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Senior Provider Compensation Analyst, Wilmington, DE
1 month ago
Senior Provider Compensation Analyst (remote / hybrid)
ChristianaCare, the largest healthcare system in Delaware is searching for a full-time, Senior Provider Compensation Analyst to join our team. This experienced Provider Compensation Analyst will join a team of 3 who reports to the Director of Provider Compensation. In this role, you will serve as a resource to leadership in reviewing all aspects of provider compensation throughout the organization and act as a subject matter expert regarding provider compensation and benefit matters. You will design and implement physician compensation programs including complex incentive plans and proactively monitor the healthcare industry to aid in aligning provider compensation to the ever-changing healthcare environment.
This is a remote position that will require quarterly travel to Wilmington, DE for in person meetings.
**Whether a position can be supported for remote work will be assessed based on whether ChristianaCare is able to meet the business requirements of the proposed remote location.
Key Responsibilities
- Serves as a consultant/subject matter expert to the Medical Group on compensation and ensures that decisions are in alignment with the organization’s total rewards philosophy and business strategy.
- Participates in developing incentive plans, project requirements, implementation of new programs along with appropriate communication plan strategy.
- Works on a variety of compensation projects as assigned including program design, analysis, cost analysis, guidelines and procedures.
- Conducts research to understand industry and organization-specific issues, including financial information, compensation and rewards and corporate performance.
- Conducts market pricing, assisting in peer group selection, survey analyses, interpreting salary data, financial modeling and special research projects.
- Gains a comprehensive understanding of Medical Group issues and priorities; effectively analyzes and diagnoses problems; provides clear advice and recommendations to assist clients in making sound business decisions. Advises and influences the organization on compensation and benefits strategy and programs.
- Assists in the design and implementation of new compensation programs and incentives plans. Coordinates projects and initiatives including creation of project plan, development of communication materials, testing of configuration and/or data, training, etc.
- Performs sensitivity testing and analysis on provider compensation models to ensure they meet all organizational compliance and business risk guidelines.
- Communicates and compiles data as requested by Fair Market Value appraisers and consultants.
- Documents all Fair Market Value and Commercial Reasonableness (CR) checks on provider compensation models in accordance with organization policy.
- Participates in quality review and checks provider compensation offers for accuracy.
- Reviews and initiates process improvements projects and improvements for consistent innovation and increased efficiency of the department.
- Oversees the collection and submission of market survey data for all providers in conjunction with the Director of Provider Compensation.
- Compiles compensation reports and presentations as needed.
- Supports CCHS strategies and initiatives through timely and accurate presentation of information.
- Supports the use of external systems adopted by CCHS related to provider compensation modeling and incentive administration.
- Performs assigned work safely, adhering to established departmental safety rules and practices. Reports to supervisor, in a timely manner, any unsafe activities, conditions, hazards, or safety violations that may cause injury to oneself, other employees, patients and visitors.
- Performs other related duties as requested.
Position Qualifications
- Bachelor's Degree in Finance, Accounting, Business or related field.
- Five years of advanced professional experience in compensation administration to include incentive design, and strong analytical, written and verbal communication skills required.
- Strong analytical, project management and problem-solving skills
- Progress toward CCP, CBP or master’s degree preferred.
About ChristianaCare
ChristianaCare, headquartered in Wilmington, DE employs over 13,000 caregivers with three acute care hospitals (1,336 beds), extensive network of primary care and outpatient specialty services, home health care, urgent care centers and free-standing emergency department. We have locations in Delaware, Maryland, New Jersey, and Pennsylvania. Our Christiana campus offers a Level I trauma center, Level III neonatal intensive care unit, comprehensive stroke center and regional centers of excellence in heart and vascular care, cancer care and women’s health. ChristianaCare is ranked by Healthgrades as one of America’s 50 Best Hospitals and continually ranked among the nation’s best by U.S. News & World Report, Newsweek, and other national quality ratings. We’re a nonprofit teaching health system with more than 260 residents and fellows.
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