What are the responsibilities and job description for the Compensation & Data Analyst position at Lehigh Valley Hospital?
Delivering Excellence in Healthcare
At Lehigh Valley Health Network (LVHN), we pride ourselves on being a talented, vibrant, and diverse workforce of nearly 23,000 colleagues. Our team is nationally recognized for its forward-thinking approach and commitment to delivering the best healthcare possible every day.
A Career of Significance
We are home to some of the most advanced health networks in the nation, offering plenty of opportunities to make a meaningful impact. Whether you're considering your next career move or your first, we invite you to experience firsthand what it's like to be part of our exceptional healthcare team.
Why Choose LVHN?
- We've been ranked among the 'Best Hospitals' by U.S. News & World Report for 23 consecutive years.
- We are a Magnet hospital, having been honored five times with the American Nurses Credentialing Center's prestigious distinction for nursing excellence and quality patient outcomes in our Lehigh Valley region.
- We received an 'A' grade on the Hospital Safety Grade from The Leapfrog Group in 2020, highlighting our commitment to teamwork, compassion, and technology.
Your Role : Compensation Analyst
As a key member of our team, you will analyze and communicate sensitive compensation, healthcare productivity, and performance-feedback data to executive management and over 1100 physicians and Advanced Practice Clinicians within Lehigh Valley Physician Group and LVHN.
Key Responsibilities :
1. Prepare monthly compensation variance analysis and reconciliation against LVH / LVPG payroll systems and finance systems.
2. Develop the compensation budgeting and projection process for LVPG physicians and APCs.
3. Provide analysis of salary and productivity for recruiting new physicians and APCs.
4. Communicate budgeted physician salaries to LVPG Accounting office and LVPG Finance.
5. Create a system to track and update data that can be incorporated into existing Professional Services databases.
6. Develop compensation models for physicians and advanced practice clinicians to include ongoing changes to models and communication.
7. Maintain demographic information, beneficiary designation, and fund direction information for all eligible SERP participants.
8. Provide budgeted compensation and actual compensation information.
9. Execute physician and APC data analysis to benchmark data used for market adjustments to compensation models and recruiting.
10. Investigate and find current contact information for any providers whose distributions are returned undeliverable and ensures new distribution is made.
Requirements :
1. Bachelor's Degree in Healthcare-related or Business.
2. 5 years of communication and service to or with physicians, APCs, or other high-level professionals within healthcare.
3. Proficiency in Microsoft Access, Excel, and Word.
Preferred Qualifications :
Master's Degree in Healthcare-related or Business.
What We Offer :
Lift and carry 25 lbs. frequent sitting / standing, frequent keyboard use,
Equal Opportunity Employer :
Lehigh Valley Health Network is an equal opportunity employer and welcomes applications from all qualified candidates. We are committed to diversity and inclusion in our hiring practices and strive to create an environment where everyone feels valued and respected.
