Schedule: Full time
Shift: Day (United States of America)
Address: 770 W GRANADA BLVD
City: ORMOND BEACH
State: Florida
Postal Code: 32174
Job Description: - Facilitates effective communication regarding provider compensation matters with relevant stakeholders.
- Tracks, analyzes, and communicates compensation-related insights to leadership, providing actionable recommendations for improvement.
- Manages provider compensation data using relevant software systems and tools.
- Completes accurate provider compensation calculations and payment requests within specified timelines and contractual terms.
- Serves as a subject matter expert, providing guidance to HR, finance, and management on provider compensation matters.
- Identifies opportunities for process optimization and streamlining within the provider compensation function.
- Assists in the design and implementation of compensation plans, policies, and procedures that align with organizational objectives and regulatory requirements.
- Analyzes the impact and cost projections of provider compensation programs, ensuring financial sustainability.
- Collaborates with key stakeholders to develop and review provider contracts, ensuring accuracy and adherence to compensation terms.
- Assists in the preparation of budgets and monitors budget variances, ensuring financial accountability.
- Maintains accurate and secure storage of compensation data and records, ensuring confidentiality and compliance with privacy regulations.
- Performs other duties as assigned.
Knowledge, Skills, and Abilities: - Proficiency in advanced data analysis tools, including predictive modeling, regression analysis, and scenario planning, to support evidence-based compensation decisions. [Required]
- Thorough understanding of healthcare reimbursement methodologies, including Alternative Payment Models (APMs) and their implications on provider compensation. [Required]
- Strong negotiation skills, with a proven track record of successfully aligning provider incentives with organizational goals and quality metrics. [Required]
- Experience in leading change management initiatives, ensuring smooth transitions during the implementation of new compensation strategies. [Required]
- Exceptional presentation skills, capable of effectively conveying complex compensation concepts to diverse audiences, including executive leadership and providers. [Required]
- Familiarity with global compensation practices and their impact on international recruitment and provider retention strategies. [Required]
- Proficiency in utilizing advanced HRIS (Human Resources Information System) platforms to automate compensation processes, enhance data accuracy, and optimize reporting capabilities. [Required]
- Strong knowledge of data privacy and compliance regulations, with the ability to establish and enforce robust data protection protocols within the compensation function. [Required]
Education: - Bachelor's [Required]
- Master's [Preferred]
Field of Study: - in finance, accounting, or a business-related field
Work Experience: - 1+ years of experience working in provider compensation [Required]
- 5+ years of healthcare finance/accounting industry experience [Preferred]
Physical Requirements: (Please click the link below to view work requirements)
Physical Requirements - https://tinyurl.com/23km2677
Pay Range:$60,151.66 - $111,886.39
Background Screening Requirement (Florida Law) Certain positions are subject to
Florida Level 2 background screening, including fingerprinting, as required by state law.
Applicants may review general information about Florida's background screening requirements at the
Florida Care Provider Background Screening Clearinghouse:
https://info.flclearinghouse.com/
