Physician Compensation Analyst

Sanford Health

Bismarck, ND

JOB DETAILS
SALARY
$27.50–$44 Per Hour
SKILLS
Accounting, Analysis Skills, Applicant Tracking System, Budgeting, Business Plan, Communication Skills, Compensation Analysis, Compensation and Benefits, Computer Software, Data Analysis, Data Collection, Data Entry, Documentation, Finance, Financial Analysis, Financial Reporting, Healthcare, Healthcare Administration, Identify Issues, Leadership, Market Analysis, Market Surveys, Mathematics, Medical Billing, Nonprofit, Payroll Administration, Presentation/Verbal Skills, Pricing, Qualitative Analysis, Quantitative Analysis, Reporting Skills, Statistical Reports, Statistics, Systems Maintenance, Writing Skills
LOCATION
Bismarck, ND
POSTED
30+ days ago

Careers With Purpose Sanford Health is one of the largest and fastest-growing not-for-profit health systems in the United States. Were proud to offer many development and advancement opportunities to our nearly 50,000 members of the Sanford Family who are dedicated to the work of health and healing across our broad footprint.

Facility Remote ND Bismarck Location Bismarck, ND Address Shift 8 Hours - Day Shifts Job Schedule Full-time Weekly Hours 40.00 Salary Range $27.50 - $44.00 Job Summary

Responsible for the coordination, documentation, communication, and analysis of provider productivity, compensation, and benefits, as well as the implementation of associated plans. Performs quantitative and qualitative analysis of healthcare and financial data to support program management within the physician and advanced practice provider compensation department.

Responsible for appropriate planning, communication, reporting, and implementation of changes that pertain to physician incentives and additional pay programs, pricing, and compensation methodologies. Responsible for the coordination, documentation, communication, and analysis of provider productivity, compensation, and benefits. Summarizes provider revenues and work relative value units (WRVUs). Gathered data for payroll processing and benefit day tracking.

Describes the concepts behind compensation analysis and implications of data. Assists in the overall preparation and design of monthly compensation process, budget, and survey and market analysis through data gathering, entry, and validation. Assists with financial reporting for physicians, advanced practice providers, as well as executive leadership.

Works with appropriate personnel to ensure accurate presentation of financial data. Prepares statistical reports. Accommodates appropriate requests for financial data. Maintains financial records and documentation.

Duties will also include reviewing and validation of time cards, payroll documentation, and obtaining and maintaining required approvals as appropriate. Maintains applicable tracking systems on productivity for providers, as well as troubleshoots and modifies any compensation plans as needed, ensuring all components are accurate and appropriate.

Documents government regulations and internal policies related to compensation. Demonstrates strong knowledge of mathematical concepts and ability to apply these appropriately to business transactions, planning, and packaging of compensation and benefits.

Knowledge of and ability to apply appropriate processes, tools, and techniques for assuring a high level of quality in computer software products and systems associated with compensation programs related to physicians, advanced practice providers, and executive leadership within designated markets.

Excel at demonstrating written and oral communication skills at a professional level, with the ability to adjust communication techniques and delivery based on audience and understanding without hesitation.

Qualifications

Bachelors degree required. Prefer in an accounting, finance, or a healthcare administration field. Will consider accepting if no Bachelors degree, at least six years equivalent work experience. Basic understanding of accounting principles and standards required.

Benefits

Sanford Health offers an attractive benefits package for qualifying full-time and part-time employees. Depending on eligibility, a variety of benefits include:

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • 401k retirement plan
  • Work-life balance benefits
  • A generous time off package to maintain a healthy home-work balance.

For more information about Total Rewards, visit https://www.sanfordcareers.com/benefits.

Sanford is an EEO/AA Employer, M/F/D/V. If you are an individual with a disability and would like to request an accommodation for help with your online application, please call 1-877-673-0854 or send an email to talents@sanfordhealth.org.

Sanford Health has a Drug Free Workplace Policy. An accepted offer will require a drug screen and pre-employment background screening as a condition of employment.

Req Number: R-0247480 Job Function: Finance Featured: No

About the Company

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Sanford Health