What are the responsibilities and job description for the Senior Physician Compensation Analyst - Remote position at Sound - Our People Make Difference?
ABOUT SOUND
Headquartered in Tacoma, WA, Sound Physicians is a physician-founded and led, national, multi-specialty medical group made up of more than 1,000 business colleagues and 4,000 physicians, APPs, CRNAs, and nurses practicing in 400-plus hospitals across 45 states. Founded in 2001, and with specialties in emergency and hospital medicine, critical care, anesthesia, and telemedicine, Sound has a reputation for innovating and leading through an ever-changing healthcare landscape — with patients at the center of the universe.
Sound Physicians offers a competitive benefits package inclusive of the items below, and more:
- Medical insurance, Dental insurance, and Vision insurance
- Health care and dependent care flexible spending account
- 401(k) retirement savings plan with a company match
- Paid time off (PTO) begins accruing immediately upon start date at a rate of 15 days per year, in accordance with Sound's PTO policy
- Ten company-paid holidays per year
ABOUT THE ROLE
The Senior Physician Compensation Analyst is a key member of the Compensation team responsible for supporting the design, analysis, and administration of compensation programs, with a primary focus on clinical and provider compensation. This role ensures that Sound’s physician and APP pay structures, including base salary, incentive plans, and total rewards programs, remain competitive, equitable, and aligned with business objectives.
This role requires deep expertise in healthcare provider compensation, including RVU-based models, shift-based pay structures, and short- and long-term incentive plans. The Senior Physician Compensation Analyst will collaborate with Finance, Clinical Operations, Talent Acquisition, and Leadership to develop insights and recommendations for provider pay programs.
The Details: This is a full-time, remote position.
ESSENTIAL DUTIES AND RESPONSIBILITIES
• Conducting market analyses and job evaluations for physicians, APPs, and clinical roles using data from industry benchmarks to determine competitive pay structures.
• Administering provider compensation programs, including base salaries, productivity-based pay, stipends, and incentive plans.
• Partnering with Finance, Talent Acquisition, and Clinical Operations to ensure alignment between compensation programs and business strategy.
• Supporting the design and modeling of short- and long-term incentive plans, ensuring they drive performance and remain financially sustainable.
• Ensuring compliance with healthcare compensation regulations.
• Developing and maintaining compensation reports, dashboards, and audits to monitor trends and provide insights for leadership.
• Providing guidance to Recruiting on offer approvals, salary structures, and compensation policies.
• Supporting annual and off-cycle compensation processes, including salary adjustments, incentive payouts, and special compensation programs.
• Ensuring data integrity within HR systems and compensation platforms.
VALUES
• Analytical mindset: Ability to interpret and communicate complex compensation data effectively.
• Proactive problem-solving: Demonstrates ownership of work, identifies opportunities for improvement, and drives solutions.
• Strong collaboration: Works well across Finance, HR, and Clinical Operations to build consensus on compensation strategies.
• Attention to detail: Ensures accuracy and compliance in all compensation processes and data analysis.
• Growth-oriented: Keeps up with industry trends and continuously seeks ways to enhance compensation strategies.
KNOWLEDGE, SKILLS AND ABILITIES
• Deep expertise in healthcare provider compensation, including RVU-based models, shift differentials, stipend structures, and incentive plans.
• Familiarity with healthcare compensation regulations, including Stark Law, Anti-Kickback, and FMV assessments.
• Strong understanding of market data sources and how to apply them to physician and APP compensation.
• Proficiency in HRIS and compensation systems.
• Advanced Excel skills, including modeling and data visualization.
EDUCATION AND EXPERIENCE
• Bachelor’s degree in business, finance, human resources, or related field or the equivalent in education and experience.
• 5 years of experience in compensation analysis, with at least 3 years specifically focused on provider or clinical compensation in a healthcare system or large healthcare organization.
• Experience working with physician compensation models, incentive plan design, and regulatory compliance.
• CCP (Certified Compensation Professional) or CHRC (Certified in Healthcare Compensation) certification preferred.
SALARY RANGE
$95,000 - $115,000 annually. Exact pay will be determined based on candidate experience and geographic location.
Sound Physicians is an Equal Employment Opportunity (EEO) employer and is committed to diversity, equity, and inclusion at the bedside and in our workforce. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, gender identity, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by federal, state, or local laws.
This job description reflects the present requirements of the position. As duties and responsibilities change and develop, the job description will be reviewed and subject to amendment.
Salary : $95,000 - $115,000
