Senior Provider Compensation Analyst

Job Summary

With limited supervision, supports the timely and accurate administration of provider compensation plans for Corewell Health Medical Group East.

Essential Functions

• Performs day-to-day activities to support the administration of provider compensation plans, including resolving issues, questions, and concerns pertaining to select clinical service lines.
• Partners with departmental leaders, finance, legal, physician contracting, and HR customers to address issues and conduct collaborative problem-solving
• Performs financial modeling & benchmark analyses to advise decision-making for clinical and operational leadership to maintain market competitiveness and alignment with budgetary and regulatory requirements.
• Advises upon and supports the implementation of special initiatives, including addressing changing market demands for compensation and the communication of various compensation programs / practices with a focus on change management.
• Partners with Manager and team members to develop standard deliverables related to internal & external processes.
• Supports internal process improvement efforts, including technological capabilities and efficiencies.
• Supports regulatory review process (including Fair Market Value) for clinical service lines, as needed.

Qualifications

Required

• Bachelor's Degree or equivalent accounting, finance, business, health care administration or related field
• 5 years of relevant experience Progressively responsible work experience in finance with heavy emphasis on financial modeling and analytics, preferably related to compensation.

Preferred

• Master's Degree or equivalent
• Familiarity with provider compensation plans, compensation and productivity (e.g., wRVUs) benchmarking, and regulatory requirements (such as Fair Market Value and Stark Law).
• Healthcare industry experience, including but not limited to, hospitals and physician practices.

About Corewell Health

As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.

How Corewell Health cares for you

• Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.

• On-demand pay program powered by Payactiv

• Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!

• Optional identity theft protection, home and auto insurance, pet insurance

• Traditional and Roth retirement options with service contribution and match savings

• Eligibility for benefits is determined by employment type and status

Primary Location

SITE - Beaumont Service Center - 26901 Beaumont Blvd

Department Name

Physician Compensation

Employment Type

Full time

Shift

Day (United States of America)

Weekly Scheduled Hours

40

Hours of Work

8:00 a.m. to 5:00 p.m.

Days Worked

Monday to Friday

Weekend Frequency

N/A

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Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.

Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other l