Demo

Senior Provider Compensation Analyst

Spectrum Health
Grand Rapids, MI Full Time
POSTED ON 1/17/2025
AVAILABLE BEFORE 3/21/2025

Job Summary

With limited supervision, supports the timely and accurate administration of provider compensation plans for Corewell Health Medical Group East.

Essential Functions

  • Performs day-to-day activities to support the administration of provider compensation plans, including resolving issues, questions, and concerns pertaining to select clinical service lines.
  • Partners with departmental leaders, finance, legal, physician contracting, and HR customers to address issues and conduct collaborative problem-solving
  • Performs financial modeling & benchmark analyses to advise decision-making for clinical and operational leadership to maintain market competitiveness and alignment with budgetary and regulatory requirements.
  • Advises upon and supports the implementation of special initiatives, including addressing changing market demands for compensation and the communication of various compensation programs / practices with a focus on change management.
  • Partners with Manager and team members to develop standard deliverables related to internal & external processes.
  • Supports internal process improvement efforts, including technological capabilities and efficiencies.
  • Supports regulatory review process (including Fair Market Value) for clinical service lines, as needed.

Qualifications

Required

  • Bachelor's Degree or equivalent accounting, finance, business, health care administration or related field
  • 5 years of relevant experience Progressively responsible work experience in finance with heavy emphasis on financial modeling and analytics, preferably related to compensation.
  • Preferred

  • Master's Degree or equivalent
  • Familiarity with provider compensation plans, compensation and productivity (, wRVUs) benchmarking, and regulatory requirements (such as Fair Market Value and Stark Law).
  • Healthcare industry experience, including but not limited to, hospitals and physician practices.
  • About Corewell Health

    As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.

    How Corewell Health cares for you

    Comprehensive benefits package to meet your financial, health, and work / life balance goals. Learn more .

    On-demand pay program powered by Payactiv

    Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!

    Optional identity theft protection, home and auto insurance, pet insurance

    Traditional and Roth retirement options with service contribution and match savings

    Eligibility for benefits is determined by employment type and status

    Primary Location

    SITE - Beaumont Service Center - 26901 Beaumont Blvd

    Department Name

    Physician Compensation

    Employment Type

    Full time

    Shift

    Day (United States of America)

    Weekly Scheduled Hours

    Hours of Work

    8 : 00 to 5 : 00

    Days Worked

    Monday to Friday

    Weekend Frequency

    N / A

    CURRENT COREWELL HEALTH TEAM MEMBERS – Please apply through Find Jobs from your Workday team member account. This career site is for Non-Corewell Health team members only.

    Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.

    Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.

    An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.

    You may request assistance in completing the application process by calling

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