Hybrid / Remote Financial Compensation Analyst
This position performs financial analysis of compensation arrangements for IHA providers, and / or its affiliates. Areas of focus will include market research on provider compensation rates and trends, performing detailed valuation analyses, excel-based modeling and quarterly reconciliation calculations, and project management. Position will serve as a liaison between the Provider Compensation team and the Payroll Department, assisting with payroll grids, calculating monthly compensation payments related to Letters of Understanding, preparation of compensation profiles for providers as needed and biweekly review of provider compensation payroll data provided by Practice Managers and other key personnel.
Responsibilities include ongoing communication of compensation related issues, reconciliations, and other key findings to members of the Operational and Administrative Leadership teams. Responsibilities may include review of other compensation staff's work on Specialty Provider models data to assist the Provider Compensation Manager. Additionally, performs administrative responsibilities within IHA to non-Finance operational teams in drafting, interpreting practice specific financial data for inclusion in LOUs, coordinating reviews, obtaining sign-offs and other duties associated with the LOU process.
Essential Job Functions : Responsible for the accurate compilation and analysis of the quarterly Specialty Provider Model calculations; accumulates all necessary data required by the compensation models and for thorough analysis of the results. Prepares required documents and reports to support an accurate and timely compensation models and analysis to include preparation of quarterly overheads, Relative Value Units (RVUs), monthly productivity reports and IHA payroll reports. Assists Provider Compensation Manager in detail review of other Provider Compensation team members' work related to the quarterly Provider Model calculations. Assists the Finance Revenue Team in gathering pertinent compensation information related to Letters of Understanding (LOUs) between IHA and Trinity Health Ann Arbor Hospital.
Compensation Partner • Ann Arbor, MI, US