Note: The job is a remote job and is open to candidates in USA. Beth Israel Lahey Health is a healthcare organization seeking a Manager, Provider Compensation & Business Analytics to oversee provider compensation programs for its Medical Group. The role manages compensation planning, reporting, benchmarking, productivity analytics, payment processes, leadership support, and related team operations.
Responsibilities
- Manage all aspects of provider compensation, including but not limited to: budgeting, forecasting, communication of plan changes, benchmarking, and support for Senior Leadership on related issues
- Lead the effort to provide market and internal compensation comparison data to medical and administrative leaders; partner closely with provider recruiting team
- Support Senior Leadership in Primary and Specialty Care with additional data / analysis, as needed
- Manage provider productivity analytics and benchmarking
- Develop and manage process to track FTE changes
- Produce monthly productivity report for management
- Ensure alignment between BILH MG’s provider compensation plan and strategic goals
- Support regular base salary review and adjustment process
- Primary contact for Senior Leaders and Service Line leaders on compensation program
- Staff and manage agenda for Management Provider Compensation Committee
- Develop staff and manage team through all provider compensation analytics
- Manage payments of leadership allocations and other variable compensation
- Develop guidelines and formulas for offsite provider payments or FMV related to provision of provider services to other entities
- Be a resource to Human Resources colleagues as it relates to their management of advanced practitioner compensation plans
- Maintain strict adherence to the Beth Israel Lahey Health Confidentiality policy
- Incorporate Beth Israel Lahey Health Standards of Behavior and Guiding Principles into daily activities
- Comply with all Corporate Health Policies
- Comply with behavioral expectations of the department and Beth Israel Lahey Health
- Maintain courteous and effective interactions with colleagues and patients
- Demonstrate an understanding of the job description, performance expectations, and competency assessment
- Demonstrate a commitment toward meeting and exceeding the needs of our customers and consistently adheres to Customer Service standards
- Participate in departmental and/or interdepartmental quality improvement activities
- Participate in and successfully completes Mandatory Education
- Perform all other duties as needed or directed to meet the needs of the department
Skills
- Bachelor's degree
- 5+ years' leadership experience in a hospital, health system or physician practice with exposure to provider compensation plans
- Physician practice operations background
- Good computer and excellent communication skills are a must
- A general understanding of healthcare reimbursement and physician compensation are important as well
- Well developed business and financial skills/acumen along with strong analytical orientation
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