Physician Compensation Analyst

Interior Health Authority

$76K — $109K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and/or CPA required
  • 1-3 years of relevant experience
  • Strong organizational, interpersonal, and communication skills
  • Experience in a healthcare organization of similar size
  • Ability to work within a multidisciplinary team
  • Proficient in data analysis and reporting
  • Understanding of accounting and budgeting cycles

Responsibilities

  • Provide timely and clear information for decision-making
  • Conduct data analysis leveraging various data sources
  • Lead physician billing process implementation for new contracts
  • Prepare evaluations of physician service contracts
  • Collaborate with Financial Services for billing initiatives
  • Develop working relationships with program managers and directors
  • Conduct evaluations and analyses as requested

Benefits

  • Attractive remuneration package
  • Excellent career prospects
  • Employer paid training and education
  • Employer paid vacation
  • Employer paid insurance premiums
  • Extended Health & Dental coverage
  • Work-life balance
  • Potential to contribute to MPP
Full Job Description
Position Summary
Interior Health is seeking a permanent full-time Physician Compensation Analyst who is passionate about driving meaningful changes in healthcare.

Location: The worksite location is flexible within the Interior Health region.

What we offer:
• An attractive remuneration package
• Excellent career prospects
• Employer paid training/education
• Employer paid vacation
• Employer paid insurance premiums
• Extended Health & Dental coverage
• Work-life balance
• May be eligible to contribute to MPP

The salary range for this position is $76,111 (min) to $95,138 (midpoint) to $109,409 (max) per annum, based on 1.0 FTE. Interior Health typically establishes salaries within the minimum and midpoint of the salary range based on qualifications, experience of the applicant, and an internal equity review of the salaries of other employees.

How will you create an impact:
The Physician Compensation Analyst is responsible for supporting the planning, analysis, contract evaluation, and decision support related to physician compensation models, contracts, and funding in Medicine.

What will you work on:
• Provides timely, relevant, reliable, and clear information with appropriate supporting data analyses and review of alternatives to inform planning and decision-making by the Manager and Directors of Physician Compensation; the Corporate Director, Medical Affairs; the Executive Medical Directors; as well as Leadership Teams.
• Provides data analysis using key data sources (physician compensation financial, fee for service revenue, population, clinical, organizational, and administrative) in response to Medical Affairs and Senior Executive level requests for information and analysis. This work may include revenue analysis, data linkage, descriptive information, statistical analyses, and statistical tests of significance.
• Leads implementation of physician billing and service reporting processes for new physician contracts to ensure reporting processes include appropriate and adequate financial and other controls. This requires working collaboratively with physicians, program Managers, Accounts Receivable, Medical Affairs, and the Ministry of Health to ensure all partners needs are met.
• In a timely manner, prepares evaluations of physician service contracts and programs as identified by the service deliverables schedule in physician contracts.
• Works closely with Financial Services to analyze and implement physician billing initiatives impacting the Medical Affairs and Financial Services Portfolios.
• Develops a strong working relationship with program Managers, Directors, Business Support, and others who require information for planning, managing, and evaluating physician contracts and services. Project support may include planning project deliverables, identifying data sources and appropriate methods to support planning, data analyses, funding options, writing summary reports, and preparing presentations.
• Completes evaluations, analyses, and projects as requested by the Manager, Physician Compensation.
• Provides input and identifies opportunities for physician contract revenue analysis to the Manager, Physician Compensation. This includes providing recommendations and advice on important data development, process improvements to maximize physician billing revenues, and future projects/ analyses.
• Works with representatives of other Health Authorities and other data custodians to support physician compensation analysis and reporting initiatives.
• Works with Information Management/Information Technology and other IH staff to support timely, reliable, and consistent data reporting and analysis.
• In alignment with IH's Occupational Health & Safety Program, employees shall adhere to all Occupational Health and Safety policies and procedures at all times and attend all required training. Employees are responsible to report any identified hazards, unsafe conditions or incidents to the manager or supervisor immediately.
• Other related duties as may be assigned.

Qualfications
Education, Training and Experience
• A Bachelor's degree and/or a CPA.
• One to three years of experience relevant to the duties of the position.
• An equivalent combination of related education and experience may be considered.

Skills and Abilities
• Excellent organizational, interpersonal, and communication skills.
• Customer service orientation with the ability to be innovative and participate with others to reach organizational objectives.
• Experience working in an organization of similar size and complexity to Interior Health in a role that required awareness of the structure and how to navigate through it to ensure internal clients were provided efficient and effective service.
• Ability to participate on a multi-disciplinary team and ensure deadlines and milestones are met.
• Ability to adapt and produce high quality results in a constantly-changing and developing environment.
• Ability to multi-task and perform numerous tasks within acceptable time frames.
• Excellent computer skills in order to access and manipulate data from various systems to produce financial and other analysis and reports.
• Strong analytical ability to meaningfully interpret and present data.
• Understanding of the full accounting and budgeting cycle.
• Physical ability to perform the duties of the position.

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