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Physician Compensation Analyst
Duly Health and Care Downers Grove, IL
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$71k-87k (estimate)
Full Time 6 Days Ago
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Duly Health and Care is Hiring a Physician Compensation Analyst Near Downers Grove, IL

Good enough isn’t for us. Duly Health and Care’s team members show up every day driven to exceed expectations. We see and support the remarkable in every person within and beyond the walls of our work.

Duly Health and Care works to understand what matters most to you. We recruit and retain team members who share a relentless passion and pride for helping others live happier and healthier lives. We invest in helping our team members develop their talents in a way that is rich in personal meaning. We invite you to join us, fulfill your purpose and make your mark!

Holistic benefits designed to help our team members flourish in all aspects of their lives, including:

  • Comprehensive medical and prescription drug benefits that include medical coverage at 100% (after deductible) when utilizing a Duly provider.
  • $5,250 Tuition Reimbursement per year.
  • 40 hours paid volunteer time off.
  • A culture committed to Diversity, Equity, and Inclusion (DEI) and Social Impact
  • 12 Weeks parental leave at 100% pay and a financial benefit for adoption and surrogacy for non-physician team members.
  • 401(k) Match
  • Profit-sharing program

MAJOR RESPONSIBILITIES

  • Provider compensation administration. 50%
  • Assists in all aspects of provider compensation program administration.
  • Plan Modeling
  • Market comparative reviews and sustainability
  • Collects, calculates, analyzes, and maintains provider compensation models and incentive plans for multispecialty medical group members.
  • Ensure implementation and adherence of provider compensation policy and revisions.
  • Maintains reporting and support for all provider compensation functions as needed.
  • Monitors and tracks provider employment agreement provisions and updates as needed.
  • Partners with internal departments regarding physician compensation inquires and requests. 25%
  • Assists physician compensation team with preparation of quarterly provider compensation calculations and summaries.
  • Serves as point of contact to provide resources and support for customers (providers, operations, administration, and management).
  • Partners with manager to provide all data analytics needed to calculate provider compensation.
  • Assists in the preparation of documentation and support for annual provider compensation and financial audits.
  • Assists in providing feedback to operations in conjunction with corporate communications.
  • Participates in projects to ensure we are follow best practices. 25%
  • Assists in pro-forma modeling for potential acquisition targets.
  • Identifies and implements efficiencies and best practices in all processes involved with provider compensation team duties.
  • Responsible for ad-hoc physician compensation projects as needed.

MINIMUM EDUCATION AND EXPERIENCE REQUIRED

  • Bachelor’s degree in Finance, Business Administration or Accounting
  • 3 years of compensation experience preferred.

MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES (KSA)

  • Attention to detail, ability to work independently, and ability to make progress with projects assigned and bring them towards successful completion.
  • Experience with data and analysis
  • Strong excel skills and familiarity with provider compensation and or HR systems
  • Able to work effectively with internal clients
  • Writes clearly using appropriate grammar, symbols, and medical terminology. Able to decipher and comprehend documentation of others, and is able to read complex research results.
  • Able to properly perform multiple duties at once.

Job Summary

JOB TYPE

Full Time

SALARY

$71k-87k (estimate)

POST DATE

05/05/2024

EXPIRATION DATE

05/20/2024

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The following is the career advancement route for Physician Compensation Analyst positions, which can be used as a reference in future career path planning. As a Physician Compensation Analyst, it can be promoted into senior positions as a Stock Plan Administrator III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Physician Compensation Analyst. You can explore the career advancement for a Physician Compensation Analyst below and select your interested title to get hiring information.