Eisenhower Medical Center
Physician Compensation and Financial Analyst-Administration (Clinic Division)
Eisenhower Medical Center, Rancho Mirage, California, United States, 92271
Located in the heart of the Coachella Valley, you have access to resort-style living and world-class amenities throughout Southern California.
Analyzes and administers key compensation, financial, budgeting, and analytical functions that align with the medical group’s objectives for recruiting, retention, and employee engagement.
Job Description:
Education:
Required: Bachelor’s degree in Finance, Accounting, Business Administration or related field Preferred: Master’s degree in Health Care Administration, Finance, Accounting or related field Licensure/Certification:
N/A Experience:
Required: Three (3) years of compensation, finance or business analytics experience Preferred: Experience in physician compensation, healthcare finance, and budgeting Demonstrates compliance with Code of Conduct and compliance policies and takes action to resolve compliance questions or concerns and report suspected violations. Compiles, creates, and analyzes information pertaining to physician compensation including internal, equity, and market comparisons, and fair market value determinations. Conducts an annual market analysis of all physician compensation within the medical group, and makes recommendations with regard to market adjustments, equity adjustments, FMV compliance, etc.; works with medical group leadership, including the medical group’s compensation committee, to review and implement required changes. Makes recommendations to Eisenhower Medical Associates (EMA) leadership on all physician compensation related issues. Works closely with medical group consultants in constructing appropriate compensation models based on compensation survey data. Responds on behalf of the medical group to annual Physician Compensation Surveys conducted by MGMA and other organizations. Assists EMA leadership in creating and revising physician job descriptions; acts as subject matter expert in maintaining accurate, consistent job descriptions across all specialties. Completes annual evaluation of EMA positions related to market salary survey data, years of experience analyses, ACA workforce analysis, and other regulatory reporting. Creates clear financial reports, analyzes data, and provides conclusions in response to routine or ad hoc inquiries from leadership. Leads annual medical group physician expense budget preparation. Provides analysis of budget outcomes, including budget to actual variance. Works closely with the health system’s finance department regarding physician expenses and their impact on the larger organization, including bonus accruals. Supports productivity analysis in collaboration with the Physician Performance Analytics Manager. Acts as a point person for HRIS/Payroll systems related to EMA compensation functions, payroll reporting, etc. Prepares and reviews monthly, bi-weekly, and ad-hoc reports for compliance and analysis. Reviews and recommends salary placement as requested by leadership. Communicates with physicians regarding bonus awards and calculations. Leads evaluation, recommendation, implementation, and maintenance of physician compensation software as required. Performs other duties as assigned. Demonstrates strong interpersonal, organizational, and analytical skills. Possesses proficient written and verbal communication skills. Uses Microsoft Office products, especially Excel, at an intermediate or advanced level. Balances independent judgment with team support in reporting, analysis, and conclusions. Establishes and maintains positive relationships across all organizational levels. Takes initiative, demonstrates innovation, and works effectively in various settings. Understands physician compensation elements and productivity metrics, including work relative value units. Plans, organizes, and prioritizes multiple tasks/projects; capable of influencing and negotiating. Knowledge of federal and state laws related to physician referrals, anti-kickback, fraud, abuse, and tax exemption. Possesses problem-solving, project management, and teamwork skills. Eisenhower Health offers a generous benefits package and a matched retirement plan.
Employees are eligible to participate in a benefits program designed to support you and your family. The organization fosters a culture based on strong values, commitments, and a passion for service and professional excellence. What Our Nurses Say
"One of my very favorite things about working at Eisenhower Health is the culture of inclusivity and evidence-based practice." Lori "Support from Administration and ongoing process improvements make Eisenhower Health a fantastic place to work." "The camaraderie within my unit and across departments is what I love most about working here."
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Education:
Required: Bachelor’s degree in Finance, Accounting, Business Administration or related field Preferred: Master’s degree in Health Care Administration, Finance, Accounting or related field Licensure/Certification:
N/A Experience:
Required: Three (3) years of compensation, finance or business analytics experience Preferred: Experience in physician compensation, healthcare finance, and budgeting Demonstrates compliance with Code of Conduct and compliance policies and takes action to resolve compliance questions or concerns and report suspected violations. Compiles, creates, and analyzes information pertaining to physician compensation including internal, equity, and market comparisons, and fair market value determinations. Conducts an annual market analysis of all physician compensation within the medical group, and makes recommendations with regard to market adjustments, equity adjustments, FMV compliance, etc.; works with medical group leadership, including the medical group’s compensation committee, to review and implement required changes. Makes recommendations to Eisenhower Medical Associates (EMA) leadership on all physician compensation related issues. Works closely with medical group consultants in constructing appropriate compensation models based on compensation survey data. Responds on behalf of the medical group to annual Physician Compensation Surveys conducted by MGMA and other organizations. Assists EMA leadership in creating and revising physician job descriptions; acts as subject matter expert in maintaining accurate, consistent job descriptions across all specialties. Completes annual evaluation of EMA positions related to market salary survey data, years of experience analyses, ACA workforce analysis, and other regulatory reporting. Creates clear financial reports, analyzes data, and provides conclusions in response to routine or ad hoc inquiries from leadership. Leads annual medical group physician expense budget preparation. Provides analysis of budget outcomes, including budget to actual variance. Works closely with the health system’s finance department regarding physician expenses and their impact on the larger organization, including bonus accruals. Supports productivity analysis in collaboration with the Physician Performance Analytics Manager. Acts as a point person for HRIS/Payroll systems related to EMA compensation functions, payroll reporting, etc. Prepares and reviews monthly, bi-weekly, and ad-hoc reports for compliance and analysis. Reviews and recommends salary placement as requested by leadership. Communicates with physicians regarding bonus awards and calculations. Leads evaluation, recommendation, implementation, and maintenance of physician compensation software as required. Performs other duties as assigned. Demonstrates strong interpersonal, organizational, and analytical skills. Possesses proficient written and verbal communication skills. Uses Microsoft Office products, especially Excel, at an intermediate or advanced level. Balances independent judgment with team support in reporting, analysis, and conclusions. Establishes and maintains positive relationships across all organizational levels. Takes initiative, demonstrates innovation, and works effectively in various settings. Understands physician compensation elements and productivity metrics, including work relative value units. Plans, organizes, and prioritizes multiple tasks/projects; capable of influencing and negotiating. Knowledge of federal and state laws related to physician referrals, anti-kickback, fraud, abuse, and tax exemption. Possesses problem-solving, project management, and teamwork skills. Eisenhower Health offers a generous benefits package and a matched retirement plan.
Employees are eligible to participate in a benefits program designed to support you and your family. The organization fosters a culture based on strong values, commitments, and a passion for service and professional excellence. What Our Nurses Say
"One of my very favorite things about working at Eisenhower Health is the culture of inclusivity and evidence-based practice." Lori "Support from Administration and ongoing process improvements make Eisenhower Health a fantastic place to work." "The camaraderie within my unit and across departments is what I love most about working here."
#J-18808-Ljbffr