Partnering with you to live your best life. At Centra, we want to listen carefully and get to know you well. We want to understand your hopes, goals and dreams. We want to do our part so you can be your very best - as you define it. This remains true whether you are a patient, a Centra Caregiver, or a member of the communities we serve. As a candidate considering employment with our organization, we want you to understand that it is our mission to help partner with you throughout each stage of your career.

Job Description

Overview

The Provider Compensation Analyst conducts data mining related to national and local compensation for Centra Medical Group's providers. This position completes analysis, calculates compensation options, assists with reports and recommendations, and ensures Centra is competitive and equitable for pay for performance.

Responsibilities

Collects, analyzes, and interpret market data in order to build and maintain compensation models for physicians and providers that meet business needs as well as recruit and retain provider talent with minimal oversight
Implements compensation plans for all new hire recruits in conjunction with Director of Provider Compensation
Collaborates with team members and senior leaders to develop term sheets for physicians and Advanced Practice Providers (APPs); provides compensation consultation services, as needed
Consults on compensation arrangements and meets with physicians and APPs to present and discuss compensation arrangements as needed
Creates multiple compensation projection models for individual providers while conducting sensitivity analyses and reviewing commercial reasonableness, FMV, and business risk considerations
Communicates and compiles data as requested by Fair Market Value appraisers/consultants
Presents compensation arrangements/offers in weekly committee meetings to senior level leaders
Documents and maintains electronic records/files of physician compensation models detailing methodology and explanation of decisions
Assists with quality review for all provider term sheets and contracts
Updates term sheet benchmarking data on a continuous basis to ensure data is accurate and useful
Collaborates with finance, legal, compliance, and other departments to collect, integrate, and disseminate various information relevant to PROVIDER COMPENSATION
Reviews and initiates process improvement projects for consistent innovation and increased efficiency of the department
Oversees the collection and submission of market survey data for all providers in conjunction with the Director of Provider Compensation
May perform other duties as assigned or requested and job specification can be modified or updated at any time

Qualifications

Required Education: Bachelors Degree preferably in Business, Business Administration, Economics, Accounting, Finance or Statistics
Preferred Education: Completion of or active enrollment in Masters of Degree in Business Administration (MBA) or related Health Care Management Masters Degree
Required Experience: At least three (3) years of experience in accounting, compensation, and/or analytics. Highly skilled in Excel demonstrated by using advanced Excel functions. Demonstrates systematic and precise attention to detail and accuracy. Skilled proof-reader. Relentlessly pursues quality and accuracy. Strong abilities in analysis, critical thinking and effectively translate and communicate research and recommendations. Ability to effectively communicate, meet timelines and stay organized on a consistent basis

Our care givers at Centra are the most valuable asset we have and it is our mission and commitment to build and sustain a diverse and inclusive environment.

When recruiting and retaining talent at Centra, our hiring needs are based on matching a candidates job qualifications with our job requirements and department needs without regard to race, color, age, religion or belief, national origin, disability status, protected veteran status, gender identity or expression, sexual orientation or any other characteristic protected by the laws or regulations in the locations where we operate. Centra is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.

Be yourself. Be a partner with Centra.