical Center is a comprehensive healthcare network in South Carolina, recognized for its excellence in nursing care and community services. The Senior Provider Compensation Analyst will facilitate the analysis and development of provider compensation arrangements, perform compensation analysis, and provide stakeholders with reporting and analytical tools.

Health Care

Responsibilities

Participates in designing, analyzing, and maintaining proposals for provider compensation plans, methodologies, and incentive-based pay programs, including written documentation of proposed plan and/or program; analyzes the impacts of compensation model changes; and makes appropriate recommendations

Prepares moderate to advanced complexity financial and statistical analyses, graphs, and presentation material

Participates in working sessions with stakeholders to obtain necessary information to ensure accurate analysis of compensation models

Gathers appropriate market research for assessing fair market value, community need, and commercial reasonableness of provider recruitment and retention

Collects and applies benchmark data to analyze productivity measures and coordinates data submissions for annual benchmark surveys

Designs, develops, and maintains reporting tools and databases related to physician and APP productivity and compensation

Gathers, analyzes, and interprets data to draw conclusions and/or make recommendations that support business objectives and optimize operations

Stays cognizant of current challenges and trends in provider compensation and anticipates how these changes impact past, current, and future operations

Maintains customer focus in approaching assessments and exemplifies service expectations of department

Provides training, orientation, mentorship, and/or project leadership to other provider compensation team members as requested

Performs all other duties as assigned

Qualification

Provider Compensation AnalysisFinancial ModelingStatistical TechniquesMS Excel ProficiencySQLData InterpretationCustomer FocusMentorship

Required

Bachelor's Degree in Accounting, Health Administration, Mathematics, Finance, Statistics, Business Administration, or related field

5 Years of experience as a Provider Compensation Analyst or related experience with significant work in Provider Compensation

Advanced level proficiency with MS Excel and/or experience with BI, relational databases and database querying languages such as SQL

Advanced proficiency in developing complex financial models

Knowledge of statistical techniques and computer applications (i.e. spreadsheets, word processing, and databases) used in compensation management

Knowledge of medical professional billing, including CPT codes, wRVU and billing systems and processes

Preferred

Master's Degree in Accounting, Health Administration, Mathematics, Finance, Statistics, Business Administration, or related field with 2 Years of related experience, including at least 1 year of experience in accounting, financial analysis, or provider compensation