[Hiring] Physician Compensation Analyst @Intermountain Health

Role Description

The Physician Compensation Analyst provides compensation support and analysis for the Director of Physician Compensation, Manager of Physician Compensation, Medical Group, market, service line, and other leaders, Provider recruiting and the Office of physician and APP professional affairs.

The position will collaborate with others as needed to deliver Market Survey Analysis and work with Compensation Market Data. Responsibilities include:

• Participating in approximately 8 salary surveys and analyzing survey data.
• Participating in third-party salary surveys to collect and analyze information on the organization's competitive position.
• Coordinating survey results within the database, performing necessary weighting and aging of the data.
• Ensuring data integrity and best coverage of survey sources for our diverse provider population.
• Compiling and analyzing survey data, acting as internal staff consultant on provider survey data.
• Researching, analyzing, and providing market data on positions as requested by management.
• Performing ad-hoc data analysis and modeling, extracting and compiling data from multiple sources.
• Modeling projections for new compensation structures and determining financial and individual impacts.
• Formatting analysis to facilitate ease of use for customers and creating dynamic analysis.
• Performing Fair Market Value (FMV) analysis of physician compensation.
• Ensuring compliance with federal Stark, Anti-Kickback, and other laws and regulations.
• Performing tests on compensation using established benchmarks.
• Preparing information and participating in the annual review process for physician compensation compliance.
• Providing analytical support to the Office of Physician and APP professional affairs.
• Reviewing Physician contracts for compensation compliance.
• Working with Market and Service Line operations to ensure appropriate compensation is included in contracts.
• Providing support to provider payroll team and acting as a resource for questions on standard compensation models.
• Reviewing various calculations and spreadsheets for accuracy and completeness.
• Preparing various payroll system uploads.
• Helping develop Compensation guidelines and performing rate structure maintenance.
• Participating in the review and update process for compensation guidelines.
• Participating and may lead the Annual Rate Update and Financial Plan.
• Utilizing market data to assist with the annual review of physician compensation rates.
• Forecasting compensation inflation for use in Medical Group financial planning.
• Preparing the annual rate update proposal.
• Responsible for audits and compliance, performing audits on compensation as needed.
• Initiating and performing special projects using analytical skills and compensation expertise.
• Performing other duties as assigned by the Finance Director - Physician Compensation and/or Physician Compensation Manager.

Qualifications

• Prior experience in data manipulation, highly detailed oriented and strong organizational skills.
• Superior computer skills including working knowledge of worksheets, word processing, and data management required.
• Creativity, ingenuity, and strong problem-solving skills.
• Exceptional communication and customer service skills.

Requirements

• Bachelor's degree in HR, Accounting, Analytics, or a business-related field (education must be obtained through an accredited institution).
• Experience as a compensation analyst.
• Prior compensation experience in a health care setting.
• Understanding of health care jobs and functions.
• Experience with Incentive pay administration.
• Experience in physician compensation.
• Facilitation and presentation skills.
• Experience with SQL.

Benefits

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

Company Description

Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.