Provider Compensation Analyst

Pay Range:

$45.07 - $58.69

SEARHC is a non-profit health consortium which serves the health interests of the residents of Southeast Alaska. We see our employees as our strongest assets. It is our priority to further their development and our organization by aiding in their professional advancement.

Working at SEARHC is more than a job, it’s a fulfilling career. We offer generous benefits, including retirement, paid time off, paid parental leave, health, dental, and vision benefits, life insurance and long and short-term disability, and more.

The SEARHC Provider Compensation Analyst is responsible for conducting comprehensive provider compensation analyses, ensuring accuracy and alignment with organizational and regulatory standards and industry benchmarks. The position requires strong analytical skills, attention to detail, and the ability to interpret complex compensation structures to support organizational objectives and provider services departmental functions.

This role will be responsible for evaluating provider compensation structures, supporting decision-making around provider compensation approaches through analysis, assessment and modeling. The analyst will provide actionable insights to support the organization’s goals for provider compensation and contracting, including an emphasis on provider recruitment, retention, and performance.

This role involves developing and improving processes to enhance efficiency and effectiveness in provider compensation analysis, compensation plan development, interfaces with stakeholders and process and workflow development. The analyst will collaborate cross-functionally with operational and clinical leadership to support data-driven decision-making around provider compensation. A deep understanding of physician compensation models, provider contracts, and industry best practices is essential as well as an understanding of the complexities of the Southeast Alaskan healthcare landscape.

ACCOUNTABILITIES

· Promote and integrate the SEARHC mission, vision and values is all aspects of job responsibilities and accountabilities, maintaining a service-oriented and quality-focused culture within SEARHC.

· Analyze and develop physician compensation models comparing against industry and third-party benchmarks and internal standards.

· Utilize understanding of provider compensation methodologies and plans and make thoughtful recommendations on provider compensation models to align with business objectives.

· Partner with outside firms, provider services director and SEARHC legal department and to ensure fair market value and commercial reasonableness in compliance with applicable regulations.

· Conduct internal compensation analysis and assessments.

· Provide analytical support for letters of intent, new provider contracts, contract renewals, amendments and negotiations at the direction of the provider services director.

· Provide guidance and interpretation of compensation policies/programs.

· Evaluate and manage requests for new contracts and contract modifications.

· Partner with stakeholders across departments and clinical service lines to ensure all necessary information is gathered and understood when putting together provider compensation terms.

· Effectively communicate with internal stakeholders the details of provider compensation components.

· Identify areas of opportunity and partner to design, develop and implement effective and efficient workflows related to provider compensation matters.

· Develop compensation reports and dashboards for various physician specialties and practices.

· Maintain accurate and up-to-date data on physician contracts and compensation.

· Prepare regular and ad-hoc compensation reports for leadership and other stakeholders.

· Ensure compliance with federal and state regulations related to physician compensation, including Stark Law and Anti-Kickback Statute.

· Assist Provider Services Director with projects as directed.

· Perform other duties as assigned.

Education

· Bachelor’s degree in Business Administration, Finance, Healthcare Administration, or a related field; Master’s degree preferred.

Experience

· 2-5 years of experience in healthcare provider compensation analysis.

· Knowledge and understanding of healthcare provider compensation models and methodologies, compensation benchmarking, contracting and associated regulatory requirements.

· Experience working with providers in various clinical specialties and environments and operational awareness a plus.

Knowledge, Skills and Abilities

· Culturally sensitive; able to work with and value the contributions of diverse stakeholders and constituent groups.

· Strong analytical skills with the ability to interpret complex data and provide actionable insights, compensation recommendations and assessments.

· In-depth knowledge of physician compensation models, market trends, and regulatory requirements.

· Knowledge of healthcare-related compensation practices.

· Ability to understand and interpret provider contracts.

· Strong organizational skills; extreme attention to detail.

Ability to prioritize assignments and projects in consultation with provider services director.

· Adaptable and flexible work style with a commitment to achieving excellent results by overcoming obstacles, seeking clarity.

· Ability to function effectively in ambiguous situations.

· Ability to assess current processes and workflows and develop improved ones.

· Ability to understand issues through active listening.

· Excellent communication and presentation skills, with the ability to convey complex compensation concepts to various stakeholders.

· Ability to think critically about the impact of provider compensation approaches across the organization.

· Proficiency in Microsoft Excel, SmartSheet and SharePoint. Data visualization and reporting software proficiency a plus.

· Understanding of Alaskan healthcare market a plus.

Required Certifications:

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!