The provider compensation consultant will work with the provider compensation manager to model, prepare and maintain complex physician compensation plan calculations for a large multi-specialty hospital system. Performs analysis and reporting on provider compensation and production. This position performs a variety of project orientated tasks and supports the routine quarterly physician compensation and rvu payroll calculations.
Calculate physician compensation and incentives in accordance with physician compensation plans.
Gather data, calculate, analyze and communicate physician production data including work relative value units (wRVUs0> FTEs, panel size, quality and other metrics for physician productivity and quality analysis.
Create and maintain accurate physician compensation salary calculations using Excel spreadsheets.
Develop quarterly reporting for production pay to distribute to physicians.
Complete complex compensation analysis and modeling for proposed compensation pay changes.
Develop, distribute, and analyze provider compensation surveys.Partner with Fairview legal to determine fair market value for provider physician services agreements.
Bachelors Degree in Human Resources, Finance, Accounting, or related field
3+ years in compensation analyst experience
Proficiency with Excel and other Microsoft windows programs
Excellent organizational skills including working with tight deadlines in a fast paced environment
Ability to communicate effectively
Ability to work within a team and also independently
Strong understanding of analytics, proficient in creating complex financial/compensation models
Two or more years experience in provider compensation
Understanding of CPT and ICD9 coding and procedures
Understanding of Federal Regulations (Stark, Anti-Kickback, IRS) and fair market value and Commercial Reasonableness.
Understands the principals and fundamentals of provider compensation analysis.
Together with the University of Minnesota and University of Minnesota Physicians we have created M Health Fairview. M Health Fairview is the newly expanded collaboration among the University of Minnesota, University of Minnesota Physicians, and Fairview Health Services. The healthcare system combines the best of academic and community medicine — expanding access to world-class, breakthrough care through our 10 hospitals and 60 clinics.Fairview Health Services (fairview.org) is an award-winning, nonprofit health system providing exceptional care across the full spectrum of health care services. Fairview is one of the most comprehensive and geographically accessible systems in the state, with 10 hospitals—including an academic medical center and long-term care hospital—serving the greater Twin Cities metro area.Its broad continuum also includes 60 primary care clinics, specialty clinics, senior living communities, retail and specialty pharmacies, pharmacy benefit management services, rehabilitation centers, counseling and home health care services, medical transportation, an integrated provider network and health insurer PreferredOne. In partnership with the University of Minnesota, ...Fairview’s 32,000 employees and 2,400 affiliated providers embrace innovation to drive a healthier future through healing, discovery and education.