Financial Analyst, Physician Compensation (Hybrid)

Job Description

This role will work a hybrid schedule based out of Stamford, CT. Remote work must be based out of CT, NY, or NJ.

POSITION SUMMARY:

The position is responsible for the support of the Medical Group's financial operations; in particular, all aspects of physician compensation, performance management and reporting. This position is responsible for processing physician's compensation accurately and timely in accordance to their employment agreements. The position will also provide analysis and monitoring of charge capture data, claim adjustments, and payments as they relate to wRVU calculations in EPIC and in the Integrated Analytics reporting system.

KEY RESPONSIBILITIES:

• Maintains the master physician employment contractual summaries, necessary for reporting, statistical analyses and benchmarking as needed.
• Maintains physician employment contracts.
• Possess functional knowledge and the ability to access a wide variety of databases and reports, using EPIC, Excel, and other decision support software to extract, validate, and analyze provider productivity and financial data for management.
• Prepare monthly, quarterly, semiannual, and annual provider compensation calculations and adjustments.
• Performs month-end financial close functions to calculate and accrue amounts for physician bonuses and non-standard compensation payments.
• Develop and possess a strong understanding of Revenue Cycle Management processes to evaluate and monitor the accuracy and completeness of physician productivity measures (unadjusted to adjusted wRVUs)
• Provide ongoing support for compensation calculations, reporting, and support system functionality.
• Possesses the skills and ability to deal with complex compensation calculations and produce clear and detailed compensation statements to physicians.
• Strong interpersonal skills to be able to effectively communicate with physicians, administrators and practice managers on all physician compensation matters.
• Processes payroll adjustment forms (PTAF forms) and Check Requests as needed.
• Provide support to Stamford Health's participation in annual MGMA, AMGA and Sullivan and Cotter Compensation and Production Surveys.
• Performs other related duties as assigned or requested.
• Completes required continuous training and education, including department specific requirements.

REQUIRED QUALIFICATIONS:

• Bachelor's Degree in a business-related field is required, finance or accounting degrees preferred.
• A minimum of 3 years of healthcare finance or revenue cycle reporting experience is desired.
• High level of literacy with software/ databases, including prior experiences importing & exporting, and analyzing files with large datasets.
• Demonstrated abilities using Microsoft Excel at advanced level (complex formulas, look-ups, IF statements, and pivot tables) required.
• Macro writing capability preferred but not required.
• Prior exposure to business intelligence software is a plus.
• Prior exposure to business intelligence software is a plus.
• Professional and courteous inter-personal skills are a must.

SKILLS:

• Ability to maintain confidentiality relevant to sensitive information.
• Extreme attention to detail for accuracy and completeness.
• Ability to organize and prioritize deadlines and respective workload in a timely manner.
• Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize reporting performance, problem solving, and results.

At Stamford Health, we believe that every patient deserves compassionate, personalized, person-centered care. This commitment guides how we care for patients, support their care partners, and promote the wellbeing of our staff. In alignment with our Planetree philosophy, the individual in this role will foster a respectful, collaborative environment that honors the needs, values, and preferences of every person we serve and the colleagues we partner with.