Senior Financial Analyst - Medical Groups

Full Time
Fort Lauderdale, FL 33308
Posted
Job description
Company Description


Holy Cross Hospital in Fort Lauderdale, Florida is a full-service, non-profit Catholic hospital, operating in the spirit of the Sisters of Mercy and a part of Trinity Health.


Qualifications


**Hybrid Position**


ESSENTIAL FUNCTIONS:

  • Oversees and supports administration of various provider compensation models, ensuring compliance with Holy Cross Health policies, procedures, and guidelines.
  • Develops, maintains, and updates physician compensation models, including regular auditing and reconciliation. Guides future development and enhancements to models.
  • Performs regular analysis of complex compensation calculations including wRVU incentive models, clinical quality compensation, and value-based metrics.
  • Serves as a subject matter expert and consults with physicians and all levels of leadership throughout the organization on physician compensation and related policies and practices.
  • Uses EHR data and related databases for reporting and calculating wRVUs for provider compensation.
  • Provides monthly physician compensation analysis and provides analysis of current and future compensation models for Medical Group Administration.
  • Performs robust financial analysis on physicians' practices and makes sound, data-driven recommendations to senior leadership on fiscal viability of contract renewals.
  • Main point of contact and problem-solver for physicians with compensation issues and concerns. Must utilize critical thinking and investigative skills to research and resolve variable, complex compensation issues.
  • Periodically presents compensation material to physicians and medical group leadership.
  • Acts a point of contact between Medical Group Administration, and HCH Finance, Payroll, and Legal.
  • Works with the Medical Group Administration to budget provider compensation appropriately among variable components (wRVU incentive compensation, quality compensation, etc.).
  • Regularly interprets and administers compensation based on physician employment agreements.
  • Performs and reports compensation activities including analysis such as modeling, reconciliation, and forecasting; provides general consultation to leadership and physicians regarding the same.
  • Creates compensation analytics by synthesizing information from multiple sources of data. Manage consolidation of complex data into meaningful information for compensation decisions and strategic planning.
  • Partners with Finance to perform monthly accruals and annual budgeting as related to core job functions.
  • Reviews changes in benchmark data for impact on current provider compensation plans; makes recommendations for changes.
  • Prepares and delivers executive ready presentation material.
  • Participates in special projects.
  • Perform other duties and responsibilities as assigned.


SKILLS, KNOWLEDGE, EDUCATION, AND EXPERIENCE:

  • Bachelor's Degree required, preferably in accounting, finance, or business administration. Master’s Degree in Healthcare Administration, Business Administration, or another related field preferred.
  • Five (5) years minimum experience, preferably in a health care setting, with background in accounting, finance, or provider compensation.
  • Microsoft Excel proficiency required. Microsoft Access proficiency preferred.

Additional Information


All your information will be kept confidential according to EEO guidelines.

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