Senior Provider Compensation Analyst

Job Title: Provider Service Analyst

Pay Range: $47.69 - $67.19

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.

Job Responsibilities

• Promote and integrate the SEARHC mission, vision, and values in 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.
• Develop, enhance, and document processes related to provider compensation methodologies, compensation review cadence, implementation plans, etc.
• Assist Provider Services Director in preparatory materials and details for executive-level compensation committee meetings.
• Participate in and support strategic planning around compensation plan design to meet organizational objectives.
• 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.
• Partner with Provider Services Director in discussions and presentation of compensation plan details with executive leadership and provider groups.
• 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, Certifications, and Licenses Required

• Bachelor's degree in Business Administration, Finance, Healthcare Administration, or a related field.
• Master's degree preferred.

Experience Required

• 6+ years of experience in healthcare provider compensation analysis and healthcare finance.
• 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 is 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 think at a granular, detailed level and translate and communicate concepts effectively and persuasively to providers and executive leadership.
• 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 and seeking clarity.
• Ability to function effectively in ambiguous situations.
• Ability to assess current processes and workflows and to 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 at all levels of the organization, including C-Suite.
• 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.
• Project management experience a plus.
• Understanding of Alaskan healthcare market is a plus.

SouthEast Alaska Regional Health Consortium